News / Egypt

Investments in 6th of October City Total EGP 33.3 bn

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

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

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

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

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

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

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

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

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

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

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

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