Orascom Board Nominates Non-Executive Director

• Thursday, 18th May 2017
• by Menna A. Farouk

Egypt-based construction company Orascom Construction Limited announces that its board has nominated Mustafa Abdel-Wadood for the position of non-Executive Director, Invest-Gate reports.

Belarus Delegation Due in Cairo Soon to Scout Investment Opportunities in New Administrative Capital

• Thursday, 18th May 2017
• by Fatma Khaled

A Belarus delegation is expected to visit Egypt soon in order to scout investment opportunities in the New Administrative Capital, Invest-Gate reports.

Egypt to Establish Solar Power Station, Factory for Producing Solar Panels from Silica Sand

• Thursday, 18th May 2017
• by Fatma Khaled

The government is planning to establish a solar power station and factory to produce solar panels from silica sand, Invest-Gate reports.

US Companies Willing to Invest in Egypt’s Transportation Sector

• Thursday, 18th May 2017
• by Fatma Khaled

US companies are willing to invest in Egypt’s transportation sector through developing railways, Invest-Gate reports.

SODIC Seeks to Buy Land Plots in North, West Cairo

• Thursday, 18th May 2017
• by Nayrouz Talaat

Egypt-based real estate company Sixth of October Development and Investment Company (SODIC) plans to buy new land plots worth EGP 600 mn in north and west Cairo, Invest-Gate reports.

Egypt, Kuwait Ink KWD 12.5-mn loan For Al-Arish Infrastructure

• Wednesday, 17th May 2017
• by Nayrouz Talaat

Egypt and the Kuwait Fund for Arab Economic Development (KFAED) sign a KWD 12.5-mn loan agreement to finance water access project in Al-Arish, North Sinai, Invest-Gate reports.

Egypt Sells 39 Land Plots for Developmental Projects in Sinai

• Wednesday, 17th May 2017
• by Fatma Khaled

Approximately 39 land plots spanning an area of 747 feddans have been sold at a total cost of EGP 51.3 mn through public lottery, Egynews reports.

SODIC’s Net Profit Rises 287.8 % y-o-y

• Wednesday, 17th May 2017
• by Nayrouz Talaat

Sixth of October for Development and Investment’s (SODIC) consolidated net profit for the first quarter of 2017 rises by 287.8% to EGP 211.9 mn, versus EGP 54.6 mn for the same period a year earlier, Invest-Gate reports.

Government to Protect State Land Plots from Violations

• Wednesday, 17th May 2017
• by Fatma Khaled

The government pledges to protect land plots in governorates across the country from encroachments, holding violators accountable, Invest-Gate reports.

Hyde Park Developments Unveils Park Corner Phase II and Plans in the North Coast

• Tuesday, 16th May 2017
• by Nayrouz Talaat

Egypt’s real estate developer, Hyde Park Developments (HPD), showcases their newest real estate projects during the “Egypt Property Show” (EPS) held from May 5 to 7 at the Dubai World Trade Center, Invest-Gate reports.