Egy Pack achieved sales of EGP 2bn in 2017

Egy Pack for packaging achieved sales of EGP 2bn last year. Raafat Shafik, head of sales, said that the company aims to maintain the same sales of last year, despite…

Basma Tharwat

Lack of information on land in Egypt leads to wasted resources

Member of the housing committee of parliament Mohamed Khalifa said that the lack of information about land in Egypt leads to the loss of resources in the process of providing…

Shaimaa Al-Aees

Capital Real Estate establishes new company to market administrative, commercial projects

Capital Commercial begins activities by marketing two projects in New Administrative Capital, Sixth of October

Shaimaa Al-Aees

Ryanair profit surges despite flight cancellations

Europe's largest budget airline has reported a surge in quarterly profits. The positive result came despite a flight cancellation crisis that had hit Ryanair after the airline had rostering problems…

Deutsche Welle

11m real estate units in Egypt vacant: MENA for Development Consultancy

Fathallah Fawzy, chairperson of Mena for Development Consultancy, said that vacant real estate units in Egyptreached 11m, 40% of them within the old rental system, while the percentage in cities…

Shaimaa Al-Aees

Nissan, Dongfeng to invest heavily in e-cars in China

Together with its joint venture on the ground, Japanese automaker Nissan is to make a multi-billion-dollar investment in the production of e-cars in China. Beijing's e-car quota system goes into…

Deutsche Welle

Investors praise current economic reforms taken by Egyptian government

Chairperson of Rotana Hotel Management Corporation Nasser Al-Nowais said that there is great interest from the Egyptian government in the Saudi private sector. Al-Nowais added, during the 3rd Egypt Investment…

Shaimaa Al-Aees

Transport Ministry seeks to move 25m tonnes of goods by railway by 2022

Minister of Transport Hisham Arafat said that the coming period will include the enactment of new legislation allowing investors to partner with the state on railway projects, and that the…

Shaimaa Al-Aees

New land offerings to be announced in March: minister

Over next 3 years, New Alamein will be among most important tourist destination, says Madbouly

Shaimaa Al-Aees

Industrial investment map offers more than 4,800 investment opportunities: minister

Under the auspices of President Abdel Fattah Al-Sisi, the 3rd Egypt Investment Forum, organised by the General Federation of Chambers of Commerce in collaboration with the Union of Arab Chambers…

Shaimaa Al-Aees