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

Egypt, EBRD to Sign Private Sector Funding Deal Worth USD 60 mn Next Week

Egypt and the European Bank for Reconstruction and Development (EBRD) will sign a USD 60 mn agreement next week to finance private projects, Invest-Gate reports.

Prince Waleed Bin Talal, TMG Inject USD 800 mn into Egypt’s Hospitality Projects

Saudi Prince and business tycoon Waleed bin Talal is to inject investments worth USD 800 mn, in co-operation with Talaat Mostafa Group (TMG), into a number of hospitality projects in Egypt, Invest-Gate reports.

Deal to Clear Dabaa Land Plot of Landmines

Minister of Investment and International Co-operation Sahar Nasr signs a protocol of cooperation with Minister of Electricity Mohamed Shaker to clear a plot of land, dedicated to the nuclear power plant in Dabaa, of ...

Emaar Misr To Expand Investments Across Egypt 

Leading real estate developer, Emaar Misr, plans to expand with a number of projects, including social housing projects in New El- Alamein City along with Egypt's New Administrative Capital and South Sinai, Invest-Ga ...

El Mostakbal Partners With Al Ahly Sabbour Anticipating EGP 35 bn Revenues

The master developer of Mostakbal City, El Mostakbal for Urban Development and Al Ahly Sabbour, announce the launch of a new partnership agreement, according to which Al Ahly Sabbour will develop a mixed-use urban ...

Invest-Gate Event Alert: Marassi To Host Grand Prix This Weekend

Emaar Misr's North Coast resort, Marassi, is hosting its first horse back riding Grand Prix competition this weekend.

World Bank to Invest in World’s Largest Solar Photovoltaic Park in Egypt

The BoD of IFC, a member of the World Bank Group, gives a nod to new investments in the power sector in Egypt, Invest-Gate reports.

Egypt Cuts Customs Exchange Rate to EGP 16.25

Egypt is to lower its customs exchange rate to EGP 16.25 from EGP 16.50 for one month starting August 1, Reuters reports.

Egypt Seeks EGP 30 bn Investments in SCZone

Egypt is eying investments worth EGP 30 bn in the Suez Canal Economic Zone in the forthcoming five years, Invest-Gate reports.

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