Friday 28 July 2017
 
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Egypt

Abraj Misr to launch new phase of Egypt project

Egypt’s property developer Abraj Misr Company is planning to launch a new phase of its flagship development - The Shore - in the northern coastal area of Ras El Hekma over the next few days. This will be launched under the n

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Egypt aims to attract $30bn investment to SCZone

The Egyptian government aims to attract foreign and local investments worth $30 billion to the Suez Canal Economic Zone (SCZone) over the next five years, said an Egyptian ministry official. The ministry is cooperating with the SC

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Four firms vie to set up wind farm at Gulf of Suez

Four international companies are vying to establish a 250MW wind farm in the Gulf of Suez in Egypt, a report said. The companies include Vestas and Siemens, as well as Enercon and Ray Power, Daily News Egypt reported, cit

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Four firms vie to set up wind farm at Gulf of Suez

Four international companies are vying to establish a 250MW wind farm in the Gulf of Suez in Egypt, a report said. The companies include Vestas and Siemens, as well as Enercon and Ray Power, Daily News Egypt reported, cit

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PharmaPlast plans new factory in Egypt

Egypt-based PharmaPlast, a pharmaceutical company operating in Alexandria’s general free zone, recently announced its plans to establish a new factory in the Industrial Borg El-Arab City in 2018, said a report. The company b

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Abu Dhabi fund grants $1bn for projects in Egypt

The Abu Dhabi Fund for Development (ADFD) has provided a total of Dh4 billion ($1.08 billion) worth of grants and concessionary loans to Egypt for 64 development projects, a report said. The constructive cooperation between ADFD a

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Abu Dhabi fund grants $1bn for projects in Egypt

The Abu Dhabi Fund for Development (ADFD) has provided a total of Dh4 billion ($1.08 billion) worth of grants and concessionary loans to Egypt for 64 development projects, a report said. The constructive cooperation between ADFD a

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Hassan Allam wins Egypt road contracts

Egypt’s state-run construction firm Hassan Allam has won a mandate to execute a number of road projects in Cairo and other governorates during the first six months of the financial year 2016/207, said a report. The projects

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Medochemie to invest $23m in Egyptian factory

Cyprus-based Medochemie, a pharmaceutical company, seeks to invest €20 million ($23.06 million) to launch a factory in Egypt, said a senior official of Industrial Development Authority (IDA). Medochemie, established in 1976 i

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Egypt to suspend visa-free entry for Qataris

Egypt has announced plans to withdraw its visa-free entry facility for Qatari nationals, said a report. The decision, which comes amid ongoing diplomatic crisis between Qatar and four Arab nations, will come into effect on July 20

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