News / Egypt

Egypt Builders 2017: Challenges Continue to Rise in Construction Sector

Invest-Gate provides special coverage of Egypt Builders 2017 a.k.a Bonat Misr, a-three-day conference and exhibition, gathering public and private contractors along with officials held in Cairo from March 13 to March 15. News Coverage is provided by Invest-Gate business reporter Fatma Khaled.

Debate Heats Up On Draft Law Of Old Rental System

A draft law on Egypt's old rental system is stirring heated debate among the country’s tenants and experts, Invest-Gate reports.

Prince Waleed: Charity Project Finalizes Establishment of 1,000 Housing Units For Poor Egyptian Families

Saudi businessman and investor Waleed bin Talal announces the completion of his charitable project Sotra (Shelter), including 1,000 out of 10,000 housing units, which will be offered soon to needy Egyptian families, Invest-Gate reports.

Applicants for Beit El-Watan Housing Project Receive Land Plots Sunday

Minister of Housing Mostafa Madbouly announces that applicants for a national housing project located in New Cairo are to receive their land plots on Sunday, Invest-Gate reports

GCC Investments To Create Over 250,000 Jobs

The New Urban Communities Authority has released 50 ministerial decrees for investment projects in the past four months, which include Emirati and Saudi projects, providing over 250,000 job opportunities, Invest-Gate reports.

Gov’t Seeking to Boost Industrial Investments in 13 Cities

The government is planning to allocate a land plot spanning an area of 15 mn square metres for industrial purposes in 13 governorates this year with the aim of boosting the industrial sector, Invest-Gate reports.

SODIC Reports Net Profit of EGP 429 mn in 2016

Egypt's leading real estate developer SODIC reported a net profit after tax of EGP 429 mn, up by 38% y-o-y for the full year ending on December 2016 compared to a year earlier, according to a report sent to Invest-Gate.

ARCO Egypt to Launch Phase I of Lavande

Egypt’s leading real estate company ARCO launched the first phase of its project Lavande, a high-end residential complex located in 6th of October City

EBRD, EU Launch 500 SMEs in Egypt

The European Union (EU) and the European Bank for Reconstruction and Development (EBRD) announce the completion of the establishment of 500 small- and medium-sized enterprises (SMEs) in Egypt

Giza prepares Blueprints to Launch major Project

The government is drawing up detailed blueprints of the Giza neighborhoods in preparation for launching a major developmental project

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