News / Egypt

Gov’t Offers Sale of Social Housing Units in USD to Expats

The government is offering the sale of social housing units in USD for Egyptian expats, Invest-Gate reports.

First Phase of I-City Kicks Off in 6th of October

The first phase of the residential project I-City is to be launched in 6th of October City, Invest-Gate reports.

Egypt in Talks With WB for USD 200 mn Loan

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

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

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

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

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

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

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.

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