China’s CFLD Plans to Invest USD 20 bn in Egypt Halted: Officials

Officials in charge of delivering a USD 20 bn development in the New Administrative Capital (NAC) said two years of talks with China Fortune Land Development (CFLD) have halted following financial disagreements be ...

Emaar Kicks Off Business Development Operations in China

Dubai-based property developer Emaar announced on December 11 the launch of its business development operations in China during the Chinese President Xi Jinping's visit to the UAE.

Dubai’s Jumeirah Group Launches Luxury Hotel in China

Dubai-based hospitality company Jumeirah Group announced the launch of its newest top-notch hotel Jumeirah Nanjing in the capital of China’s eastern province of Jiangsu, capturing Nanjing’s blend of traditional an ...

Majid Al Futtaim to Develop Large Indoor Ski Park in China

UAE-based retail giant Majid Al Futtaim will be providing design and development consultancy services to construct the world’s largest indoor snow and ski resort in China

Sisi Signs USD 18.3 bn Agreements With Chinese Investors

President Abdel-Fattah El-Sisi has met a delegation of Chinese businessmen including owners of major companies on Sunday, September 3

Steel Rebar Prices Up in Egypt on Import Tariffs

 Steel rebars used in construction increase by approximately 17% in Egypt after temporary import tariffs on rebars from China, Turkey and Ukraine came into effect last week, Reuters reports.  

China’s CRBC Willing to Invest in Egypt’s Transport Projects

China Road and Bridge Corporation is willing to invest in Egypt’s transport projects, especially in the construction of a multi-purpose terminal in the port of Safaga, Invest-Gate reports.

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

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

China’s Hutchison Ports to Pump More Investments into Egypt’s Maritime Transport Projects

China's private holding company, Hutchison Ports, is willing to pump more investments into Egypt's maritime transport projects, multi-purpose stations and logistics centers, Invest-Gate reports.

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.

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