Egypt Attracts USD 9.8 bn in Foreign Investment in Debt Instruments in FY2016/17

Egypt attracted an almost nine-fold increase in foreign investment in domestic debt instruments in FY2016-17,  Reuters reports.

UNDP to Establish New Investment Fund in Egypt

Egypt and the United Nation Development Program (UNDP) sign an agreement to establish a new UNDP investment fund in the country, Invest-Gate reports.

EBRD Supports Rail Modernisation in Egypt

Millions of commuters across Egypt will benefit from a 290-mn-euro agreement that the Egyptian government has signed with the European Bank for Reconstruction and Development to upgrade the Egyptian National Railways ...

Marseilia Egyptian Gulf Real Estate Investment Seeks Investment in Upper Egypt

Marseilia Egyptian Gulf Real Estate Investment is seeking to invest in three tourist projects in Egypt by the end of 2017, Invest-Gate reports.

Egypt’s Amlak Eyes Sales of USD 2.7 mn From Two Housing Projects This Year

Egypt’s Amlak Real Estate Investment and Marketing targets achieving sales of EGP 50 mn (USD 2.7 mn) from the first phase of Tala and Eshraka projects within 2017, local media reports.

Gov’t to Submit Draft Investment Regulations Within A Month

Egypt's ministry of investment will submit draft regulations for a newly passed investment law to the cabinet within a month, Invest-Gate reports.

El-Saeed Contracting Shareholders Approve Capital Hike

Egypt’s El-Saeed Contracting and Real Estate Investment Company is to raise the issued and paid-up capital to EGP 709.65 mn from EGP 665.297 mn, Invest-Gate reports.

Majid Al Futtaim Unveils Investment Plan Worth AED 30 bn

Dubai-based mall operator Majid Al Futtaim announces a new development plan to increase its total investments in the UAE by AED 30 bn by 2026, raising its total investment in the country to AED 48 bn, Arabian Busines ...

Marseille Sets Up New Asset Management Firm

Egyptian real estate investment company Marseille Almasreia Alkhalegeya for Holding Investment is contributing to the establishment Marseille Asset Management Company Marseille Asset Management Company with a license ...

GAFI Establishes Investment Zone in Damietta City for Furniture

A new investment zone spanning an area of 331 feddans is to be established in the New Damietta City for furniture, Invest-Gate reports.

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