Construction Material Exports On the Rise

Egyptian construction material exports have been on a steady rise since the flotation of the EGP in November, Invest-Gate reports.

CEOs of US Firms Scout Investment Opportunities in Egypt

CEO of major US companies are scouting investment opportunities in Egypt amid the reportedly improving business climate, Invest-Gate reports.

EU, Three Int’l Development Banks Team Up to Promote Green Investments in Egypt

The European Union (EU) and three international development banks launch a EUR -140- mn- program in Egypt to promote green investments in the country, support projects that boost energy efficiency and develop renewab ...

Memaar Al Morshedy Offers Feasible Payment Terms at Degla Landmark

Egyptian real estate developer Memaar Al Morshedy offers feasible payment terms for its latest residential and commercial project Degla Landmark in Nasr City, Invest-Gate reports. The payment terms include a six-year ...

Saudi Arabia’s Fawaz Alhokair to Establish Three New Malls in Egypt

Saudi Arabia's leading real estate developer Fawaz Alhokair plans to establish three commercial malls in the New Administrative Capital, New Cairo and the Nile Delta governorate of Tanta.

Oryx Industries Pumps Investments worth USD 76 mn into GCC, North Africa, 2020

Oryx Industries, a UAE-based building materials manufacturer, is to pump investments worth AED 280 mn into the Arab Gulf and North Africa regions until 2020, Invest-Gate reports.  

Egypt Tops World’s Fastest Growing Mortgage Markets

Egypt tops the world’s fastest growing mortgage markets and anticipates an expansion of 18.9% in mortgaged homes in 2017, Invest-Gate reports.

Huawei to Establish Fiber Optics Manufacturing Plant in Egypt

China’s telecom giant Huawei is planning to establish a fiber optics manufacturing plant in Egypt to turn the country into a hub for assembling the company’s products and exporting them to global markets, Invest-Gate ...

Egypt Eyes Economic Growth Rate of 5.5-6%

The government is eyeing an economic growth rate of 5.5-6% in the coming years with its current economic policies and reform program, Invest-Gate reports.

Egypt Receives Second Tranche of WB Loan

The World Bank (WB) is disbursing Egypt USD 1 bn in financial assistance as a second tranche of its USD 3 bn loan program with the country, Invest-Gate reports.

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