Egyptian Minister of Investment and International Cooperation Sahar Nasr revealed on October 16 that an agreement was reached with the World Bank (WB) to provide the country with a new funding of USD 3 bn during the next few months
The Egyptian Authority of Real Estate Proclamation and Notarization has signed a protocol with state-run e-finance company to digitize payment of all real estate-related services provided by the Real Estate Publicity Department as it attempts to provide a faster payment experience for citizens
Moody’s Investors Service, a leading credit rating agency, has upgraded its outlook for Egypt’s banking system to positive from stable as economic growth revives, bolstering credit growth, banks’ profitability, and internal capital generation
Egypt’s annual urban consumer inflation rose to 15.97% in September from 14.24% in August, yet it dropped by 17% from 32.9% recorded in the same month last year
Saudi Arabia, Kuwait, and UAE have signed on October 4 a financial support agreement worth USD 10 bn with Bahrain to aid the country's funding requirements as it embarks on a fiscal program aimed at eliminating its budget deficit by 2022
The Egyptian government has recently revealed details on the chosen design for the New Administrative Capital's services area -"Oasis"- which is in the middle of a central park and service area
Egypt's net foreign reserves continued its upward trend and surged to USD 44.459 bn at the end of September, compared to USD 44.419 bn a month earlier
Egypt's government approved on October 2 an agreement worth USD 1.2 bn with the United Nations Partnership Development Framework (UNPDF), covering the period from 2018 to 2022
The World Bank (WB) expected Egypt’s growth rate to hit 5.6% during FY 2018/19, backed by private consumption, a recovery in the tourism sector, and the operationalization of recently discovered gas fields
JANNA luxury housing project, launched by the Housing Ministry, will offer units in the best locations in Sheikh Zayed, 6th of October City, Obour City, El Shorouk City, New Damietta, and New Minya
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