GEM

  • CNN Names Egypt Among Top 21 Go-To Places in 2021
    Business

    CNN Names Egypt Among Top 21 Go-To Places in 2021

    Thursday, 14 January 2021

    CNN Travel has featured Egypt among its newest list of top "21 Places to Go in 2021," indicating that the Grand Egyptian Museum (GEM) will turn heads upon inauguration this year due to its proximity to Giza Pyramids.

  • El-Sisi Virtually Inaugurates New Capital, Sphinx Airports
    Government

    El-Sisi Virtually Inaugurates New Capital, Sphinx Airports

    Wednesday, 1 July 2020

    President Abdel-Fattah El-Sisi inaugurated the long-awaited Capital International Airport and Sphinx International Airport via video conference on June 29, both coming to help to relieve pressure on Cairo's existing hub.

  • JLL Shares Positive Outlook for Egypt’s Real Estate
    Government

    JLL Shares Positive Outlook for Egypt’s Real Estate

    Tuesday, 5 November 2019

    US-based commercial real estate services firm JLL has highlighted that Cairo’s real estate market saw a positive performance across all subsectors, including hotel, residential, retail, and administrative developments, in Q3 2019.

  • Gov’t Presents JV Opportunities in Historic Cairo
    Government

    Gov’t Presents JV Opportunities in Historic Cairo

    Thursday, 19 September 2019

    Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has presented to a group of investors the various joint venture opportunities in Historic Cairo, namely projects being developed by the housing and antiquities ministries.

  • SODIC Launches ‘The Estates’ in New Zayed
    Developers

    SODIC Launches ‘The Estates’ in New Zayed

    Monday, 16 September 2019

    Sixth of October Development and Investment Company (SODIC) has launched its newest signature project in New Zayed, or “The Estates," debuting a series of new projects to be developed in the newly-introduced area in west Cairo.

  • Egypt, EU Kickstart EUR 3.1 mn Project to Revamp Egyptian Museum
    Government

    Egypt, EU Kickstart EUR 3.1 mn Project to Revamp Egyptian Museum

    Tuesday, 18 June 2019

    Egypt announced on June 17 embarking on a three-year project to revamp the Egyptian Museum, west Cairo, financed by EUR 3.1 mn of EU funding and backed by a consortium of five European museums, promising to preserve and enhance the storied site.

  • Drawings of Saqqara Development Project to be Ready Before End-June
    Government

    Drawings of Saqqara Development Project to be Ready Before End-June

    Thursday, 13 June 2019

    Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has mandated the swift preparation of drawings for the restoration of ancient Saqqara archaeological area before the end of June, coming up to provide an array of services to potential visitors and contribute to the growth of inbound tourism as a result

  • Madbouly Follows Up on Development Projects in Saqqara
    Government

    Madbouly Follows Up on Development Projects in Saqqara

    Tuesday, 8 January 2019

    Prime Minister Mostafa Madbouly has held a meeting to follow up on the latest developments on some projects being implemented for the restoration of ancient Saqqara archaeological area, aiming to provide an array of services to visitors there and contribute to the growth of inbound tourism as a result.

  • Demand for Egypt’s Infrastructure Development Unprecedented: Orascom Construction
    Infrastructure

    Demand for Egypt’s Infrastructure Development Unprecedented: Orascom Construction

    Wednesday, 21 November 2018

    CEO of Egypt's Orascom Construction Osama Bishai said that although Egypt's IMF-backed reforms had inevitably resulted in a number challenges for the construction sector, the current level of demand for infrastructure across the country could be described as "unprecedented," with plenty "still to do"

  • Tourism to Comprise 15% of Egypt’s GDP in 2018: Minister
    Government

    Tourism to Comprise 15% of Egypt’s GDP in 2018: Minister

    Monday, 12 November 2018

    Minister of Tourism Rania Al-Mashat foresees that possibly 10 mn tourists will be visiting Egypt in 2018 in a feat that will see the industry contribute almost 15% to the country's GDP this year