News / Egypt

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

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

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

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

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

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

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

Over 200,000 Homes completed nationwide over past two years

Approximately 212,000 residential units have been completed and 288,000 more units are currently under construction alongside a plan for an additional 100,000 units, Invest-Gate reports.

Saudi Fund for Development Pledges Resumption of Infrastructure Projects in Egypt

The Saudi Fund for Development (SFD) is pledging full commitment to resuming its infrastructure projects in Egypt, Invest-Gate reports.

Arab Tourism Contributes by 36.3% to Egypt’s Tourism Industry

Arab tourism to Egypt accounts for 36.3% of the country’s tourism industry, Invest-Gate reports.

Gov’t to Build 10 New Commercial Markets in New Sohag City

The government is due to build 10 new commercial markets in New Sohag City, Southern Egypt as part of the the government-run residential project Dar Misr for middle-income citizens, Invest-Gate reports.

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