EBRD Injects EUR 1.9 bn in Egypt’s Projects

The European Bank for Reconstruction and Development (EBRD) has pumped EUR 1.9 bn in 43 projects in Egypt thus far, Invest-Gate reports.

Egypt, Saudi Arabia Seek to Establish 8 Real Estate Projects in North Coast, Red Sea

The Saudi-Egyptian Business Council is mulling the establishment of eight real estate development projects in the North Coast and the Red Sea resort towns of Sharm El-Sheikh and Hurghada as President Abdel Fattah El ...

Nasr: China to Be Egypt’s Tenth Largest Foreign Investor

Egypt hopes that China will be the country’s 10th largest foreign investor in the coming years, Invest-Gate reports.

Egypt to Increase Share of Renewable Energy to 22% by 2020

Egypt is seeking to increase its share of renewable energy sources to 22% by 2020, Invest-Gate reports.

Ghasan Holding Group to Invest in Egypt’s Housing, Tourism Projects

Saudi Investor and owner of Ghasan Holding Group,  Ghasan bn Abdallah bn Ali El-Nemr, is aiming to pump more investments in housing and tourist projects in Egypt, Invest-Gate reports.

China’s Hutchison Ports to Pump More Investments into Egypt’s Maritime Transport Projects

China's private holding company, Hutchison Ports, is willing to pump more investments into Egypt's maritime transport projects, multi-purpose stations and logistics centers, Invest-Gate reports.

Euro-Med. Initiative Offers USD 23 bn to Egypt’s Private Sector

The Euro-Mediterranean initiative for financing small and medium-sized enterprises is offering loans, grants, and technical assistance worth USD  23 bn to Egypt’s private sector, Invest-Gate reports.

South Korea’s LG To Pump Investments worth EGP 2 bn in Egypt

South Korean giant LG Electronics is to pump investments worth EGP 2 bn (USD 120 mn) in the Egyptian market, Invest-Gate reports.

Construction Projects Under Way in New Sohag City

Egypt's southern city of New Sohag is now carrying out major developmental projects, including a new water station worth EGP 180 mn, commercial markets and other infrastructure projects, Invest-Gate reports.

Steel Prices to Decline by EGP 300 on Average in April

Egypt’s steel factories are reducing their prices this month by an average of EGP 300 per ton, given the recession dominating the local market, Invest-Gate reports.

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