Memaar Al Morshedy Offers Feasible Payment Terms at Degla Landmark

• Thursday, 23rd March 2017
• by Fatma Khaled

Egyptian real estate developer Memaar Al Morshedy offers feasible payment terms for its latest residential and commercial project Degla Landmark in Nasr City, Invest-Gate reports. The payment terms include a six-year installment plan.

Gov’t Pledges Alternative Housing Units for Maspero Residents

• Thursday, 23rd March 2017
• by Leena ElDeeb

The government has pledged to provide alternative housing units for residents of the Maspero area, west of Cairo, announcing that it will receive their requests as of March 25, Invest-Gate reports.

Egypt Negotiates Third Tranche of WB Loan

• Thursday, 23rd March 2017
• by Nayrouz Talaat

Egypt is in talks with the World Bank (WB) for a third and final USD 1 bn tranche of the bank’s total USD 3 bn loan aiming to support the government's economic reform program, Invest-Gate reports.

Oryx Industries Pumps Investments worth USD 76 mn into GCC, North Africa, 2020

• Wednesday, 22nd March 2017
• by Leena ElDeeb

Oryx Industries, a UAE-based building materials manufacturer, is to pump investments worth AED 280 mn into the Arab Gulf and North Africa regions until 2020, Invest-Gate reports.  

Egypt Tops World’s Fastest Growing Mortgage Markets

• Wednesday, 22nd March 2017
• by Fatma Khaled

Egypt tops the world’s fastest growing mortgage markets and anticipates an expansion of 18.9% in mortgaged homes in 2017, Invest-Gate reports.

Huawei to Establish Fiber Optics Manufacturing Plant in Egypt

• Wednesday, 22nd March 2017
• by Nayrouz Talaat

China’s telecom giant Huawei is planning to establish a fiber optics manufacturing plant in Egypt to turn the country into a hub for assembling the company’s products and exporting them to global markets, Invest-Gate reports.

Land Plots, Residential Units To Be Offered For Expats, April

• Wednesday, 22nd March 2017
• by Leena ElDeeb

The Ministry of Housing will offer land plots in nine new cities and residential units at Madinaty, Rehab, and the Dar Misr project for Egyptian expats next month, Invest-Gate reports.

Egypt Eyes Economic Growth Rate of 5.5-6%

• Wednesday, 22nd March 2017
• by Fatma Khaled

The government is eyeing an economic growth rate of 5.5-6% in the coming years with its current economic policies and reform program, Invest-Gate reports.

EGYGAB Developments Launches Third Phase of Granda I, Shorouk City

• Wednesday, 22nd March 2017
• by Nayrouz Talaat

EGYGAB Developments, a subsidiary of Egyptian real estate developer EGYGAB Holding, launches the third phase of Granda 1, its most recent residential development in Al-Shorouk City on the outskirts of Cairo, Invest-Gate reports.

Egypt Receives Second Tranche of WB Loan

• Tuesday, 21st March 2017
• by Leena ElDeeb

The World Bank (WB) is disbursing Egypt USD 1 bn in financial assistance as a second tranche of its USD 3 bn loan program with the country, Invest-Gate reports.