Egypt's Administrative Capital for Urban Development (ACUD) and Alliance World Wide Consortium (AWWC) have inked a Memorandum of Understanding (MoU) to develop a fully foreign-funded investment project in the New ...
Egypt continues to be Africa’s largest recipient of foreign direct investment (FDI) flows in 2019, marking a 10.7% hike, despite the slump in FDI inflows to the entire continent to USD 45 bn (EGP 727.2 bn).
Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas has announced that the New Administrative Capital's (NAC) Iconic Tower - set to be the tallest in Africa - stands at ...
Procter & Gamble (P&G) has announced plans to pump over USD 50 mn (EGP 809 mn) into the Egyptian market by the end of 2021 to expand production capacity.
Eco-Bos Development, a subsidiary of Egypt's Orascom Development Holding (ODH), has secured a peak debt funding facility of EUR 18 mn to support the building of phase I of West Carclaze Garden Village in Cornwall, ...
The US-China trade agreement has contributed to the extension of USD 490 mn (EGP 7.85 bn) worth of foreign investments to Egypt in a single day.
The UAE International Investors Council (UAEIIC) plans to double the country's investments in Egypt to USD 14 bn (EGP 225.67 bn) over the next five years, in light of the country's promising investment climate.
Al Waleed Investment Group has opened the 114-key Lemon Tree Dubai Hotel, after earlier partnering with India-based Lemon Tree International to break the latter's brand into the UAE hospitality industry.
The European Bank for Reconstruction and Development (EBRD) is committed to increasing its investments in Egypt, pumping about EUR 5.3 bn (EGP 95 bn) through the development of 99 domestic projects.
Minister of Investment and International Cooperation Sahar Nasr officially inaugurated on December 5 Majid Al Futtaim's "City Centre Almaza," which is developed with investments amounted to USD 580 mn (EGP 9.35 bn ...
