News / Egypt

The Long-Awaited Investment Law No.8 Finally Approved

Following months of preparation, the Egyptian Parliament has finally approved the long-awaited Investment Law No.8 of 2016 and to be declared by President Abdel-Fattah El-Sisi soon, Invest-Gate reports.

Switzerland to Pump Investments Worth CHF 86 mn in Egypt

Switzerland plans to pump investments in Egypt worth CHF 86 million as part of a strategic plan that will operate between 2017 to 2020, Egynews reports.

HHD to Renovate Merryland Garden in Cairo

Heliopolis for Housing & Development (HHD) will be renovating and developing one of the renowned gardens in the capital, Merryland Garden, in efforts to preserve heritage, Invest-Gate reports.

Egypt Property Show Hosts Several Egyptian Developments in Dubai

Several major real estate projects have been showcased in Egypt Property Show that is organized by state-owned Al Ahram newspaper, Invest-Gate reports.

Administrative Capital to Feature First High-End Residential Compound

A high-end compound, entitled Midtown, will be constructed in the New Administrative Capital, Invest-Gate reports.

Marsa Marsa Alam for Development Tourism Q1 losses narrow

The Egyptian joint stock company Marsa Marsa Alam for Development Tourism  posts a net loss of EGP 617,633 during the first quarter of 2017, compared to a loss of EGP 6.2 mn a year ago, Invest-Gate reports.

ARDIC Pumps EGP2.1 bn in Zizinia el Mostakbal

ARDIC for Real Estate Development and Investments pumps total investment of EGP 2.1 bn in the Zizinia el-Mostakbal real estate project, Invest-Gate reports.

Egypt to Offer 44 Investment Opportunities in New Cities

Egypt will offer 44 investment opportunities in the country’s new cities, with areas ranging from 30 to 500 feddans, Invest-Gate reports.

Egypt Records Growth of 3.9% in Q3 of FY2016-2017

Egypt achieves a growth rate of 3.9% in Q3 of FY2016-2017 compared to 3.6% achieved during the same period last year, Invest-Gate reports.

Egypt Allocates Lands to Farmers, Investors in NECD Project

Several lands will be allocated and dedicated to farmers and investors in Toshka, Farafra and El Maghara areas as part of the New Egyptian Countryside Development (NECD) project, Invest-Gate reports.

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