Egypt in Talks With WB for USD 200 mn Loan

• Monday, 22nd May 2017
• by Nayrouz Talaat

The government is currently in talks with the World Bank to receive a EGP 200 mn loan aiming to finance labor-intensive projects nationwide, Invest-Gate reports.

PM Sets May 30 as Deadline for Reclaiming Stolen Lands

• Monday, 22nd May 2017
• by Menna A. Farouk

Egypt’s Prime Minister Sherif Ismail is calling on governors to conclude the process of reclaiming state-owned lands illegally appropriated on behalf of private parties by May 30, Invest-Gate reports.

Egyptalum Unveils New Production Line worth EGP 9.7 bn

• Monday, 22nd May 2017
• by Menna A. Farouk

Aluminium Company of Egypt (Egyptalum) announces a new production line project worth EGP 9.7 bn established in two phases, Invest-Gate reports.

GAFI Says 370 Firms Established in Third Week of May

• Monday, 22nd May 2017
• by Nayrouz Talaat

A total of 370 new companies have been established during the third week of May with investments worth EGP 580.4 mn, Invest-Gate reports.

Tatweer Misr Plans to Establish University for Entrepreneurs

• Monday, 22nd May 2017
• by Menna A. Farouk

Egypt’s real estate developer, Tatweer Misr, is seeking to collaborate with international universities, focusing on entrepreneurship and the development of Micro - Small and Medium Enterprises- in order to establish a university specialized in the field, Invest-Gate reports.

New Developments to Start in New Al-Alamein City

• Sunday, 21st May 2017
• by Menna A. Farouk

The government is planning the construction of residential towers and hotel buildings in New Al-Alamein City, Invest-Gate reports.

Investments in 6th of October City Total EGP 33.3 bn

• Sunday, 21st May 2017
• by Fatma Khaled

Total investments in ongoing projects in 6th of October City amount to EGP 33.3 bn, including residential projects worth EGP 19.5 bn, Invest-Gate reports.

Saudi Investors to Up Egypt Inflows to USD 51 bn

• Sunday, 21st May 2017
• by Menna A. Farouk

The Saudi-Egyptian Business Council plans to increase investments to USD 51 bn across Egypt’s agricultural, industrial, tourism, energy and real estate sectors, as well as the Suez Canal Development, Invest-Gate reports.

Egypt To Receive More German Investments Soon

• Sunday, 21st May 2017
• by Fatma Khaled

Egypt expects to receive additional German investments in various fields, following the launch of the Egyptian-German Business Forum scheduled to be held next month, Invest-Gate reports.

Egyptalum Plans to Build EGP 10-bn Aluminum Factory

• Sunday, 21st May 2017
• by Menna A. Farouk

Aluminium Company of Egypt (Egyptalum) unveils a plan to establish a new aluminum factory worth EGP 10 bn, Invest-Gate reports.