EIB Calls on Private Sector to Push Investments in Egypt

Minister of Investment and International Cooperation Sahar Nasr emphasizes Egypt’s keenness to enhance cooperation with the European Investment Bank (EIB) in the upcoming period, announcing a- EUR 381.4 mn- MoU with ...

Egypt Budget Deficit at 9.5% in Q4 FY 2016/17: President

President Abdel-Fattah El-Sisi announced on Thursday that Egypt’s budget deficit stood at 9.5% during the fourth quarter of the 2016/17 fiscal year, which ended in June, compared to 11.5% during the same quarter last ...

Marriott International Eyes Investments in New El-Alamein City

The multinational hospitality company Marriott International reveals investment plans in New El-Alamein City

MNHD Inks Deal with BNY Mellon to Issue GDRs

Egyptian urban developer Madinet Nasr for Housing and Development (MNHD), says its board of directors approved on Tuesday, September 12, the conversion of 1.5 mn shares of its capital to global depository receipts (G ...

Egypt’s Euromoney Conference to Begin September 18

The annual Euromoney Egypt Conference will be held this year on September 18-19 under the slogan “Increasing the Role of the Private Sector in Egypt”

Egypt’s Net FDI Rises 14.5% in FY2016/17

Egypt’s net foreign direct investment (FDI) increased 14.5% year-on-year in FY2016/17

Gov’t to Build 15 Towers in New El Alamein City

The Egyptian government will start developing new construction projects in the New El Alamein City, located on the western side of the North Coast

Capital Group Properties to Launch Clubside Residence Soon

Capital Group Properties (CGP) is unveiling a new project at Al Borouj development in New Cairo

Gov’t, Palm Hills Partner to Develop EGP 150 bn October Oasis

The Ministry of Housing, represented by the New Urban Communities Authority (NUCA), signed on Monday, September 11, a partnership agreement with Palm Hills Developments for a new development project

Egypt’s Annual Urban Inflation Falls to 31.9 % in August

Egypt’s inflation indicators eased slightly in August compared to record-high figures registered in July

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