News / Egypt

Dalia Khorshid meets with Al Futtaim, Lazard and Others

The Minister of Investment Dalia Khorshid met with the Emirati Omar Al Futtaim Group and the CEOs of Lazard, Credit Suisse, and Citybank on January 20, at the World Economic Forum in Davos, Switzerland

More Land Plots on Offer for Investment

The Ministry of Housing, Utilities, and Urban Communities is offering land plots for sale as part of social housing project and the first phase of Dar Misr project, in collaboration with the Ministry of Investment

Nahda Tunnel to be Finalized Soon

Giza Governorate allocates EGP 100 million to commence construction works on Nahda Tunnel, located near Cairo University in Giza, Invest-Gate reports

Several Developments to be tendered, New Cities

Around 10 tenders offered to developer mixed-use projects across several cities, Invest-Gate reports

IMF Predicts Egypt’s Inflation to Fall This Year

The International Monetary Fund IMF predicts Egypt's inflation to drop during the second quarter of 2017, state owned news portal, Ahram Online reported

GAFI to Tender Numerous Land Plots, Red Sea

General Authority for Investment and Free Zones (GAFI) is to offer 10 mn square meters of land in the governorate of the Red Sea for industrial and tourist projects on January 22, AlBorsa News reported

Alhafda Egypt-Kuwait to Invest EGP 1 bn in 2017, Administrative Capital

Alhafda Egypt-Kuwait for Construction and Décor is to invest a sum of EGP 1 bn on residential projects at the Administrative Capital and the new cities in 2017, Al Borsa reports

EWRA Drafts Law For Better Quality Services

A new law is currently being drafted and discussed at Parliament to protect and maintain water regulatory services for citizens across the country, denying rumors of it being privatized, the Egyptian Regulatory Agency announced

El-Sisi Inaugurates The Renovated Islamic Art Museum

President Abdel-Fattah El Sisi inaugurated the Islamic Art Museum on January 18, following the finalization of its renovations in Abdeen

Commercial Units to be Offered at Auction, New Damietta and Badr City

Six stores and a pharmacy, ranging from 15 to 33 square meters will be put up for auction in the average housing market "Dar Egypt,” announced Adel ElDesouqy, head of the Authority for Developing Badr, Ministry of Housing, Utilities, and Urban Development announced

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