Majid Al Futtaim Seeks to Rely on Renewable Energy in 7.5% of Power Consumption

• Monday, 24th April 2017
• by Nayrouz Talaat

Emirati leading shopping mall, communities, retail and leisure pioneer Majid Al Futtaim is aiming to rely on renewable energy sources in 7.5% of its electricity consumption, Invest-Gate reports.

Talaat Mostafa Purchases Land for Development at New Capital

• Monday, 24th April 2017
• by Nayrouz Talaat

Talaat Mostafa, Egypt's largest listed real estate developer, has purchased 500 feddans (acres) for development in the country's New Administrative Capital, Invest-Gate reports.

Egypt, Saudi Arabia Seek to Establish 8 Real Estate Projects in North Coast, Red Sea

• Monday, 24th April 2017
• by Nayrouz Talaat

The Saudi-Egyptian Business Council is mulling the establishment of eight real estate development projects in the North Coast and the Red Sea resort towns of Sharm El-Sheikh and Hurghada as President Abdel Fattah El Sisi is on an official visit to the Kingdom, Invest-Gate reports.

Facilities Projects, Service Buildings Underway at New Cities

• Thursday, 20th April 2017
• by Leena ElDeeb

Facilities projects are underway in New Minya and service buildings are to be constructed in 6th of October City and New Damietta, Invest-Gate reports.

Production At Iowa Fertilizer Company Starts, USA

• Thursday, 20th April 2017
• by Leena ElDeeb

Egyptian construction company Orascom is announcing that production and sales at its construction project Iowa Fertilizer Company is starting, the first world-scale greenfield nitrogen fertilizer plant to be built in the USA in more than 25 years, Invest-Gate reports.

1,741 Newly-Established Local Companies in March – Report

• Thursday, 20th April 2017
• by Nayrouz Talaat

The General Authority for Investment (GAFI) says that 1,741 new companies were established last month with total investments worth EGP 3.6 bn, Invest-Gate reports.

Nasr: China to Be Egypt’s Tenth Largest Foreign Investor

• Thursday, 20th April 2017
• by Nayrouz Talaat

Egypt hopes that China will be the country’s 10th largest foreign investor in the coming years, Invest-Gate reports.

Al Ahly for Real Estate Development Targets EGP 4 bn Contractual Sales

• Thursday, 20th April 2017
• by Nayrouz Talaat

Egypt’s Al Ahly for Real Estate Development Company Chairman Hussein Sabbour says that his company is targeting contractual sales of EGP 4 bn (USD 220.3 mn) in its different projects during 2017, Invest-Gate reports.

Egypt to Develop Transport Links to New Administrative Capital

• Thursday, 20th April 2017
• by Fatma Khaled

A new infrastructure project will be built to link the New Administrative Capital with the national railway network, Invest-Gate reports.

Aboul Fotouh Group to Launch Major Real Estate Project on Alexandria Road

• Thursday, 20th April 2017
• by Fatma Khaled

Aboul Fotouh Group, a prominent real estate developer and automotive oriented company, will launch a fully-integrated community on Cairo-Alexandria Road, Invest-Gate reports.