News / Egypt

Egypt, China Sign USD 71 mn Deals to Launch Egypt Sat II, Training Center in SCZ

Egypt and China sign deals worth USD 71 mn to finance the second phase of establishing Egypt Sat II project and setting up a vocational training center in the Suez Canal Economic Zone, Invest-Gate reports.

Residential Supply in Cairo’s Outskirts Grows by 13%, Says OLX Report

Residential supply in the outskirts of Cairo and Giza has grown from 113,000 to 126,000 units, an increase of 13% in 2015 and 2016, an OLX Properties Egypt report says.

Hyde Park Launches Second Phase of Park Corner

Egyptian real estate developer Hyde Park Properties for Development (HPD) launches the second phase of Park Corner that offers several types of homes in New Cairo at an eight-year payment term, Invest-Gate reports.

WB funds USD 500 mn development program, Upper Egypt

The World Bank funds a USD 500 mn developmental project in Upper Egypt to improve the living standards in the southern governorates of Sohag and Qena, Invest-Gate reports.

Egypt and Lebanon Sign 15 Deals To Bolster Economic Ties

Egypt and Lebanon sign 15 protocols of cooperation during the 8th session of the Egyptian-Lebanese Joint Higher Committee, which kick-starts on March 20, Invest-Gate reports.

Egypt Pumps EGP 1 bn New Investments, South Sinai

The government is to invest in various developmental and service projects worth EGP 1 bn in South Sinai, Invest-Gate reports.

Ezz Steel eyes exports of USD 500-700 mn in 2017

Ezz Steel, a leading steel producer in the Middle East, is eyeing exports ranging between USD 500 mn and USD 700 mn in 2017, Invest-Gate reports.

Govt To Use Nanotechnology In Construction

The government is revealing plans to use nanotechnology in construction as part of efforts aimed at supporting sustainable architecture, Invest-Gate reports.

Tatweer Misr Launches Il Monte Galala Homes with Flexible Payment Terms

Egyptian leading real estate developer Tatweer Misr is launching fully-furnished homes overlooking the sea at Il Monte Galala in Ain El Sokhna, east of Cairo, Invest-Gate reports.

Egypt Seeks Better Property Registration Ranking, Enforcement of Contracts

Egypt is seeking to improve its ranking on the World Bank’s “Doing Business Report”, especially regarding the registration of properties and the enforcement of contracts, Invest-Gate reports.

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