A total 879 projects were announced, marking a 71% increase from 2021. The UAE also accounted for 41% of FDI projects across the MEA and 15% of jobs created in the region. The number of FDI projects ...

In recent decades, though, most of Egypt’s mega-projects have been symbols of poor planning. In 1997 Hosni Mubarak started work on Toshka, a 310km canal meant to irrigate the Western Desert.

The museum, a mega-project near the famed Giza Pyramids which has cost well over $1 billion so far, will open the halls for 4,000 visitors per day starting Wednesday, said Al-Tayeb Abbas ...

The government of Egypt has placed a strong emphasis on infrastructure development and construction as key engines of urban growth and financial stability in the years since the country embarked on an ...

President Abdel Fattah El Sisi said that the size of the ongoing national projects is a "great opportunity" and a "promising market" for foreign companies to invest in the various development domains.

Egyptian President Abdel Fattah al-Sisi on Saturday postponed the launch of mega-projects including the Grand Egyptian Museum and moving civil servants to a planned new capital city to 2021 from ...