Thumbay Group Eyes Establishing Gulf Medical University in Egypt

UAE-based Thumbay Group seeks to inject investments worth AED 1 bn (roughly EGP 5 bn) via the establishment of a branch of the Gulf Medical University in Egypt

Egypt, Germany Sign USD 146 Mn Deal to Implement Some Projects in Egypt

Egypt and Germany signed a protocol of economic cooperation worth EUR 129 mn, comprising the implementation of projects over the next four years, while announcing intentions for a new Egyptian-German initiative fo ...

Egypt, EIB Ink EUR 214 mn Deal for Sanitation Services in Nile Delta

Egypt and the European Investment Bank (EIB) signed on October 17 an EUR 214 mn deal to support the Kitchener Drain depollution project, out of total financing worth EUR 400 mn

World Bank Agrees on USD 3 bn Loan to Egypt

Egyptian Minister of Investment and International Cooperation Sahar Nasr revealed on October 16 that an agreement was reached with the World Bank (WB) to provide the country with a new funding of USD 3 bn during t ...

Egypt Licenses Single-Shareholder Companies

Egypt’s Minister of Investment and International Cooperation Sahar Nasr has signed on August 15 the regulatory framework for licensing single-shareholder companies, under the framework of amending the economic leg ...

Egypt, World Bank Discuss USD 500 mn Social Housing Loan

Minister of Investment and International Cooperation Sahar Nasr discussed with the World Bank a possible second loan worth USD 500 mn to fund the country's social housing project

Housing Ministry Finalizes 97.4% of Al Asmarat 3

Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, announced that Al-Asmarat 3 residential project has been completed by 97.4%

French Investments in Egypt Surpass EUR 4 bn: Nasr

Sahar Nasr, Minister of Investment and International Cooperation, has affirmed that France is one of the largest investors in Egypt as there are more than 160  French companies operating in the country with a tota ...

Egypt Inaugurates Investment Pavilion in Russia’s Fan Zone

The Ministry of Investment and International Cooperation (MIIC) has inaugurated on Monday, June 18, Egypt's pavilion in the Fan Zone in Russia's St. Petersburg to promote for Egypt's investment map

Egypt Parliament Approves Financial Leasing, Factoring Law

Egypt's parliament has approved on Saturday, June 23, a financial leasing and factoring bill in a general session headed by Parliament Speaker Ali Abdel Aal, in the presence of Minister of Investment and Internati ...

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