News / Egypt

Elite’s Second Round Kicks Off in Cairo

The second round of the Elite Real Estate Exhibition kicks off in Cairo with the participation of 120 leading Egyptian and Gulf real estate developers on August 9, Invest-Gate reports.

Projects Real Estate Development launches the -EGP 10bn- Blues Tiffany

News Correction: Projects Real Estate Development has announced the launch of its latest Blues Tiffany on the Egyptian North Coast, and has contracted Sabbour Consulting for the supervision and consultancy of the project, Invest-Gate reports

Egypt Ranks Second Fastest Growing Tourism Market Globally

Egypt ranks the world’s second fastest growing tourist destinations in 2017, Invest-Gate reports

Event Alert: ARCO Brings Despacito’s Luis Fonsi to North Coast This Weekend

Egyptian real estate developer ARCO Developments is to hold one-of-a-kind event on August 11 in the North Coast, Invest-Gate reports

Palm Hills to Issue Bonds Worth EGP 700 mn

Egyptian real estate company Palm Hills Developments begins the regulatory procedures of issuing securitization bonds of up to EGP 700 mn, Invest-Gate reports.

Obour to See New 25,056 Residential Units

The government is working on a number of service and development projects in Obour City, Invest-Gate reports.

Garhy Steel Plans IPO in Q1 of 2018 

Egyptian steel manufacturer Garhy Steel is planning to offer 25% of its shares in the Egyptian Exchange (EGX) during the first quarter of 2018, Invest-Gate reports.

Draft for New Investment Law Executive Regulations Approved

Egypt's economic group approves the draft of the new Investment Law executive regulations, a much-anticipated decision by both local and foreign investors, Invest-gate reports. 

Egypt, EBRD to Sign Private Sector Funding Deal Worth USD 60 mn Next Week

Egypt and the European Bank for Reconstruction and Development (EBRD) will sign a USD 60 mn agreement next week to finance private projects, Invest-Gate reports.

Prince Waleed Bin Talal, TMG Inject USD 800 mn into Egypt’s Hospitality Projects

Saudi Prince and business tycoon Waleed bin Talal is to inject investments worth USD 800 mn, in co-operation with Talaat Mostafa Group (TMG), into a number of hospitality projects in Egypt, Invest-Gate reports.

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