Egypt Offers 30% in 7 State Hotels to GCC Funds

Furthermore, an informed source reveals that TSFE is completing the evaluation before the offering.

Cabinet Signs Off on Changes to Real Estate Funds Regulations

Egypt's Cabinet has approved some far-reaching legislative amendments to the Capital Markets Act, which governs real estate funds, in a bid to facilitate and reduce burdens halting property investment.

EBRD Pumps EUR 5.3 bn in 99 Egyptian Projects

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.

Cabinet Nods WB’s USD 500 mn Fund for Social Housing

Egypt's cabinet has approved a supplementary fund of USD 500 mn (EGP 8.1 bn) from the World Bank (WB) for funding the country's social housing program, coming under a portfolio worth USD 8 bn (EGP 129.1 bn).

Housing Ministry, AfDB Inspects USD 150.6 mn Sanitation Projects

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has met with representatives of the African Development Bank (AfDB) to review work done at two sanitation projects underway in west Cairo, whic ...

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