Egypt Leads MENA in Property Investment in 2019: Dhaman

The Arab Investment and Export Credit Guarantee Corporation (Dhaman) has uncovered that three MENA counties managed to solely move the needle on property investment in 2019, led by Egypt by a significant margin at ...

Egypt Remains Africa’s Top FDI Recipient in H1: UNCTAD

Egypt continues to be Africa's largest recipient of foreign direct investment (FDI) flows in H1 2019, attracting USD 3.6 bn (EGP 58.2 bn), thanks to the new investment deals that have been recently announced

Exclusive: Residency-for-Property Decree Officially Issued

Deputy Minister of Housing for National Projects Khaled Abbas says in an exclusive statement to Invest-Gate that the residency-for-property ministerial decree has been officially issued and approved by Passports, ...

China’s CFLD Plans to Invest USD 20 bn in Egypt Halted: Officials

Officials in charge of delivering a USD 20 bn development in the New Administrative Capital (NAC) said two years of talks with China Fortune Land Development (CFLD) have halted following financial disagreements be ...

Housing Ministry Inks MoU With Global Firm for New Projects in New Alamein

The Egyptian housing ministry has signed a memorandum of understanding (MoU) with global hospitality group Nikki Beach Hotels to operate and manage a hotel resort as well as a residential project in New Alamein, i ...

AfDB Invested USD 2.8 bn in 30 Egyptian-Based Projects Since 2016: President

The African Development Bank Group's (AfDB) President Akinwumi Adesin said the bank has invested up to USD 2.8 bn in 30 Egyptian-based projects since the country kicked off its economic reform program in 2016

Egypt-Kuwait Bilateral Trade Hits USD 1.74 bn in 2017: Minister

Egyptian Trade Minister Amr Nassar has revealed that Kuwait is Egypt's third top trade partner, right after the UAE and Saudi Arabia, with bilateral trade hitting USD 1.74 bn in 2017, of which non-oil goods made u ...

Free Zones’ Exports Up USD 1.1 bn in Three Quarters of 2018: Minister

The Egyptian free zones affiliated to the General Authority for Investment and Free Zones (GAFI) recorded USD 14.7 bn in exports during the first nine months of 2018, an increase of USD 1.1 bn compared to the year ...

Egypt, Greece, Cyprus Ink Deals for Collaboration in Various Fields

Egypt, Greece, and Cyprus signed on October 10 a number of agreements for the collaboration in the fields of industry, trade, and education

FDI Could Grow by 20-25% Next Year if it Reaches its FY 17/18 USD 10 bn Target: El Garhy

Foreign direct investments could grow by 20-25% in fiscal year 2018-19 only if its hits this year’s USD 10 bn target

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