SCZone Aims for World’s Best 7 Investment Destinations in 2035

The General Authority for Suez Canal Economic Zone (SCZone) is targeting to become one the best seven investment destination in 2035 worldwide by making use of facilities, customs tax exemptions, and other measures t ...

Saudi Arabia Allocated USD 266 mn on Infrastructure Projects

Saudi Arabia is currently developing infrastructure projects in areas of Thadiq and Huraymila at a total investment cost of USD 266 million

New Kuwaiti Taxes to Affect Real Estate Sector

Kuwait’s government attempt to impose taxes and increase costs on expats will further affect the real estate sector specifically commercial segment, while the effect on the investment sector will also be great

Dalia Khorshid meets with Al Futtaim, Lazard and Others

The Minister of Investment Dalia Khorshid met with the Emirati Omar Al Futtaim Group and the CEOs of Lazard, Credit Suisse, and Citybank on January 20, at the World Economic Forum in Davos, Switzerland

More Land Plots on Offer for Investment

The Ministry of Housing, Utilities, and Urban Communities is offering land plots for sale as part of social housing project and the first phase of Dar Misr project, in collaboration with the Ministry of Investment

IMF Predicts Egypt’s Inflation to Fall This Year

The International Monetary Fund IMF predicts Egypt's inflation to drop during the second quarter of 2017, state owned news portal, Ahram Online reported

HHD and SODIC to Postpone Project Development in Heliopolis

Heliopolis for Housing & Development (HHD) and SODIC agreed to postpone their partnership project aiming to develop 655 acres of lands until next September due to economic challenges following the float of the EGP, A ...

Saudi Monetary Authority raises mortgage up to 85%

Saudi Arabian Monetary Authority (SAMA) has raised the loan limit for mortgages from 70 to 85% for first-time Saudi buyers, according to a statement

IHG Commencing with QSE Listing

Qatar-based contractor, Investment Holding Group (IHG), is set to start with its listing at the Qatar Stock Exchange this week in an initial public offering (IPO), reported Reuters

New Investment Law Approved

Egyptian Cabinet has approved the new Investment Law, according to Investment Minister Dalia Khorshid, reported Egypt’s National TV EgyNEws

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