Madbouly Withdraws Construction Tender of Sheikh Zayed’s Central Park from Contracting Firm

• Monday, 1st May 2017
• by Fatma Khaled

Minister of Housing Mostafa Madbouly is withdrawing the construction tender of a central park in Sheikh Zayed from a contracting company, Invest-Gate reports.

Egypt Inaugurates Juhaina West on April 29

• Monday, 1st May 2017
• by Leena ElDeeb

The government is to inaugurate Juhaina West village on April 29 as part of a joint initiative aimed at reconstructing the neediest villages, Invest-Gate reports.

Gov’t Opens Water Plant in New Cairo After 10 Years of Construction Works

• Monday, 1st May 2017
• by Leena ElDeeb

The government opens a new water station in New Cairo after 10 years of construction works, Invest-Gate reports.

Cairo Forms Committee To Improve Efficiency Of Environmental Monitoring Units In Neighborhoods

• Monday, 1st May 2017
• by Leena ElDeeb

The Cairo governorate is forming a committee to start activating the role of environmental monitoring units in neighborhoods and to study the problems they face, exempting them from perfectly carrying out their duties, Invest-Gate reports.

Gov’t Opens Integrated Lab For Quality Assurance in New Aswan

• Sunday, 30th April 2017
• by Leena ElDeeb

The government is opening a new integrated laboratory to test and monitor the quality of roads in New Aswan city, Upper Egypt, Invest-Gate reports.

New Cement Plant Established in Sohag

• Sunday, 30th April 2017
• by Nayrouz Talaat

The Egyptian Steel and Cement Company will build a new cement plant worth EGP 6 bn in the Upper Egyptian governorate of Sohag, Invest-Gate reports.

IMF delegation visits Cairo to Review Reform Program

• Sunday, 30th April 2017
• by Nayrouz Talaat

An IMF delegation is now visiting Cairo to review the recent updates on the country’s economic  reform program as a preparation for providing the country with the second tranche of a USD 1.25-bn loan, Invest-Gate reports.

Swiss-Belhotel Signs Agreement with Marseilia to Manage New Hotel

• Friday, 28th April 2017
• by Nayrouz Talaat

The global hotel management company Swiss-Belhotel International has signed an agreement with Marseilia Egyptian Gulf Real Estate Investment to operate a new hotel in Sidi Abd El Rahman Bay on the north coast of Egypt, Invest-Gate reports.

Emaar Misr’s Profits Up by 72% y-o-y in Q1

• Thursday, 27th April 2017
• by Yasmin El-Beih

Leading real estate developer Emaar Misr for Development posts 72% y-o-y increase in profits during Q1 of 2017, Invest-Gate reports.

Prime Minister: New Investment Law to be Issued in May

• Thursday, 27th April 2017
• by Yasmin El-Beih

A new investment law is expected to be issued in May as part of the country’s basket of economic reforms, Egynews reports.