Egypt Eyes Investments worth USD 15 bn from AIIB in Five Years

• Monday, 15th May 2017
• by Nayrouz Talaat

Egypt is eying investments worth USD 15 bn from the Asian Infrastructure Investment Bank (AIIB) to fund infrastructure projects in the coming five years, Invest-Gate reports.

Egypt Eyes Production of 84 mn Tons of Cement by 2020

• Thursday, 11th May 2017
• by Nayrouz Talaat

Egypt is eyeing the production of 84 mn tons of cement annually starting from 2020, Invest-Gate reports.

OLX Launches Storia New Section to Focus on Top 9 Premium Locations in Egypt

• Thursday, 11th May 2017
• by Nayrouz Talaat

Global online marketplace OLX announces the official launch of a new premium property section “Storia” as a platform to list properties in premium areas in Egypt, Invest-Gate reports.

EBRD Willing to Fund Sokhna-Alamein Railway Project

• Thursday, 11th May 2017
• by Nayrouz Talaat

The European Bank for Reconstruction and Development (EBRD) is willing to fund the establishment of a railway line connecting Ain Sokhna, New City, 6th of October City and Alamein, Invest-Gate reports.

Egyptians Make Up Majority of Second Home Market

• Thursday, 11th May 2017
• by Fatma Khaled

Egyptians are taking up the lion’s share of the country’s second home market with foreign investors only accounting for 2%, Invest-Gate reports.

New Land Offerings to Take Place in Sheikh Zayed City

• Thursday, 11th May 2017
• by Fatma Khaled

New developments will take place in Sheikh Zayed city, on the outskirts of Cairo in preparation for new land offerings to investors and construction of housing projects, Invest-Gate reports.

Suez Canal Records 4.1% Increase in Revenues

• Thursday, 11th May 2017
• by Fatma Khaled

The Suez Canal records revenues of USD 853.7 mn in March and April, up by 4.1% compared to USD 820.4 mn in the same period last year, Invest-Gate reports.

Egypt Moves Ahead with New E-system to Manage Airports, Seaports

• Wednesday, 10th May 2017
• by Nayrouz Talaat

The Egyptian government is moving ahead with a new electronic system that will help manage airports and seaports in the country and further engage Egypt in the global trade market, Invest-Gate reports.

Gov’t Allocates New Industrial Land Plots for Investors in Sohag

• Wednesday, 10th May 2017
• by Nayrouz Talaat

The government has allocated new industrial land plots for investors in the southern city of Sohag as part of efforts aiming to boost development in Upper Egypt, Invest-Gate reports.

Several Developments in SCZone to be Finalized by June

• Wednesday, 10th May 2017
• by Fatma Khaled

Several industrial zones and developments are expected to be finalized by June 30 in the Suez Canal Economic Zone (SCZone), Invest-Gate reports.