81 Investment Projects Approved in Over 16 Cities: Official

Walid Abbas, assistant minister for community affairs of the New Urban Communities Authority (NUCA), said that 81 investment projects have been approved in more than 16 cities, spreading over a total of 13,697 acr ...

EFG Hermes’ NBFIs Platform Generates Revenues of EGP 286 mn in Q3

Egypt's EFG Hermes Holding's Non-Bank Financial Institutions (NBFIs) platform maintained its remarkable rate of expansion, growing at 81% YoY to record revenues of EGP 286 mn in Q3 2018, with Tanmeyah Micro Enterp ...

SODIC Opens its First Sales Center in New Cairo

Sixth of October Development and Investment Company (SODIC) has announced opening doors of its very first sales center in New Cairo, directly located on 90 Street, "coming closer to SODIC’s growing client base in ...

SODIC to Invest up to EGP 1 bn in Land Purchase This Year

Egypt's real estate developer Sixth of October for Development and Investment Company (SODIC) is planning to invest between EGP 900 mn and EGP 1 bn to expand their land bank in 2018

Hilton Worldwide Plans to Expand in Egypt

Hilton Worldwide plans to nearly double the number of its hotels in Egypt within the next seven to 10 years as tourism returns to its levels, Reuters reports.

Four Seasons Resort Sharm El-Sheikh Sees a- USD 380 mn- Expansion

Saudi Prince and business tycoon Waleed bin Talal pumps investments worth USD 380 mn to expand the Four Seasons Resort in Sharm El-Sheikh, Invest-Gate reports.

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