News / Egypt

Ghasan Holding Group to Invest in Egypt’s Housing, Tourism Projects

Saudi Investor and owner of Ghasan Holding Group,  Ghasan bn Abdallah bn Ali El-Nemr, is aiming to pump more investments in housing and tourist projects in Egypt, Invest-Gate reports.

Gov’t Invests EGP 105 bn in Housing Projects

The government has invested EGP 105 bn in housing, infrastructure projects, and the New Administrative Capital since Minister Madbouli took office on June 30 2016, Invest-Gate reports.

Egypt Property Show Kicks Off Global Roadshow in Dubai

Egypt Property Show (EPS), the first Egyptian real estate global roadshow featuring premium development from Egypt’s top developers, will kick off in Dubai from May 5 to 7 at the Dubai World Trade Centre, Invest-Gate reports.

South Africa’s Tana Africa Capital to Expand Businesses in Egypt

South Africa’s investment company Tana Africa Capital expresses willingness to pump more investments into Egypt and expand their business in the country, Invest-Gate reports.

China’s Hutchison Ports to Pump More Investments into Egypt’s Maritime Transport Projects

China's private holding company, Hutchison Ports, is willing to pump more investments into Egypt's maritime transport projects, multi-purpose stations and logistics centers, Invest-Gate reports.

Gov’t to Develop 14 Low-Cost Buildings in Beni Sueif, Complete Two Sewage Stations

The government plans to develop and upgrade 14 low-cost buildings as well as complete the establishment of two sewage lifting stations in New Beni Sueif governorate, southern Egypt, Invest-Gate reports.

33 Water Projects worth EGP 3 bn To Be Completed in Cairo, Alex.

A total of 33 drinking water and sanitation projects worth EGP 3.073 bn will be completed in Greater Cairo and Alexandria by June 30, Invest-Gate reports.

Euro-Med. Initiative Offers USD 23 bn to Egypt’s Private Sector

The Euro-Mediterranean initiative for financing small and medium-sized enterprises is offering loans, grants, and technical assistance worth USD  23 bn to Egypt’s private sector, Invest-Gate reports.

ODH Posts Gross Profit Of CHF 11.3 mn, Net Loss Of CHF 196.4 mn, 2016

Orascom Development Holding (ODH) posts gross profit of CHF 11.3 mn and net loss of CHF 196.4 mn in 2016 compared to a gross profit of CHF 71.1 mn and a net loss of CHF 19.1 mn a year earlier, Invest-Gate reports.  

Increase in Traffic on OLX Properties from Egyptian Expats After EGP Float

Egyptian expats in Saudi Arabia have the highest online demand on OLX Properties, accounting for 56 per cent of overall traffic, especially after the Egyptian government floated the EGP last November, Invest-Gate reports.

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