Fitch: Egypt’s Budget, Fuel Subsidies Cut Show Fiscal Commitment

• Monday, 24th July 2017
• by Yasmin El-Beih

Fitch Ratings states Egypt’s new budget, alongside lower electricity and fuel subsidies demonstrate continued commitment to fiscal consolidation and economic reform, backed by the country's IMF program, Invest-Gate reports.

ADFD Finances Projects Worth USD 1.08 bn in Egypt

• Monday, 24th July 2017
• by Yasmin El-Beih

The Abu Dhabi Fund for Development (ADFD) has provided Egypt with grants and concessionary loans worth AED 4 bn (USD 1.08 bn) to carry out 64 development projects in the country, Invest-Gate reports.

Gov’t Offers New Units for EGP 184,000

• Monday, 24th July 2017
• by Menna A. Farouk

The government is releasing new housing units for sale, Invest-Gate reports.

Egypt Launches New Online Service to Establish Companies

• Thursday, 20th July 2017
• by Menna A. Farouk

The Egyptian government is launching an online service dubbed ''Establish on Your Own'', enabling investors to establish their companies online through the websites of the Ministry of Investment and International Cooperation and the General Authority for Investments, Invest-Gate reports.

Cairo Hosts Smart City Dubai Challenge Saturday

• Thursday, 20th July 2017
• by Menna A. Farouk

Cairo will host Startupbootcamp, one of the global entrepreneurial competitions, next Saturday to select the best Egyptian tech-enabled startups helping build communities based on the 'smart cities' concept, Invest-Gate reports.

EgyptAir Operates flights to El-Alamein Starting Today

• Thursday, 20th July 2017
• by Menna A. Farouk

EgyptAir, the national air carrier, will operate weekly flights from Cairo to El-Alamein Airport as of July 20, Invest-Gate reports.

Gov’t to Allocate 40,000 Units in Six Cities

• Thursday, 20th July 2017
• by Menna A. Farouk

The government is to hold a lottery for new housing units as part of its new housing project Sakan Misr, Invest-Gate reports.

Jefaira to See Launch of New Units Today

• Thursday, 20th July 2017
• by Menna A. Farouk

Egyptian real estate company, Inertia, to launch new units in Jefaira today, Invest-Gate reports.

Nile Real Estate Company Launches Phase I of Nile Park

• Wednesday, 19th July 2017
• by Menna A. Farouk

Cairo-based Nile Real Estate Company launches the first phase of Nile Park residential project in New Cairo, Invest-Gate reports. Nile Park is part of the country’s Beit Al-Watan, a public project that allows Egyptian expatriates to own lands in their homeland.

Dorra Group to Launch The Courtyard end-2017 in Sheikh Zayed

• Wednesday, 19th July 2017
• by Menna A. Farouk

Egypt's real estate developer Dorra announces the delivery of the first phase of its commercial and administrative project The Courtyard, Invest-Gate reports.