City Edge Developments (CED) announced the launch of New Alamein Downtown, a project owned by the New Urban Communities Authority (NUCA)
The 2019/20 academic year has officially begun at the Arab Academy for Science Technology and Maritime Transport (AASTMT) in New Alamein, welcoming the first intake of dental and pharmaceutical students.
Egypt's property developer Tatweer Misr announced on September 16 the winners of the third round of its successful entrepreneurship innovation competition, following a booming final pitch night, in the presence of the company's executive board as well as the judging panel.
Sixth of October Development and Investment Company (SODIC) eyes buying a 10% stake in state-run Heliopolis Company for Housing and Development (HHD), coming after the government had nodded passing the latter's management to a strategic property investor.
Egypt’s annual headline inflation rate fell to a six-and-a-half-year low in August, registering 7.5% from 8.7% in July, opening the way for further rate cuts by the Central Bank of Egypt (CBE).
Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, will launch the last phase of west Cairo's AEON Towers next month, while AEON Courtyards’ first phase is set to be delivered in December, ahead of schedule
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has presented to a group of investors the various joint venture opportunities in Historic Cairo, namely projects being developed by the housing and antiquities ministries.
Egypt has topped the list of most attractive African countries to invest in for the third consecutive year, based on South Africa’s Rand Merchant Bank’s 2020 investment report, due to be published next January
Orascom Development Holding (ODH) has announced that occupancy rates of El Gouna’s hotels and residential units hit 100% during the period of El Gouna Film Festival (GFF), to be held from September 19 to 27.
British Secretary of State for the Middle East and North Africa Andrew Morrison said the UK will provide Egypt with GBP 13 mn (EGP 264.04 mn) through the World Bank (WB) to support local investments.
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