News / Egypt

Developer Tamer El-Khouly Selected Strategic Partner for Côte d’Ivoire

Egyptian real estate developer Tamer El-Khouly has been chosen as a strategic partner for the Republic of Côte d'Ivoire

Entertainment Complex to Open in New Al-Alamein Soon

Khaled Abbas, Deputy Minister of Housing for National Projects, has revealed that a new entertainment complex is set to open in New Al-Alamein City this year

Egypt’s Budget Deficit Records EGP 259 bn in 8M

Egypt’s Ministry of Finance (MoF) announced that the state’s budget deficit has surged by 14.2% year-on-year (Y-o-Y) in the first eight months of FY 2017-18

Atlas Development Unveils New Project in Sheikh Zayed

Egypt-based Atlas for Land Reclamation and Agricultural Processing announced that its unit, Atlas for Investments and Real Estate Development, is on the verge of announcing its new Riviera Avenue residential project in Sheikh Zayed

Orascom Reveals First Office Building in El Gouna

Egypt's Orascom Development Holding (ODH) has signed a nine years' lease agreement with a German-based company to lease the first office building in El Gouna for a total amount of USD 6.7 mn

Egypt Inaugurates Investment Pavilion in Russia’s Fan Zone

The Ministry of Investment and International Cooperation (MIIC) has inaugurated on Monday, June 18, Egypt's pavilion in the Fan Zone in Russia's St. Petersburg to promote for Egypt's investment map

Marseilia to Ink Partnership Deal with Ruqai Real Estate

Marseilia Almasria Alkhalegeya for Real Estate Investment's ordinary general meeting (OGM) has agreed to sign a joint-venture contract with Ruqai Real Estate

Egypt Parliament Approves Financial Leasing, Factoring Law

Egypt's parliament has approved on Saturday, June 23, a financial leasing and factoring bill in a general session headed by Parliament Speaker Ali Abdel Aal, in the presence of Minister of Investment and International Cooperation Sahar Nasr

Egypt to Receive 4th Tranche of IMF Loan July-End

Minister of Finance Mohamed Moeet has revealed that Egypt is set to receive the fourth tranche of the International Monetary Fund's (IMF) loan package by the end of July 2018

Egypt Disburses EGP 1.5 bn to Install Energy-Saving Street Lights

Egypt’s Ministry of Finance (MoF) announces a disbursement of EGP 1.5 bn to fund the first and second phases of its plan to displace the country’s street lights by energy-saving bulbs

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