The Central Agency for Public Mobilization and Statistics (CAPMAS) has revealed that Egypt's annual urban consumer price inflation rate increased for the first time in five months to reach 3.6% in November from 3.1% a month earlier
Elsewedy Electric said its subsidiary Rowad Modern Engineering (RME) has signed an EGP 638.4 mn contract with Al Futtaim Commercial and Administrative Centers (AFCAC) for building and engineering works of office buildings at Podium 2 in east Cairo.
Minister of Supply and Internal Trade Ali Meselhy has laid the foundation stone for the first logistic zone in Monufia Governorate, dubbed "Delta Landmark," which will be developed with investments worth EGP 2 bn
The European Bank for Reconstruction and Development (EBRD) is committed to increasing its investments in Egypt, pumping about EUR 5.3 bn (EGP 95 bn) through the development of 99 domestic projects.
Sixth of October Development and Investment Company (SODIC) is set to reveal “VYE,” the first of three neighborhoods that make up its newest 500-acre integrated project in New Zayed.
London-based Euromonitor International said Egypt made a comeback on account of its tourism reform program, placing Cairo and Hurghada among the world's 100 most visited tourist cities in 2018.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said the volume of investments pumped into west Assiut's Nasser City has reached EGP 7 bn during the last 18 months only,
Egypt's Mousa Coast Developments has announced the delivery of 110 residential units at its South Sinai beach resort "Mousa Coast," with investments amounted to EGP 100 mn in 2019.
DP World Sokhna has inked a trilateral partnership with the China State Construction Engineering Corporation (CSCEC) and the China Ocean Shipping Company (COSCO) to become the main import terminal of Egypt’s New Administrative Capital (NAC).
Marriott International is set to expand further into Egypt with its plans to introduce four more hotels in the North African country in the next five years.
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