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28 Feb 2017

Property developer Tatweer Misr to execute 1,000 hotel rooms in IL Monte Galala

Egypt-based property developer Tatweer Misr is planning to implement 1,000 hotel rooms in IL Monte Galala project in Ain Sokhna, managing"......

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28 Feb 2017

Participating in Gulfood 2017 would boost Egyptian exports, top diplomat

The participation of 130 Egyptian firms in Gulfood 2017, a food and beverage commodity expo, reflects development in food industries sector and ability to offer high quality products, which can compete in foreign markets, said Egypt’s ambassador"...

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28 Feb 2017

Egypt to export Nasr-Lake fish to Gulf markets by 2018

With the aim of supplying Egyptian-produced fish to both domestic and international markets, El Masreya For Fish Marketing, a subsidiary of Ministry of Supply and Internal Trading's Food Industries Holding Co., is building in Aswan, an upper-Egypt"...

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27 Feb 2017

Egypt enhancing sports cooperation with Hungary

The Hungarian ambassador to Egypt, Péter Kveck, met with the Egyptian Minister of Youth and Sports, Khaled Abdel Aziz, on 21 February at the ministry’s headquarters. The meeting aimed at boosting bilateral relations in the field of sports, especially sports training.

Abdel Aziz"...

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27 Feb 2017

Darwish is to present SCZone development plans during “Builders of Egypt” forum

The head of the Suez Canal Special Economic Zone (SCZone), Ahmed Darwish, is set to present during the third round of the “Builders of Egypt” forum—launching 14 March—the development plan for the zone in the coming years and the ability to attract investors, along with the opportunities available for local investment and the role of Egyptian...

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27 Feb 2017

Egypt to increase visa fees for incoming tourists by 140%

Tourists will have to pay $60 for their entry visa to Egypt, compared to the previous $25 for single entry and $70 for multiple entry visas, Egyptian airport officials said.

They also added that banks and travel and tour agencies have received notifications from the Ministry of Foreign Affairs"...

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27 Feb 2017

El-Mullah, Chinese delegation discuss funding Egyptian petroleum projects

Petroleum Minister Tarek el Mullah received on Thursday 23/02/2017 Africa General Manager of the Industrial and Commercial Bank of China Ivy Tsai and her accompanying delegation to discuss means of fostering cooperation in the field of funding"...

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27 Feb 2017

Electricity Minister: Dhabaa nuclear plant project at final stages

Minister of Electricity and Renewable Energy Mohamed Shaker said the project to build Dhabaa nuclear power plant has reached its final stages, which include signing the contracts of establishment and operation.

Shaker's"...

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27 Feb 2017

Property developers to offer glimpse into Egypt’s future at Cityscape 2017

An array of affordable apartment complexes, coastal residences, and ultra-modern villas will be showcased at this year’s Cityscape Egypt, proving that the real estate industry is optimistic about the market’s prospects for 2017.

“While"...

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27 Feb 2017

CIB, AAIB studying new financing for Egypt’s Madinet Nasr Housing

Egypt’s largest listed lender, Commercial International Bank (CIB) along with the Arab African International Bank (AAIB) are considering a new financing for Madinet Nasr for Housing and Development worth 200 million Egyptian pounds ($12.6 million).

The"...

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