News | Egypt

  • Egypt Receives 300,000 Tourists Since July: EJB President

    Egypt Receives 300,000 Tourists Since July: EJB President

    Saturday, 17 October 2020

    The Egyptian Junior Business Association (EJB) has uncovered that Egypt has seen a substantial number of tourist arrivals in the recent period, despite the ongoing COVID-19 crisis, with almost 300,000 visitors checking in the country since July.

  • Invest-Gate’s 1st RED Masterclass Makes Way for Digital Business Development in Egypt
    Events

    Invest-Gate’s 1st RED Masterclass Makes Way for Digital Business Development in Egypt

    Friday, 16 October 2020

    In a move that is the first of its kind in Egypt, Invest-Gate has organized the Real Estate Digital (RED) Masterclass, in light of its keenness to help realty professionals and agents embrace timely change and have a strategic digital plan in place to bridge their online and offline business.

  • Gourmet Egypt Streamlines Home Delivery Services

    Gourmet Egypt Streamlines Home Delivery Services

    Tuesday, 13 October 2020

    Food producer and supplier Gourmet Egypt and technology company Softec Technologies have partnered to allow Gourmet’s operations to automate, optimize, and control home delivery as well as the inventory-routing network with artificial intelligence (AI).

  • Informa Markets Sees Hope in Revival of MENA Real Estate

    Informa Markets Sees Hope in Revival of MENA Real Estate

    Sunday, 11 October 2020

    New data released by Informa Markets, organizer of Cityscape’s Real Estate Summit, has revealed that nearly 73% expect Dubai to see the most growth in the hospitality sector over the next two years, as the UAE opens its doors to tourism, with Abu Dhabi, Turkey, Saudi Arabia, and Egypt in tow.

  • ‘Let’s Make Your Home Special:’ IKEA Launches its Online 2021 Catalog in Egypt

    ‘Let’s Make Your Home Special:’ IKEA Launches its Online 2021 Catalog in Egypt

    Wednesday, 16 September 2020

    IKEA, the Swedish pioneer and top-rated brand in furniture and one of Al-Futtaim Group’s companies, has successfully, electronically, and unprecedentedly launched its new edition of the 2021 catalog in Egypt. In fact, the launch coincides with the 70th anniversary of IKEA’s first catalog release, and was curated under the slogan of "Let's make your home special". 

  • Egyptian Real Estate Sees Buoyant Demand: Fitch Solutions

    Egyptian Real Estate Sees Buoyant Demand: Fitch Solutions

    Monday, 14 September 2020

    Fitch Solutions said the introduction of 20 new cities across Egypt, along with the upgrading of 23 existing areas, is stirring up demand for Egyptian real estate, in the face of Coronavirus headwinds.

  • Minister Inaugurates HyperOne Branch in New Sphinx
    Government

    Minister Inaugurates HyperOne Branch in New Sphinx

    Tuesday, 1 September 2020

    Egypt's Minister of Supply and Internal Trade Ali Moselhy has officially inaugurated the newest 50,000-square-meter branch of retail chain HyperOne in New Sphinx, west Cairo, coming with investments valued at EGP 650 mn.

  • Isqan.com to Soon Digitize Property Shopping in Egypt

    Isqan.com to Soon Digitize Property Shopping in Egypt

    Monday, 31 August 2020

    Isqan.com will soon launch to revolutionize the real estate shopping experience in Egypt by providing homebuyers with an integrated digital platform that will enhance their next property purchase.

  • Egypt’s Mortgage Funding Down 84.2% in April: FRA

    Egypt’s Mortgage Funding Down 84.2% in April: FRA

    Wednesday, 26 August 2020

    The Financial Regulatory Authority (FRA) has unveiled that Egypt’s mortgage finance activity dropped by 84.2% last April versus the year-ago figures.

  • All Red Sea Hotels to Reopen by Summer’s End: Official

    All Red Sea Hotels to Reopen by Summer’s End: Official

    Tuesday, 7 July 2020

    Chairman of the Egyptian Hotels Association in the Red Sea Alaa Akel forecast that all Red Sea hotels are projected to resume operations by next October or November, however, at low occupancy rates.