Egypt to Establish Economic Zone of Golden Triangle

Egypt will establish an economic zone in the Golden Triangle area spanning along the cities of Safa and Quseir at its base with the Upper Egyptian city of Qena at the top, Invest-Gate reports.

ADFD Finances Projects Worth USD 1.08 bn in Egypt

The Abu Dhabi Fund for Development (ADFD) has provided Egypt with grants and concessionary loans worth AED 4 bn (USD 1.08 bn) to carry out 64 development projects in the country, Invest-Gate reports.

Egypt Launches New Online Service to Establish Companies

The Egyptian government is launching an online service dubbed ''Establish on Your Own'', enabling investors to establish their companies online through the websites of the Ministry of Investment and International Coo ...

Egypt to Fund EGP 64 bn in Housing Development in 2017/18

The Egyptian government is to pump investments worth EGP 64 bn to develop housing communities and public facilities as part of its development program for the fiscal year 2017/18, Invest-Gate reports.

Bombardier to Build Egypt’s New Metro Line with USD 4bn

Egypt is signing a memorandum of understanding with Canadian plane and train manufacturer, Bombardier Inc., to finance and construct Cairo’s sixth metro line, with an initial cost estimated at USD 4 bn, Invest-Gate r ...

Finance Ministry: Monthly Inflation Rate to Stabilize in 4 Months

Egypt expects the monthly inflation rate to stabilize within four months at between 1-1.25%, Minister of Finance Amr El-Garhy says.

Spain Eyes More Investments in Egypt

A group of Spanish investors are willing to increase their investments in Egypt amid improving investment climate, Invest-Gate reports.

Egypt Attracts USD 9.8 bn in Foreign Investment in Debt Instruments in FY2016/17

Egypt attracted an almost nine-fold increase in foreign investment in domestic debt instruments in FY2016-17,  Reuters reports.

Maxim Developments Uncovers Bo Islands and Bo Sands this Summer

Cairo-based developer Maxim Developments is introducing new projects in North Coast’s Sidi Abdel Rahman this summer, Invest-Gate reports.

Egypt Sees 13 Road and Service Projects worth EGP 756 mn in FY16/17

The Central Agency for Reconstruction has carried out new road and service projects in 12 governorates in the fiscal year 2016/2017, Invest-Gate reports.

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