Egypt’s Il Monte Galala wins best project at Cityscape global 2016
Cityscape Awards for Emerging Markets announced Wednesday that Il Monte Galala, a project for Egyptian property…
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Ain Sokhna
Property developer Emtelak unveils PPP tourist hotel project in Ain Sokhna
Egyptian real estate developer Emtelak is planning to carry out a tourist hotel project in Ain Sokhna, around 120…
National Bank of Egypt signs $100 mln with SUMED
Egypt’s biggest public lender, National Bank of Egypt (NBE) has signed Wednesday a $100 million loan with Arab…
Shark attacks man swimming in Egypt’s Ain Sokhna
A shark attacked an Egyptian man swimming "six kilometers offshore" in the Red Sea city of Ain Sokhna on Saturday,…
Crystal Lagoons to build first man-made lagoons in Egypt’s Sokhna
Egyptian property developer Tatweer Misr has signed Saturday a partnership with Crystal Lagoons Corporation, the…
China’s equipment manufacturer Muyang eyes $150mn Egypt revenues in 2016
Chinese feed equipment manufacturer Muyang Group is targeting revenues worth US$150 million from its businesses in…
Real estate developer Rooya eyes 20-30% IPO on Cairo bourse in Q1
Rooya Group, one of fast-growing real estate developers in Egypt, plans to float 20-30 percent of its shares on the…
Egypt launches Ain Sokhna power station worth $1.3 bn
A new power station opened in Egypt on Wednesday, adding 1,300 megawatts to the country’s electricity grid at a…
Power Plant In Ain Sokhna Starts Producing 650 MW
An Egyptian power plant, run by natural gas and mazut, will start the production of 650 MegaWatts of electricity on…
TDA to Offer 4 Investment Opportunities in Ain Sokhna within Days
Egypt's Tourism Development Authority (TDA) is planning to offer four investment opportunities for integrated…
