The devaluation of the Egyptian pound has dented revenue at contractor Orascom, although this was partially offset by a strong performance in the US.
22.05.2024
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News by
construction briefing
In 2022, Egypt launched an initiative to export real estate with an aim to bolster the local property market and increase foreign currency reserves.
21.05.2024
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News by
economy middle east
El-Gazzar highlighted that the project’s developer has established the plans, secured ministerial decisions, and acquired the necessary licenses.
20.05.2024
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News by
Egypt Today
The Egyptian government said it has received $14 billion as the second batch of funding from the $35 billion Ras El-Hekma development deal.
16.05.2024
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News by
Ahram Online
These initiatives align with the country's objective of welcoming 30 million visitors by 2028 and expanding its hotel capacity by almost 250,000 rooms
09.05.2024
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News by
Egypt Today
Madbouly acknowledged the promising opportunities Egypt holds for attracting foreign investment in its real estate sector, especially touristic.
09.05.2024
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News by
Egypt Today
Investments valued 2.9 billion pounds will be directed to the Suez Canal, with a share of 45 percent, followed by the higher education sector.
07.05.2024
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News by
Egypt Independent
Spanning over 30,000 square metres, the fourth phase will offer a variety of unit sizes including duplexes, company CEO Karim Shaalan told Zawya.
07.05.2024
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News by
Zawya
The new project boasts a modest built-up area, occupying only 30% of the total land, with buildings spanning 106 sqm in width.
06.05.2024
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News by
MENAFN
Abbas estimated the ACUD assets at around EGP 300 billion. Their value is expected to triple following the liberalization of the local currency.
02.05.2024
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News by
Ahram Online
The surge in production was driven by the decline in prices over the past two months as well as the availability of US dollar liquidity.
02.05.2024
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News by
Zawya
The nation’s economic and financial performance is improving, he assured, adding that “we expect better indicators than the target by the end of June.
02.05.2024
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News by
Egypt Independent
The group also submitted an offer to acquire companies within Egypt’s IPO program, expecting negotiations to be completed within 6 months.
22.04.2024
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News by
Egypt Today
Situated in Sharm El-Sheikh on the Red Sea, Ras Gamila holds significant potential for development.
22.04.2024
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News by
Ahram Online
Scheduled for 30 April, in Cairo, the event aims to delve into investment prospects and feasibility of establishing companies in Egypt, UAE and KSA.
22.04.2024
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News by
Ahram Online
This increase can be fulfilled through cash or its equivalent in foreign currencies at the exchange rate announced by the Central Bank of Egypt (CBE).
21.04.2024
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News by
Egypt Today
These include the Four Seasons Hotel, Rosewood Residence and Hotel, Six Senses Residence and Hotel, and a medical wellness resort also in Triple Bay.
21.04.2024
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News by
construction week online
Heliopolis Company for Housing and Development announced that the financial evaluation is expected to be concluded by the end of April 2024.
18.04.2024
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News by
Zawya
Amlak Mortgage Finance disbursed EGP 252.133m to 2,320 clients, while Tamweel Mortgage Finance allocated EGP 68.666m to 602 clients.
17.04.2024
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News by
Daily News Egypt
Twenty-five percent of the city's surface area will be an industrial zone located in the southern section in the desert.
08.04.2024
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News by
Egypt Today
