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MAF to invest USD 500 mn in Egypt next year
INVESTMENT WATCH- MAF to invest USD 500 mn in Egypt next year: Majid Al-Futtaim Group (MAF) is planning to invest…
Real estate
EBRD to invest EUR 2.5 bn in Egypt over two years
INVESTMENT WATCH- EBRD to invest EUR 2.5 bn in Egypt over two years: The European Bank for Reconstruction and Development…
House happy with Competition Act amendments, votes to extend real estate tax collection period
LEGISLATION WATCH- House gives preliminary nod to Supply Affairs Law, Competition Act amendments: The House of Representatives’ general assembly have…
SODIC enters EGP 800 mn settlement agreement with IGA
SODIC enters EGP 800 mn settlement agreement with IGA: Leading real estate developer SODIC has agreed to pay EGP 800…
Hassan Allam to build EGP 2.2 bn water treatment project in New Capital
The New Urban Community Authority has awarded Hassan Allam Construction a contract to build a EGP 2.2 bn water treatment…
Africa Forum 2018 kicks off, Egypt inks agreements
The Africa Forum 2018 in Sharm kicked off yesterday. Among the takeaways from the many announcements of the past 24…
70% of land in the New Administrative Capital sold
70% of land in the first phase of the New Administrative Capital (or 17,000 feddans) has been sold, the New…
China’s CRRC to supply Egypt with 22 trains for new capital-10 Ramadan line
Egypt has contracted China’s CRCC to manufacture and supply 22 trains for Egypt’s 10 Ramadan-new capital railway line, according to…
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