Orascom Development Egypt (ODE) closed 2019 on a solid operational and financial stance, achieving FY 2019's targets, and recording EGP 6.9 bn of net real estate sales, the highest value in ODE’s history, Invest-Gate reports.
Al Ahly Sabbour, the leading real estate developer, joined forces with the Tahya Masr Fund to supply COVID-19 patients with ventilators and a total of 75,000 test kits to help identify cases, Invest-Gate reports.
Egypt’s Minister of Finance and Coordinator of the Cabinet’s Economic Cluster Mohamed Moeit announced that export enterprises will be exempted from introducing the fiscal position certificate required for disbursing arrears, Ahram Online reports.
Talaat Mostafa Group's (TMG), the Arab Company for Projects and Urban Development, succeeded in getting the approval of issuing Sukuk, or Islamic bonds, worth EGP 2 bn
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said that the most distinguished, social housing, and Bayt El Watan projects in New Obour City will see utilities installed
Egypt’s President Abdel-Fattah El-Sisi announced several measures to cushion the negative implications of the pandemic outbreak on the economy
The New Urban Communities Authority’s (NUCA) Vice President Kamal Bahgat said that Fardous Compound has seen 80% of its 1,470 social housing units finalized in Sadat City
أكدت هيئة المجتمعات العمرانية الجديدة أن نسبة الإنجاز بمشروع الإسكان الاجتماعي بحي الفردوس في مدينة السادات بلغت ما يقرب من 80%، حيث يجرى تنفيذ 1470 وحدة سكنية داخل 87 عمارة،
Egypt's President Abdel-Fattah El-Sisi said he is not in favor of suspending all businesses in the country due to the coronavirus (COVDID-19)
The Central Bank of Egypt (CBE) announced on April 7 suspending blacklists (I-Score) for 8,000 enterprises and negative lists for 100,000 individuals
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