Egypt’s GAFI okays establishment of 30 new projects within Saudi CPC industrial zone
The General Authority for Investment and Free Zones (GAFI) on Saturday approved 30 new projects set to be…
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399 investors reserve 193 units in 3rd phase of industrial investment map
A number of 399 investors has reserved 193 industrial lands as part of the third phase of the industrial investment…
Egypt to launch 250,000 additional social housing units nationwide
Egypt’s government decided on Wednesday launching 250,000 additional social housing units nationwide.
East Port Said Development to receive 1.5 sqm in Suez canal axis
East Port Said Development company is set to receive 1.5 million metre square from the Suez Canal Economic Zone…
Egypt reviews QIZ unit plans of doubling exports
The Ministerial Economic Committee in Egypt reviewed the findings of the Egyptian committee assigned to study the…
Evergrow to float 25% of its shares on Egypt’s stock exchange by 2021-end
Egyptian fertilizer company Evergrow is planning to sell a 25 percent stake in an IPO on the EGX by the end of …
PepsiCo aims to inject $100m new investments into Egypt
PepsiCo Egypt is looking to invest $515 million in the local market between 2018 and 2021, the company’s chairman…
Egypt’s economy grows 5% in first quarter, misses government target due to coronavirus
Egypt’s economy grew 5 percent in the first quarter, official data showed on Wednesday, lower than the government’s…
U.S. hails IMF loan approval for Egypt, reiterates support for its economic development
U.S. Ambassador to Cairo Jonathan Cohen welcomed on Wednesday the International Monetary Fund's (IMF) approval of…
Egypt’s Evergrow targets less than planned exports of $220 mln in 2020 due to…
Egyptian fertilizer company Evergrow has downgraded its exports target to $220 million down from $280 million as…