News / Egypt

Egypt to Enhance Notary Offices Nationwide

The Ministry of Justice is to partner with the Ministry of Communication and Information Technology to implement technological centers across the country as part of Egypt’s National Projects, Invest-Gate reports.

Cairo to Remove City-wide Violations

The Cairo governorate is clamping down on unlicensed coffeeshops located in Nasr City, Masr El Gedida, and Nozha for misusing units sold for residential purposes, Invest-Gate reports.

Social Housing Units, Schools, and Hospital Underway, New Qena

A total of 6,068 residential units are under construction in the New Qena social housing project, Invest-Gate reports.

AfDB Grants Egypt EGP 10 mn for Social Housing

Minister of International Cooperation Sahar Nasr and Resident Representative of the African Development Bank (AfDB) Leila Mokaddem signed an EGP 10 mn granton February 12 to finance the Slums Development Fund, Invest-Gate reports.

BATIMAT Arrives at Egypt, March 9

The Arabian-German for Exhibition and Publishing, along with Engineering Consultants Group, will hold BATIMAT Egypt 2017 from March 9 to 11 at the Cairo International Convention Center, Invest-Gate reports.

Administrative Capital Sells 74 Land Tenders

The Administrative Capital Company began offering terms and conditions of land tenders to real estate developers at their New Cairo office on February 12, EgyNews reports.

Electric Grids Undersea to Connect Egypt, Greece and Cyprus

EuroAfrica Interconnector project is to build an undersea electric cable aiming to link the electricity grids of Egypt, Cyprus, and Greece with the rest of Europe at a cost of EUR 3.5bn, AP reports.

EBRD Releases Its First Country Strategy For Egypt

The European Bank for Reconstruction and Development (EBRD) released its first country strategy after taking the Board of Directors’ approval on February 8, Invest-Gate reports.

SODIC to Pump Capital For Employee Incentive Program

Sixth of October Development and Investment Company (SODIC) is looking to increase its issued and paid-in capital by EGP 13.56 mn to EGP 1.37 bn to finance its employee incentive and bonus schemes, Borsa News reports.

Investors Request to Build 45 Factories in Luxor

A number of investors have applied for the establishment of 45 factories in Al-Boghdady industrial zone in Luxor, MENA reports.

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