Egypt and Japan inked on May 30 an EGP 7.5 mn agreement to back the Egypt-Japan School (EJS), bringing the size of cooperation between both countries in the field of education to USD 285 mn (nearly EGP 4.761 bn)
The Central Bank of Egypt (CBE) said on May 23 the volume of Egypt's foreign trade exchange recorded EGP 47.7 bn in the first half of FY 2018/19 versus EGP 42.85 bn in the year-ago period
Colliers International's "MENA Hotel Forecasts" 2019 report has presented a positive outlook for the performance of the Egyptian hotel market, asserting that the country's hotel market has witnessed 34% growth in Q1 2019
The Address Investments Real Estate Consultancy targets sales worth EGP 3 bn for developers this year.
Trulia for Real Estate has contracted with a group of leading real estate developers in Egypt to market their residential, commercial and coastal projects, with plans to include more projects in its marketing portfolio
Real estate prices in the Egyptian market have hiked by an average of 75% since the EGP flotation in November 2016 until now, backed by rises in implementation costs and materials.
AccorHotels CEO for Middle East and Africa Mark Willis announced plans for opening 60 new hotels in 14 countries in Africa in the next four years
Hashim El Kady, a member of the Egyptian Association for Realtors, said the legal procedures for the association's registration are expected to be completed within one month.
A delegation of Egyptian businessmen met on April 8 with the Saudi Housing Minister Majed bin Abdullah Al-Hogail to discuss future investments in real estate.
Hilton expects to open 100 hotels across the MENA region by 2023, mainly in UAE, Saudi Arabia, Kuwait, Bahrain, Morocco, and Egypt.
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