Egypt Tops World’s Fastest Growing Mortgage Markets

• Wednesday, 22nd March 2017
• by Fatma Khaled

Egypt tops the world’s fastest growing mortgage markets and anticipates an expansion of 18.9% in mortgaged homes in 2017, Invest-Gate reports.

Huawei to Establish Fiber Optics Manufacturing Plant in Egypt

• Wednesday, 22nd March 2017
• by Nayrouz Talaat

China’s telecom giant Huawei is planning to establish a fiber optics manufacturing plant in Egypt to turn the country into a hub for assembling the company’s products and exporting them to global markets, Invest-Gate reports.

Land Plots, Residential Units To Be Offered For Expats, April

• Wednesday, 22nd March 2017
• by Leena ElDeeb

The Ministry of Housing will offer land plots in nine new cities and residential units at Madinaty, Rehab, and the Dar Misr project for Egyptian expats next month, Invest-Gate reports.

Egypt Eyes Economic Growth Rate of 5.5-6%

• Wednesday, 22nd March 2017
• by Fatma Khaled

The government is eyeing an economic growth rate of 5.5-6% in the coming years with its current economic policies and reform program, Invest-Gate reports.

EGYGAB Developments Launches Third Phase of Granda I, Shorouk City

• Wednesday, 22nd March 2017
• by Nayrouz Talaat

EGYGAB Developments, a subsidiary of Egyptian real estate developer EGYGAB Holding, launches the third phase of Granda 1, its most recent residential development in Al-Shorouk City on the outskirts of Cairo, Invest-Gate reports.

Egypt Receives Second Tranche of WB Loan

• Tuesday, 21st March 2017
• by Leena ElDeeb

The World Bank (WB) is disbursing Egypt USD 1 bn in financial assistance as a second tranche of its USD 3 bn loan program with the country, Invest-Gate reports.

Egypt to Build First Small-sized Industrial Zone in Suez Canal

• Tuesday, 21st March 2017
• by Fatma Khaled

Egypt plans to build the first complex for small-sized enterprises on an area of 60 feddans in the Suez Canal Economic Zone (SCZone), Invest-Gate reports.

US Investors to Turn Administrative Capital Into Smart City

• Tuesday, 21st March 2017
• by Fatma Khaled

Several US tech companies are willing to contribute to turning the New Administrative Capital into a smart city, Invest-Gate reports.

Majid Al Futtaim Plans to Install 600 VOX Cinema Screens Across ME by 2020

• Tuesday, 21st March 2017
• by Nayrouz Talaat

Majid Al Futtaim, a leading retail and leisure pioneer in the Middle East, is allocating AED 1 bn (USD 270 mn) for installing 600 VOX cinema screens across different locations in the Arab and Middle East region by 2020, Invest-Gate reports.

‘Yafa Mac’ Hands Over 700 Units In ‘Emirates Heights’, North Coast

• Monday, 20th March 2017
• by Leena ElDeeb

Yafa Mac Touristic Corporation, the owner of ‘Emirates Heights’ project in the North Coast, is to start handing over 700 units out of a total of 2,500 as part of its project’s first and second phases, Invest-Gate reports.