UAE’s Aldar Properties Mulls Investments in Egypt
Abu Dhabi's listed real estate developer Aldar Properties seeks to tap into Egypt's housing market, as part of its regional expansion plans.
Egypt Investment Map Phase II Kickstarts with 2,000 New Opportunities
Minister of Investment and International Cooperation Sahar Nasr uncovered on July 15 the second phase of Egypt’s investment map, adding up 2,000 new investment opportunities to the Egyptian market.
Egypt Approves Largest-Ever State Budget
Egypt’s parliament approved on June 24 the FY 2019/20 budget starting in July, with spending set at EGP 1.6 trn, up EGP 150 bn from the current fiscal year, marking the biggest state budget in the country's histor ...
Egypt to Net USD 9.1 bn Under US Mideast Peace Plan
Egypt is expected to net as much as USD 9.1 bn worth of investments as part of the White House's USD 50 bn Middle East economic plan, which calls for the development of a global investment fund to uplift the Pales ...
Orascom Construction Seals USD 475 mn Deals in Q1 2019
Egypt-based Orascom Construction has announced adding new contracts worth USD 475 mn to its backlog during the first quarter of 2019, driving the company’s consolidated backlog to hit nearly USD 4.2 bn as of March ...
NUCA Allocates 113 Plots in 24 New Cities in 2018
The New Urban Communities Authority (NUCA) has allocated 113 plots, with a total area of 2,530 acres, in 24 new cities during 2018, in a bid to meet the country's investment demands and accelerate the development ...
SODIC to See Investments Worth EGP 5.15 bn in 2019
Sixth of October Development and Investment (SODIC) has announced plans to pump EGP 5.15 bn worth of investments into its development projects during 2019.
SODIC Intends Sealing EGP 7.2 bn Contracts in 2019
Egypt-based Sixth of October for Development and Investment (SODIC) intends to seal EGP 7.202 bn contracts in 2019, while also planning to invest around EGP 5.173 bn across its developments and its subsidiaries' p ...
Madbouly Follows Up on Development Projects in Saqqara
Prime Minister Mostafa Madbouly has held a meeting to follow up on the latest developments on some projects being implemented for the restoration of ancient Saqqara archaeological area, aiming to provide an array ...
Madbouly Probes Latest Developments in Cairo’s Informal Housing
Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly held a meeting on January 1 to follow up on the latest developments in Cairo's informal settlements, while reviewing the mi ...
