Egypt To Inject More Investments in Startup Incubators, Risk Management Funds

• Sunday, 21st May 2017
• by Nayrouz Talaat

The government is to inject more investments in startup incubators and risk management funds in order to lend more support to small- and medium-sized enterprises, Invest-Gate reports.

Aloula Mortgage Signs Protocol With Central Agency for Reconstruction

• Thursday, 18th May 2017
• by Nayrouz Talaat

Egypt’s mortgage company Aloula signs a protocol with the Ministry of Housing-affiliated Central Agency for Reconstruction to enable more low and middle-income purchasers to obtain housing units in the agency's housing projects, Invest-Gate reports.

EUR 360 mn Allocated To Upgrade Alexandria Tram

• Thursday, 18th May 2017
• by Nayrouz Talaat

Egypt is set to upgrade Alexandria’s oldest tram network at a total cost of EUR 360 mn, which the French Development Agency (AFD) will partially fund with EUR 100 mn, Invest-Gate reports.  

Orascom Board Nominates Non-Executive Director

• Thursday, 18th May 2017
• by Menna A. Farouk

Egypt-based construction company Orascom Construction Limited announces that its board has nominated Mustafa Abdel-Wadood for the position of non-Executive Director, Invest-Gate reports.

Belarus Delegation Due in Cairo Soon to Scout Investment Opportunities in New Administrative Capital

• Thursday, 18th May 2017
• by Fatma Khaled

A Belarus delegation is expected to visit Egypt soon in order to scout investment opportunities in the New Administrative Capital, Invest-Gate reports.

Egypt to Establish Solar Power Station, Factory for Producing Solar Panels from Silica Sand

• Thursday, 18th May 2017
• by Fatma Khaled

The government is planning to establish a solar power station and factory to produce solar panels from silica sand, Invest-Gate reports.

US Companies Willing to Invest in Egypt’s Transportation Sector

• Thursday, 18th May 2017
• by Fatma Khaled

US companies are willing to invest in Egypt’s transportation sector through developing railways, Invest-Gate reports.

SODIC Seeks to Buy Land Plots in North, West Cairo

• Thursday, 18th May 2017
• by Nayrouz Talaat

Egypt-based real estate company Sixth of October Development and Investment Company (SODIC) plans to buy new land plots worth EGP 600 mn in north and west Cairo, Invest-Gate reports.

Egypt, Kuwait Ink KWD 12.5-mn loan For Al-Arish Infrastructure

• Wednesday, 17th May 2017
• by Nayrouz Talaat

Egypt and the Kuwait Fund for Arab Economic Development (KFAED) sign a KWD 12.5-mn loan agreement to finance water access project in Al-Arish, North Sinai, Invest-Gate reports.

Egypt Sells 39 Land Plots for Developmental Projects in Sinai

• Wednesday, 17th May 2017
• by Fatma Khaled

Approximately 39 land plots spanning an area of 747 feddans have been sold at a total cost of EGP 51.3 mn through public lottery, Egynews reports.