Work Starts at Villas District in New Administrative Capital

• Wednesday, 31st May 2017
• by Menna A. Farouk

Construction works are starting at the site of the villas district as part of the residential community in the New Administrative Capital, Invest-Gate reports.

Three Property Insurers Vying to Win Egypt GASCO’s Insurance Policy Tender

• Tuesday, 30th May 2017
• by Nayrouz Talaat

Three insurers are competing to win a property insurance policy tender launched by the state-run Egyptian Natural Gas Company (GASCO), Invest-Gate reports.

Emaar Misr Launches Fountainside Residence in Uptown Cairo

• Tuesday, 30th May 2017
• by Nayrouz Talaat

Emaar Misr announces the launch of the first phase of Fountainside Residence in Uptown Cairo on May 24, Invest-Gate reports.

Germany Plans to Inject Investments Worth EUR 360 mn in Egypt’s Projects

• Tuesday, 30th May 2017
• by Fatma Khaled

Germany is planning to inject investments worth EUR 360 mn in several projects in Egypt covering the fields of housing, renewable energy, as well as small- and medium-sized enterprises, Invest-Gate reports.

El-Mamoura Company for Construction to Launch 2 New Projects in Alexandria

• Tuesday, 30th May 2017
• by Menna A. Farouk

El-Mamoura Company for Construction and Tourism Development plans to implement a commercial and residential project spanning an area of 4,000 square meters in Alexandria during the next fiscal year, Invest-Gate reports.

HDB Profits Grow 203% in Q1

• Tuesday, 30th May 2017
• by Menna A. Farouk

Egypt’s Housing and Development Bank (HDB) posts consolidated profits of EGP 556.8 mn in Q1 of 2017, up 203% y-o-y from EGP 183.7 mn, Invest-Gate reports.

Finland to Increase Investments in Egypt’s Renewable Energy Projects

• Monday, 29th May 2017
• by Nayrouz Talaat

Finland seeks to increase its investments in Egypt’s renewable energy projects, Invest-Gate reports.

Indian Firm to Increase Investments in Egypt to USD 1.5 bn

• Monday, 29th May 2017
• by Menna A. Farouk

TCI Sanmar, the Egyptian arm of the Indian Sanmar Petrochemicals Group, plans to increase its investments in Egypt to USD 1.5 bn, Invest-Gate reports.

GAFI Establishes Investment Zone in Damietta City for Furniture

• Monday, 29th May 2017
• by Nayrouz Talaat

A new investment zone spanning an area of 331 feddans is to be established in the New Damietta City for furniture, Invest-Gate reports.

HHD Allocates EGP 50 mn to Develop Land Plot in New Cairo

• Monday, 29th May 2017
• by Menna A. Farouk

Egypt’s Heliopolis for Housing and Development (HHD) is allocating EGP 50 mn from its investment budget for FY2017-18 to provide its land plot in New Cairo with basic facilities, Invest-Gate reports.