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.

UNDP to Establish New Investment Fund in Egypt

Egypt and the United Nation Development Program (UNDP) sign an agreement to establish a new UNDP investment fund in the country, Invest-Gate reports.

EBRD Supports Rail Modernisation in Egypt

Millions of commuters across Egypt will benefit from a 290-mn-euro agreement that the Egyptian government has signed with the European Bank for Reconstruction and Development to upgrade the Egyptian National Railways ...

Egypt Eyes More Investments in Port Said

The Egyptian government is seeking additional investments in Port Said City, Invest-Gate reports.

Steel Rebar Prices Up in Egypt on Import Tariffs

 Steel rebars used in construction increase by approximately 17% in Egypt after temporary import tariffs on rebars from China, Turkey and Ukraine came into effect last week, Reuters reports.  

Egypt to Establish 20,110 Units in 16 Cities by Year-End

The government is to complete the establishment of 20,110 residential housing units in 16 governorates by the end of this year, Invest-Gate reports.

Gov’t Inks Three Agreements Worth EUR 203.5 mn with Germany

The government inks three agreements worth EUR 203.5 mn with Germany to boost cooperation in the areas of renewable energy, small-and medium enterprises as well as education, Invest-Gate reports.

EBRD Approves Deal Worth USD 500 mn to Fund Renewable Projects in Egypt

The European Bank for Reconstruction and Development (EBRD) approves on June 7 an agreement worth USD 500 mn to finance renewable energy projects in Egypt, Invest-Gate reports.  

Egypt Inaugurates 1st Industrial Plastic Complex in Alex

Egypt inaugurates the first integrated industrial complex for plastics on a land plot spanning an area of 25 feddans, in order to encourage the establishment of more logistics and value-added institutions that help b ...

Egypt, General Electric Discuss Ways of Upgrading Railways

Officials from the Egyptian government and the US multinational corporation General Electric have discussed ways of upgrading the national railways in the coming period, Invest-Gate reports.

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