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Egypt to set up 1st sovereign fund by end-2018: al-Saeed
Egypt is set to launch its first sovereign fund by the end of the year and will start a promotional tour in the…
Africa Re raises investments in Egypt
African Reinsurance Company (Africa Re), a reinsurance leader in the Middle East and Africa, has increased its…
Master Builders posts EGP 500mn contractual sales from Pukka New Capital
Egypt’s Master Builders Group (MBG) says it has achieved contractual sales of 500 million Egyptian pounds ($28.1…
NUCA to execute New Alamein’s 7,000 housing units among Iskan Misr
Egypt’s New Urban Communities Authority (NUCA) says it is planning to carry out 7,000 housing units, including 300…
Egypt Madinet Nasr Housing unveils signing CIB’s loan deal
Egypt’s Madinet Nasr for Housing and Development says that it has signed a loan agreement of one billion Egyptian…
Egypt’s Sisi appoints Madbouly as Prime Minister
Egyptian President Abdel Fattah al-Sisi appointed Housing Minister Mustafa Madbouly as acting prime minister on…
Egypt top Africa destination for investment: UNCTAD report
Egypt ranked first in Africa in terms of foreign direct investment (FDI) flows, recording $7.4 billion in 2017,…
German KfW Development Bank, GIZ opening new offices in Cairo
Germany and Egypt signed an agreement on Thursday for German state-run KfW Development Bank and German Agency for…
AfDB planning to finance new projects in Egypt
The African Development Bank (AfDB) is planning to finance new energy, industrial, and agricultural projects in…
Egypt Hassan Allam to develop Alexandria’s hotel project in H2
Egypt’s construction firm, Hassan Allam says it seeks to start developing a hotel flagship in Muharram Bek Square…
