‘Sakan Misr’ Housing Units to Be Offered Soon

• Monday, 10th July 2017
• by Menna A. Farouk

The New Urban Communities Authority (NUCA) announces that conditions for buying residential units in the new housing project ''Sakan Misr" will be released during upcoming days, Invest-Gate reports.

Finance Ministry: Monthly Inflation Rate to Stabilize in 4 Months

• Monday, 10th July 2017
• by Menna A. Farouk

Egypt expects the monthly inflation rate to stabilize within four months at between 1-1.25%, Minister of Finance Amr El-Garhy says.

Memaar Al Morshedy Uncovers Degla Landmark

• Monday, 10th July 2017
• by Menna A. Farouk

Egyptian property developer, Memaar Al Morshedy, unveils a new project in Nasr City, Invest-Gate reports.

Gov’t to Allocate EGP 32.3 bn for Upper Egypt in FY2017-18

• Monday, 10th July 2017
• by Menna A. Farouk

The government plans to pump new investments in Upper Egypt, Invest-Gate reports.

Egypt’s Havana Real Estate Markets 60% of Havana Hills Project

• Monday, 10th July 2017
• by Menna A. Farouk

Cairo-based Havana Real Estate Developments Company says it has marketed around 60% of its Havana Hills project in 6th of October City, Reuters reports.

Marseilia Egyptian Gulf Real Estate Investment Quarterly Profit Falls

• Monday, 10th July 2017
• by Menna A. Farouk

The Marseilia Egyptian Gulf Real Estate Investment quarterly net profit after tax accounts for EGP 3.7 mn versus EGP 26 mn one year ago, Invest-Gate reports.

CBE: USD 57 bn Cash Flow into Banks in 8 Months

• Monday, 10th July 2017
• by Menna A. Farouk

Central Bank Governor Tarek Amer announces cash inflows into Egypt's banking system totalled over USD 57 bn since Egypt floated its currency in November, according to Reuters.

Spain Eyes More Investments in Egypt

• Thursday, 6th July 2017
• by Menna A. Farouk

A group of Spanish investors are willing to increase their investments in Egypt amid improving investment climate, Invest-Gate reports.

EGX Nods to Zahraa Maadi, First Investment Capital Raises

• Thursday, 6th July 2017
• by Menna A. Farouk

The Egyptian Exchange’s (EGX) Listing Committee approves the requests submitted by Zahraa Maadi Investment and Development, First Investment, and Real Estate Development to raise their capitals, Invest-Gate reports.

Remco Releases Stella Di Mare Phase II

• Thursday, 6th July 2017
• by Menna A. Farouk

Egyptian construction firm Remco Tourism Villages Construction Company (RTVC) is launching a new phase of a project located beside the original Stella Di Mare site in Ain Sokhna, Invest-Gate reports.