DAMAC, Amlak Partner to Offer Customers Investment Opportunities

Dubai’s property developer, DAMAC Properties, partners with real estate financier, Amlak Finance, to offer its existing customers an exclusive investment opportunity, Invest-Gate reports.

Egypt’s Government Eyes NIC Capital and Flat 6 Labs To Support Start-Ups

Egypt’s Ministry of Investment and International Cooperation signs an agreement with the Egypt Company for Entrepreneurship and Investment,  NIC Capital, and Flat 6 Labs to invest EGP 10 mn in start-up companies, Inv ...

Egypt To Offer 24,000 Land Plots For Various Purposes

The government is to offer 24,000 land plots for investments and services in new cities next week, Invest-Gate reports. Minister of Housing Mostafa Madbouly described the tender as "the largest land tender ever".  

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.

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