Sisi Approves Joint Company Between DP World, SCZone Authority

Egyptian President Abdel-Fattah El Sisi is agreeing to establish a joint firm to carry out development projects in the Suez Canal Economic Zone, Egynews reports.

President Sisi Approves Social, Economic Development Plan for FY17/18 

Egyptian President Abdel Fattah El Sisi ratifies the social and economic development plan for the fiscal year 2017/2018, Invest-Gate reports.

Event Alert: ARCO Brings Despacito’s Luis Fonsi to North Coast This Weekend

Egyptian real estate developer ARCO Developments is to hold one-of-a-kind event on August 11 in the North Coast, Invest-Gate reports

Gov’t to Allocate EGP 32.3 bn for Upper Egypt in FY2017-18

The government plans to pump new investments in Upper Egypt, Invest-Gate reports.

ISDF Inks Deal Worth EGP 68.5 mn to Develop Slum in Ismailia

The government signs a cooperation agreement with the Informal Settlements Development Fund (ISDF) to develop Ismailia’s Ali Eid slum area at a total cost of EGP 68.5 mn, Invest-Gate reports.

Heliopolis Housing Posts Sales of EGP 71.07 mn in May

Egyptian construction company Heliopolis Company for Housing and Development posts sales worth EGP 71.07 mn in May, Invest-Gate reports.  

Emaar to Offer 30% of Real Estate Development Business in IPO

Dubai-based Emaar Properties is offering up to 30% of its United Arab Emirates real estate development business in an initial public offering, Reuters reports.

EBRD to Upgrade Sewage Water System in Fayyoum for EUR 186 mn

Egypt and the European Bank for Reconstruction and Development (EBRD) have signed, today, a- EUR 186-mn- project aimed at upgrading sewage water system in Fayyoum governorate, west of Cairo... Nayrouz Talaat reports ...

Gov’t to Partner with UN-Habitat over Slums Development

The government will partner with the United Nations Human Settlements Program (UN-Habitat) in a plan to upgrade residential units in Egyptian slums, Invest-Gate reports.

Mameesh: SCZone Eyes Attracting Several Industries

Chairman of the General Authority for the Suez Canal Economic Zone, Mohab Mameesh, says that the Suez Canal Development Project seeks to attract several industries, including automotive, electronics, ship repair, tex ...

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