UAE-based UPP Capital Investment, the investment arm of Union Properties, has acquired 5.55% stake of the total shares of Egypt’s Palm Hills Development (PHD), at a total cost of EGP 525.3 mn, averagely EGP 4.1 pe ...
Minister of Housing Mostafa Madbouly has presented available investment opportunities in Egypt’s mega real estate projects, under construction by the ministry in New Administrative Capital, New Alamein City, New M ...
Egypt’s foreign reserves surged to USD 42.524 bn at the end of February from USD 38.209 bn the month before, facilitated by a USD 4 bn Eurobond sale last month
Exports have increased by 16% while imports fell by 4%
Investments have increased by 20.8% to reach EGP 5.2 bn last month in Egypt
Set to span over an area of 1 mn sqm, the complex will house 1,050 factories. Each factory will be equipped with machinery, and built on an area of 300 sqm
The new city will include a new road linking Ain Sokhna to Zaafarana through Galala Mountain, a touristic resort, a hospital specialized for medical tourism, and a corniche walkway
The first agreement stipulates the establishment of “an integrated entertainment city, similar to Disneyland, across 5,080 acres with total investments of EGP 58.24 bn (USD 3.3 bn)
Egyptian Ambassador to Addis Ababa Abu Bakr Hefny has unveiled a number of projects Egypt is implementing in Ethiopia
