EUR 41.5 mn German KfW Loan to Boost Egypt’s Vocational Education

Ministry of Education and Germany’s KfW Development Bank have agreed on EUR 41.5 mn (EGP 750.5 min) deal to boost and upgrade multiple vocational and applied technology education schools in Egypt.

PepsiCo. Egypt Plans to Pump Up to USD 515 mn by 2021

Chairman and CEO of PepsiCo. Egypt Mohamed Shelbaya has asserted the company’s commitment to pump new investments in the Egyptian market up to USD 515 mn from 2018 till 2021, including USD 100 mn in 2020 only.

NUCA Official Follows Up on New Alamein Projects

New Urban Communities Authority (NUCA) Deputy Head of Development of New Cities Alaa Abdel-Aziz followed up on projects implemented in New Alamein.

CED Warms Hearts of Frontline Workers with Special Launching Offer

Egypt's national developer City Edge Developments (CED) has launched its newest project in the New Administrative Capital (NAC), called “Al Maqsad Residences," offering a preferential ten-year payment plan for hea ...

Egypt Raises Investment Budget to EGP 230 bn for FY 2020/21: PM

Egypt’s Prime Minister Mostafa Madbouly announced the proposed investment budget for FY 2020/2021 from EGP 150 to 230 bn, Invest-Gate reports.

Asphalt is Laid on Roads of 800-Acre Neighborhood: Official

Head of New October City Development Authority Adel El Naggar announced that asphalt is being laid on roads of the social housing project located in section D of the 800-acre neighborhood

Development Projects Underway in New Mansoura

Head of New Damietta Development Authority Mohamed Ragab followed up on projects being implemented in New Mansoura City

32 Land Plots Across 14 New Cities To Be Offered Soon

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar declares 32 land plots across 14 new cities for urban development projects; such plots are to be offered soon

Flexible Offices Can Add USD 254 bn to Economies: Regus

The latest research by Regus, the global workplace provider, has revealed that flexible workspaces will contribute over USD 254 bn (EGP 4.09 trn) to local economies in the next decade.

ODH Starts Development of Eco-Bos Phase I in UK

Orascom Development Holding (ODH) started the development of its first project, the West Carclaze Garden Village (WCGV), in Eco-Bos Developments Limited in Cornwall, UK

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