News / Egypt

EBRD Willing to Fund Sokhna-Alamein Railway Project

The European Bank for Reconstruction and Development (EBRD) is willing to fund the establishment of a railway line connecting Ain Sokhna, New City, 6th of October City and Alamein, Invest-Gate reports.

Egyptians Make Up Majority of Second Home Market

Egyptians are taking up the lion’s share of the country’s second home market with foreign investors only accounting for 2%, Invest-Gate reports.

New Land Offerings to Take Place in Sheikh Zayed City

New developments will take place in Sheikh Zayed city, on the outskirts of Cairo in preparation for new land offerings to investors and construction of housing projects, Invest-Gate reports.

Suez Canal Records 4.1% Increase in Revenues

The Suez Canal records revenues of USD 853.7 mn in March and April, up by 4.1% compared to USD 820.4 mn in the same period last year, Invest-Gate reports.

Egypt Moves Ahead with New E-system to Manage Airports, Seaports

The Egyptian government is moving ahead with a new electronic system that will help manage airports and seaports in the country and further engage Egypt in the global trade market, Invest-Gate reports.

Gov’t Allocates New Industrial Land Plots for Investors in Sohag

The government has allocated new industrial land plots for investors in the southern city of Sohag as part of efforts aiming to boost development in Upper Egypt, Invest-Gate reports.

Several Developments in SCZone to be Finalized by June

Several industrial zones and developments are expected to be finalized by June 30 in the Suez Canal Economic Zone (SCZone), Invest-Gate reports.

Misr Italia to Offer Waterfront Chalets with Feasible Payment Plans in Mousa Coast

Egypt’s real estate developer Misr Italia is offering waterfront chalets in Mousa Coast with feasible payment methods, Invest-Gate reports.

New Land Plots to be Offered for Housing Projects in Five New Cities

The Ministry of Housing will offer land plots next Sunday for development in 6th of October City, Badr City, Sadat City, New Beni Sueif City and New Qena City, Invest-Gate reports.

Residential, Industrial Project to be Launched in Marsa Matrouh Governorate

Egypt plans to develop the coastal governorates by established a new project called Jarjob City and Port in Marsa Matrouh governorate, Invest-Gate reports.

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