News / Egypt

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.

TMG Holding Purchases 500 feddans in New Administrative Capital

Egyptian real estate developer Talaat Moustafa Group Holding (TMG Holding) is purchasing 500 feddans for development in the country’s New Administrative Capital, Invest-Gate reports.

Egypt to Build New Power Plant in New Administrative Capital

Egypt’s cabinet is approving the establishment of a new power plant in the New Administrative Capital spanning an area of 744,000 square metres, Invest-Gate reports.

The Long-Awaited Investment Law No.8 Finally Approved

Following months of preparation, the Egyptian Parliament has finally approved the long-awaited Investment Law No.8 of 2016 and to be declared by President Abdel-Fattah El-Sisi soon, Invest-Gate reports.

Switzerland to Pump Investments Worth CHF 86 mn in Egypt

Switzerland plans to pump investments in Egypt worth CHF 86 million as part of a strategic plan that will operate between 2017 to 2020, Egynews reports.

HHD to Renovate Merryland Garden in Cairo

Heliopolis for Housing & Development (HHD) will be renovating and developing one of the renowned gardens in the capital, Merryland Garden, in efforts to preserve heritage, Invest-Gate reports.

Egypt Property Show Hosts Several Egyptian Developments in Dubai

Several major real estate projects have been showcased in Egypt Property Show that is organized by state-owned Al Ahram newspaper, Invest-Gate reports.

Administrative Capital to Feature First High-End Residential Compound

A high-end compound, entitled Midtown, will be constructed in the New Administrative Capital, Invest-Gate reports.

Marsa Marsa Alam for Development Tourism Q1 losses narrow

The Egyptian joint stock company Marsa Marsa Alam for Development Tourism  posts a net loss of EGP 617,633 during the first quarter of 2017, compared to a loss of EGP 6.2 mn a year ago, Invest-Gate reports.

ARDIC Pumps EGP2.1 bn in Zizinia el Mostakbal

ARDIC for Real Estate Development and Investments pumps total investment of EGP 2.1 bn in the Zizinia el-Mostakbal real estate project, Invest-Gate reports.

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