Egypt, South Korea Ink EUR 243 mn Deal for Cairo Metro Line III
Egypt signed an agreement with South Korea for the procurement and manufacturing of 32 air-conditioned metro trains worth EUR 243 mn for Cairo Metro Line III
GEC’s Ramla Brings Year-Round Comfort to North Coast
German-based real estate developer GEC Development launched Ramla, a North Coast resort, in an event held at LakeHouse Club on Monday, August 8
IFC Invests USD 1.2 bn in Egypt in FY 2018
International Finance Corporation (IFC), a member of the World Bank Group, has invested USD 1.2 bn in Egypt during the 2018 fiscal year (FY), which helped in creating jobs, developing local infrastructure, and co ...
Housing Ministry, Informa Ink MoU to Promote Real Estate
The Ministry of Housing, Utilities and Urban Development has signed a memorandum of understanding (MoU) with Informa Exhibitions, organizer of the real estate exhibition Cityscape Global, on August 2 to market the ...
Egypt, China Sign Deal for Mega Projects in New Capital
Egypt and China have signed an agreement to implement and establish a number of mega projects in Egypt’s New Administrative Capital
Al Futtaim Names Egypt Among Top Investment Destinations
Dubai-based Majid Al Futtaim Holding reveals that Egypt, Saudi Arabia, UAE, and Oman are currently the company’s top investment destinations, amid its plans to steadily expand its presence in the region
Dubai’s Emaar to Double Investments in Egypt
Dubai-based Emaar Properties Chairman Mohamed Alabbar revealed plans to double his company's investments in Egypt to EGP 100 bn over the next five years
IKEA to Open Second Store in Egypt
The second IKEA store is set to come to West Cairo as MARAKEZ for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, recently signed a Memorandum of Understanding (MoU) with Al-Futtaim Mi ...
French Investments in Egypt Surpass EUR 4 bn: Nasr
Sahar Nasr, Minister of Investment and International Cooperation, has affirmed that France is one of the largest investors in Egypt as there are more than 160 French companies operating in the country with a tota ...
Developer Tamer El-Khouly Selected Strategic Partner for Côte d’Ivoire
Egyptian real estate developer Tamer El-Khouly has been chosen as a strategic partner for the Republic of Côte d'Ivoire
