Al-Sharif Holding Group signs a long-term financing contract with the National Bank of Egypt to contribute to the investment cost of the Shepherd Hotel development project with a value estimated at EGP 1.4 bn, as the loan amounted to EGP 978.2 mn with an interest of 8% and a grace period of three years, Invest-Gate reports.

Deputy Minister of Housing, Utilities, and Urban Communities for National projects Khaled Abbas has visited "Soor Magra-El-Oyoun" development project accompanied by Abdel Khaleq Ibrahim, Assistant Minister of Housing for Technical Affairs, and Alaa Abdel Aziz, Assistant Vice President of the New Urban Communities Authority, Invest-Gate reports.

Egypt's Planning Minister Hala El-Saeed has unveiled that 490 development projects were implemented in the state's distinct sectors during Q1 of FY 2018/19, at a total cost of EGP 27.2 bn

Saudi Arabia's Public Investment Fund (PIF) has announced the launch of a new sustainable tourism project called "Wadi Al Disah Development Project," on the southwest of Tabuk city in the Saudi kingdom

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.