French Investments in Egypt Amount to EUR 4.5 bn: Minister

Minister of Trade and Industry Amr Nassar has confirmed that French investments in Egypt are estimated at EUR 4.5 bn in 473 projects operating in various fields across the country

Egypt, Greece, Cyprus Ink Deals for Collaboration in Various Fields

Egypt, Greece, and Cyprus signed on October 10 a number of agreements for the collaboration in the fields of industry, trade, and education

Renewables Can Meet 53% of Egypt’s Electricity Needs by 2030: IRENA

Egypt has the potential to generate up to 53% of its electricity from renewable sources by 2030, and thus reduce its energy bill by USD 900 mn annually, based on the latest outlook from the International Renewable ...

Real Mark Launches EGP 750 mn West Mark

Egypt's integrated real estate company Real Mark Developments made its debut by launching its first mixed-use complex in 6th of October City, West Mark, offering "a new line of thought to office and commercial rea ...

Dubai’s Nakheel Launches 147 Luxury Villas at Jumeirah Park

Dubai-based developer Nakheel unveiled a new collection of 147 luxury terraced homes at Jumeirah Park, each accompanied with a private garden and swimming pool

Capital Group Properties to Raise Alburouj Contracts to EGP 6.5 bn

Capital Group Properties (CGP), owned by Abu Dhabi Capital Group (ADCG) and Al Ain Properties, will sign two contracts worth EGP 1.5 bn before end of 2018 to develop Alburouj project in El Shorouk city, bringing t ...

Radisson Hospitality Group to Invest in 10 New Hotels in Africa

Radisson Hospitality AB, a subsidiary of Radisson Hotel Group, will invest in ten new hotels across Africa, in an attempt to boost its expansion across the continent

Gov’t Allocates EGP 586.6 mn to New Qena in FY2018/19

Egyptian Prime Minister Mostafa Madbouly revealed that EGP 586.6 mn were allocated for the development of Upper Egypt’s New Qena in FY 2018/19

UAE Offers Five-Year Renewable Residency for Retired Expats

The UAE cabinet has passed a law that will allow expatriates to have long-term residency visa after retirement, aiming to help prop up the country's economy and real estate market

Hassan Allam Properties Successfully Launches SwanLake Residences in New Cairo

Egyptian developer Hassan Allam Properties (HAP) has successfully launched its 460-acre SwanLake Residences (SLR) in New Cairo, in continuation of its exponential growth and land bank expansion during 2018

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