COOKIE NOTICE

We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by closing this message box or continuing to use our site. To find out more, including how to change your settings, see our Cookie Policy

Ras El Hekma

Egypt's Ras El Hekma deal drives COMESA FDI inflows up 154% to $65B in 2024

The newly released COMESA Investment Report 2025 attributed the sharp rise to Egypt’s Ras El Hekma megaproject, which played a pivotal role in reshaping investment trends across the region.

Egypt’s privatization program hits 244.8% of target driven by Ras El Hekma deal

The report showed that program completion surged to 244.8 % of its original target once the deal was factored in, signaling that the initiative has surpassed its goals for attracting foreign direct investment.

From Currency Floats to Ground-breaking Investments | The Top Stories of 2024

Business Today Egypt looks back at 2024 to highlight the year’s top stories and most impactful events that have left a mark on Egypt’s economy.

Egypt close to handing over Ras El-Hekma lands to Emirati partner | PM

The Prime Minister held a meeting today to discuss the latest updates on the execution of the first phase of the Ras El-Hekma City Development Project and to review the status of compensation provided to residents in the area.

Egypt achieves $30B from 18 deals through IPO program | IDSC

These deals include the development of the Ras El-Hekma City project.