Egypt’s Stock Exchange to Reduce Trading Halt Time

• Monday, 11th September 2017
• by Invest Gate

Egypt's financial regulator has approved the stock exchange's decision to reduce trading halt times to 15 minutes, down from 30 minutes, as of Tuesday's session, the exchange said on Monday, in an effort to boost mar ...

Egypt’s Heliopolis Housing Aims for EGP 1.2 bn Sales This FY

• Monday, 11th September 2017
• by Invest Gate

Egypt-based Heliopolis Co for Housing and Development achieved August sales of housing units amounting to EGP 76.1 mn

EIB to Sign 3 Infrastructure Funding Agreements in Egypt

• Monday, 11th September 2017
• by Invest Gate

The EU commissioner in Egypt announced in a Monday statement that the European Investment Bank (EIB) will sign on Wednesday three agreements to fund infrastructure projects in Egypt

Gov’t to Develop Informal Settlements in Red Sea for EGP 300 mn

• Monday, 11th September 2017
• by Invest Gate

The Egyptian government is developing slum areas in Red Sea governorate with investments worth EGP 300 mn

El Shahawi Group Unveils Ein Hills in Ain Sokhna

• Monday, 11th September 2017
• by Invest Gate

El Shahawi Group is uncovering a boutique resort in the heart of El Galala Mountain in Ain Sokhna

Egypt’s Pharos Holding Targets Deals Worth USD 400 mn

• Thursday, 7th September 2017
• by Farah Montasser

Egypt's Pharos Holding is targeting deals worth EGP 7.5 bn (USD 428 mn) over the next 18 months as it moves into non-banking sectors and enters areas such as real estate financing in 2018

Egypt to Start Construction of National Roads Project Phase III

• Thursday, 7th September 2017
• by Farah Montasser

The General Authority for Roads, Bridges and Land Transport (GARBLT) says it completed the blueprints for the third phase of the National Roads Project, set to be implemented immediately

MNHD Extends Deadline to Convert Shares into GDRs

• Thursday, 7th September 2017
• by Farah Montasser

Egyptian urban developer, Madinet Nasr for Housing and Development (MNHD), reveals it has extended the deadline set for shareholders wishing to convert their shares into global depository receipts (GDRs)

CI Ratings upgrades Egypt’s ratings

• Thursday, 7th September 2017
• by Farah Montasser

Capital Intelligence Ratings (CI Ratings) upgraded on September 1 Egypt's sovereign ratings

Arab Contractors: Construction Work on Parliament Building is Ongoing

• Thursday, 7th September 2017
• by Farah Montasser

Egyptian construction firm, Arab Contractors, unveils that construction work of new building of the Egyptian Parliament in the New Administrative Capital is on the pipeline