News / Egypt

Egypt’s Commercial Property to See Higher Demand in 2017

The float of the EGP has lured foreign investments back to the economy as capital inflow ups demand for commercial real estate with investors seeking income-producing assets, according to a BMI research report.

Misr Italia to Offer 5% Discount on Mousa Coast Units During Ramadan

Egyptian real estate developer Misr Italia is offering a 5% discount on its units in Mousa Coast during the holy fasting month of Ramadan, Invest-Gate reports.

NBE Offers EGP 200 mn Funding to Social Housing Project

The National Bank of Egypt (NBE) will donate EGP 200 mn to finance the construction of “Ahalina” social housing project, Invest-Gate reports.

Saudi Egyptian Co. Wins 2 Plots in New Cairo  

The Egyptian government agrees to allocate two land plots to real estate developer Saudi Egyptian Company for Development and Investments, Invest-Gate reports.

Over 90% of State Lands Retrieved in Cairo

The Egyptian government retrieves 90.8% of looted state lands as part of its crackdown on the illegitimate seizure of land plots, Invest-Gate reports.

Egypt, EU Conclude EUR 1.4 mn Program to Improve Performance of Quality Infrastructure

Egypt and the European Union are concluding a EUR 1.4 mn program aimed at supporting and strengthening the performance of the Egyptian Quality Infrastructure within the national reform priorities so that it is aligned with European and international best practices for building capability, Invest-Gate reports.

The Big 5 Construct Egypt to Convene in Cairo

Professionals, decision-makers and exhibitors from the global construction sector will gather in Cairo in September, 2018 to explore business opportunities within the country’s rapidly growing market at the launch of The Big 5 Construct Egypt exhibition, Invest-Gate reports.

CBE Launches Initiative Worth EGP 30 bn to Support Micro Enterprises

The Central Bank of Egypt (CBE) launches an initiative worth EGP 30 bn to fund micro enterprises, Invest-Gate reports.

Tatweer Misr Holds Roundtable on Entrepreneurship

Egypt's real estate developer Tatweer Misr held on May 24 a roundtable on entrepreneurship and creativity, Invest-Gate reports.

Gov’t Successfully Finalizes EGP 8.5 bn Water Projects

The government successfully finalizes carrying out EGP 8.5 bn water projects which were halted three year ago, especially in New Cairo, 10th of Ramadan City and 6th of October City, Invest-Gate reports.

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