Cairo for Investment and Development Company is now accepting applications from local and international investors to reserve 43 ready-to-go factories for leather production and related industries in Robbiki Leather City.

The Egyptian government has offered seven investment projects to investors at several airports across the country.

The Industrial Development Authority (IDA) will not reject requests submitted by serious investors seeking industrial lands in different sectors, Minister of Transport and Industry Kamel El Wazir stated.

Saudi Arabia has announced plans to increase investments in Egypt, as well as converting their deposits in Egypt into investments.

Egypt will start offering from seven to eight old ministerial headquarters for sale to investors within the second half (H2) of the current year.

Egypt is set to showcase appealing investment opportunities in several key sectors during the joint investment conference between Egypt and the European Union (EU), Prime Minister Mostafa Madbouly announced during a virtual meeting with over 200 international investors, representing 110 companies.

The government will provide incentives to investors interested in investing in tourism projects in Egypt and completing their construction before June 2026.

Real estate investors based abroad have controlled 37% of Orascom Development Holding’s (ODH) sales, the firm’s CEO Amr El Hamamsy said.

The General Authority for Investment and Free Zones (GAFI) is currently studying 10 requests from investors to obtain the Golden License, three of which will soon be presented to the Egyptian cabinet for approval.

The Egyptian government is considering offers worth around EGP 8 billion to partner with investors in the real estate sector within the first quarter (Q1) of 2024, Minister of Public Business Sector Mahmoud Esmat.

Egyptian real estate developer MIDAR for Investment and Urban Development is currently in advanced talks with Gulf investors over selling plots of land in US dollar.

Heliopolis Housing is a leading Egypt-based real estate development company that operates in land reclamation and subdivision, residential real estate development and management, property purchase and sale, and project planning and supervising.

Egyptian cabinet has approved amendments to some provisions of Law No.121 of 1982, allowing foreign investors to be registered as importers for a term of up to 10 years.

Egypt’s House of Representatives approved amendment to the Investment Law to provide investors with new incentives and facilitations.

EFG Hermes Kenya has launched EFG Hermes One Kenya App, an all-new digital onboarding process for its online trading platform

Samir said that there is a distinct opportunity in the Egyptian palm oil production market to meet the local market’s demand and export abroad, especially to African countries.

During his meeting with the officials of these companies, Minister of Trade and Industry Ahmed Samir has probed ways to help the companies seeking further investments in Egypt to overcome any challenges they face. Samir stressed that the ministry is keen on constantly coordinating with both local and foreign companies investing in the country to provide all the needed support to expand their projects and promote more investments.

Attracting foreign investors to local debt has become a vital issue for Egypt, which has been isolated from global capital markets for nearly a year.