Egypt, EU Conclude EUR 1.4 mn Program to Improve Performance of Quality Infrastructure

• Thursday, 25th May 2017
• by Nayrouz Talaat

Egypt and the European Union are concluding a EUR 1.4 mn program aimed at supporting and strengthening the performance of the Egyptian Quality Infrastructure within the national reform priorities so that it is aligned with European and international best practices for building capability, Invest-Gate reports.

The Big 5 Construct Egypt to Convene in Cairo

• Thursday, 25th May 2017
• by Fatma Khaled

Professionals, decision-makers and exhibitors from the global construction sector will gather in Cairo in September, 2018 to explore business opportunities within the country’s rapidly growing market at the launch of The Big 5 Construct Egypt exhibition, Invest-Gate reports.

CBE Launches Initiative Worth EGP 30 bn to Support Micro Enterprises

• Thursday, 25th May 2017
• by Fatma Khaled

The Central Bank of Egypt (CBE) launches an initiative worth EGP 30 bn to fund micro enterprises, Invest-Gate reports.

Tatweer Misr Holds Roundtable on Entrepreneurship

• Thursday, 25th May 2017
• by Nayrouz Talaat

Egypt's real estate developer Tatweer Misr held on May 24 a roundtable on entrepreneurship and creativity, Invest-Gate reports.

Gov’t Successfully Finalizes EGP 8.5 bn Water Projects

• Thursday, 25th May 2017
• by Menna A. Farouk

The government successfully finalizes carrying out EGP 8.5 bn water projects which were halted three year ago, especially in New Cairo, 10th of Ramadan City and 6th of October City, Invest-Gate reports.

First Phase of Siemens’ Mega Project in Egypt Finalized

• Wednesday, 24th May 2017
• by Nayrouz Talaat

Germany’s conglomerate company, Siemens, announces that the first phase of its mega project in Egypt has been finalized, with 4.8 GW already being connected to the grid, Invest-Gate reports.

Egypt Launches 16,900 Social Housing Units Worth EGP 2.3 bn

• Wednesday, 24th May 2017
• by Fatma Khaled

The government launches 16,900 social housing units worth EGP 2.3 bn in nine new cities, Invest-Gate reports.

Tourist Arrivals Up 51% in Q1

• Wednesday, 24th May 2017
• by Nayrouz Talaat

Tourist arrivals to Egypt rise by 51% in the first quarter of 2017, compared to the same period a year earlier, Invest-Gate reports.

Heliopolis Housing to Ink EGP 500 mn Lease Agreement Tomorrow

• Wednesday, 24th May 2017
• by Menna A. Farouk

Egypt’s construction company Heliopolis for Housing and Development will sign a lease agreement with Al-Oula - El-Taamir for Mortgage Finance tomorrow, Invest-Gate reports.

Ezz Steel Turns Profitable in 2016

• Wednesday, 24th May 2017
• by Menna A. Farouk

Egyptian steelmaker Ezz Steel achieved consolidated net profits of EGP 560.15 mn during the fiscal year ending on December 31, 2016, against net losses of EGP 603.3 mn a year earlier, Invest-Gate reports.