News / Egypt

Egyptian Iron & Steel Records EGP 1.11 bn Sales in 11 Months

Egyptian Iron and Steel registered lower sales in the first eleven months of FY2016-17 compared to the prior-year period, Invest-Gate reports.

New Giza for Real Estate Development Unveils Goldcliff Phase I

New Giza for Real Estate Development Company is launching the first phase of a new residential project in New Giza, Egypt, Invest-Gate reports.

Gov’t to Offer 17,000 Units in New Administrative Capital Next Month

The government plans to offer 17,000 units in the New Administrative Capital next month, Invest-Gate reports.

Gov’t to Allocate 24,024 Plots in Various Areas

The Ministry of Housing is to hold a lottery for a number of land plots, Invest-Gate reports.

‘Sakan Misr’ Housing Units to Be Offered Soon

The New Urban Communities Authority (NUCA) announces that conditions for buying residential units in the new housing project ''Sakan Misr" will be released during upcoming days, Invest-Gate reports.

Finance Ministry: Monthly Inflation Rate to Stabilize in 4 Months

Egypt expects the monthly inflation rate to stabilize within four months at between 1-1.25%, Minister of Finance Amr El-Garhy says.

Memaar Al Morshedy Uncovers Degla Landmark

Egyptian property developer, Memaar Al Morshedy, unveils a new project in Nasr City, Invest-Gate reports.

Gov’t to Allocate EGP 32.3 bn for Upper Egypt in FY2017-18

The government plans to pump new investments in Upper Egypt, Invest-Gate reports.

Egypt’s Havana Real Estate Markets 60% of Havana Hills Project

Cairo-based Havana Real Estate Developments Company says it has marketed around 60% of its Havana Hills project in 6th of October City, Reuters reports.

Marseilia Egyptian Gulf Real Estate Investment Quarterly Profit Falls

The Marseilia Egyptian Gulf Real Estate Investment quarterly net profit after tax accounts for EGP 3.7 mn versus EGP 26 mn one year ago, Invest-Gate reports.

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