Emaar Misr Launches Fountainside Residence in Uptown Cairo

• Tuesday, 30th May 2017
• by Nayrouz Talaat

Emaar Misr announces the launch of the first phase of Fountainside Residence in Uptown Cairo on May 24, Invest-Gate reports.

Germany Plans to Inject Investments Worth EUR 360 mn in Egypt’s Projects

• Tuesday, 30th May 2017
• by Fatma Khaled

Germany is planning to inject investments worth EUR 360 mn in several projects in Egypt covering the fields of housing, renewable energy, as well as small- and medium-sized enterprises, Invest-Gate reports.

El-Mamoura Company for Construction to Launch 2 New Projects in Alexandria

• Tuesday, 30th May 2017
• by Menna A. Farouk

El-Mamoura Company for Construction and Tourism Development plans to implement a commercial and residential project spanning an area of 4,000 square meters in Alexandria during the next fiscal year, Invest-Gate reports.

HDB Profits Grow 203% in Q1

• Tuesday, 30th May 2017
• by Menna A. Farouk

Egypt’s Housing and Development Bank (HDB) posts consolidated profits of EGP 556.8 mn in Q1 of 2017, up 203% y-o-y from EGP 183.7 mn, Invest-Gate reports.

Finland to Increase Investments in Egypt’s Renewable Energy Projects

• Monday, 29th May 2017
• by Nayrouz Talaat

Finland seeks to increase its investments in Egypt’s renewable energy projects, Invest-Gate reports.

Indian Firm to Increase Investments in Egypt to USD 1.5 bn

• Monday, 29th May 2017
• by Menna A. Farouk

TCI Sanmar, the Egyptian arm of the Indian Sanmar Petrochemicals Group, plans to increase its investments in Egypt to USD 1.5 bn, Invest-Gate reports.

GAFI Establishes Investment Zone in Damietta City for Furniture

• Monday, 29th May 2017
• by Nayrouz Talaat

A new investment zone spanning an area of 331 feddans is to be established in the New Damietta City for furniture, Invest-Gate reports.

HHD Allocates EGP 50 mn to Develop Land Plot in New Cairo

• Monday, 29th May 2017
• by Menna A. Farouk

Egypt’s Heliopolis for Housing and Development (HHD) is allocating EGP 50 mn from its investment budget for FY2017-18 to provide its land plot in New Cairo with basic facilities, Invest-Gate reports.

MFF, Contact Ink EGP 250 mn Cooperation Protocol

• Monday, 29th May 2017
• by Menna A. Farouk

The Mortgage Finance Fund (MFF) signs a cooperation protocol worth EGP 250 mn with Egypt’s real estate finance agency, Contact, to finance low-income applicants for social housing units, Invest-Gate reports.

EBRD to Upgrade Sewage Water System in Fayyoum for EUR 186 mn

• Sunday, 28th May 2017
• by Nayrouz Talaat

Egypt and the European Bank for Reconstruction and Development (EBRD) have signed, today, a- EUR 186-mn- project aimed at upgrading sewage water system in Fayyoum governorate, west of Cairo... Nayrouz Talaat reports for Invest-Gate