Facilities Projects, Service Buildings Underway at New Cities

• Thursday, 20th April 2017
• by Leena ElDeeb

Facilities projects are underway in New Minya and service buildings are to be constructed in 6th of October City and New Damietta, Invest-Gate reports.

Production At Iowa Fertilizer Company Starts, USA

• Thursday, 20th April 2017
• by Leena ElDeeb

Egyptian construction company Orascom is announcing that production and sales at its construction project Iowa Fertilizer Company is starting, the first world-scale greenfield nitrogen fertilizer plant to be built in the USA in more than 25 years, Invest-Gate reports.

1,741 Newly-Established Local Companies in March – Report

• Thursday, 20th April 2017
• by Nayrouz Talaat

The General Authority for Investment (GAFI) says that 1,741 new companies were established last month with total investments worth EGP 3.6 bn, Invest-Gate reports.

Nasr: China to Be Egypt’s Tenth Largest Foreign Investor

• Thursday, 20th April 2017
• by Nayrouz Talaat

Egypt hopes that China will be the country’s 10th largest foreign investor in the coming years, Invest-Gate reports.

Al Ahly for Real Estate Development Targets EGP 4 bn Contractual Sales

• Thursday, 20th April 2017
• by Nayrouz Talaat

Egypt’s Al Ahly for Real Estate Development Company Chairman Hussein Sabbour says that his company is targeting contractual sales of EGP 4 bn (USD 220.3 mn) in its different projects during 2017, Invest-Gate reports.

Egypt to Develop Transport Links to New Administrative Capital

• Thursday, 20th April 2017
• by Fatma Khaled

A new infrastructure project will be built to link the New Administrative Capital with the national railway network, Invest-Gate reports.

Aboul Fotouh Group to Launch Major Real Estate Project on Alexandria Road

• Thursday, 20th April 2017
• by Fatma Khaled

Aboul Fotouh Group, a prominent real estate developer and automotive oriented company, will launch a fully-integrated community on Cairo-Alexandria Road, Invest-Gate reports.

CAPMAS Counts Residential Buildings, North Sinai

• Wednesday, 19th April 2017
• by Leena ElDeeb

The state-run Central Agency for Public Mobilization and Statistics (CAPMAS) is starting to count residential buildings in North Sinai, a first-phase operation which will last until May 26, MENA reports.

Gov’t in negotiation with Dubai’s UWI over Real Estate projects

• Wednesday, 19th April 2017
• by Nayrouz Talaat

The Egyptian government is negotiating a deal with United World Infrastructure (UWI), a Dubai and Washington-based infrastructure, investment and development company, to help fill its funding gaps and cooperate to acquire, invest in, design, build, and operate new clusters and other real estate and infrastructure projects, Invest-Gate reports.

Palm Hills Developments records net sales of EGP 3.1 bn in Q1

• Wednesday, 19th April 2017
• by Nayrouz Talaat

Egyptian real estate developer Palm Hills Developments net sales are at EGP 3.1 bnfor Q1 of 2017, up by 58% y-o-y, Invest-Gate reports.