Egypt is holding talks with the International Monetary Fund (IMF) over a non-financial structural reform program, which will be focusing on abolishing bureaucracy to lure more private investments
Elsewedy Industrial Development (SD), a subsidiary of Elsewedy Electric, launched a roadshow in Paris, France on February 10 during the "French Egyptian Commercial and Industrial Day"
Skywalk Developments has launched its first flagship project in the 6th of October City, with investments exceeding EGP 8 bn
Vice Governor of the Central Bank of Egypt (CBE), Gamal Negm, said that units must be fully finished for them to become eligible to enjoy the mortgage finance government initiative, Invest-Gate reports.
The Egyptian cabinet has finally approved the long-awaited amendments to the Real Estate Registry Act that would facilitate procedures for registration of property units
The New Cairo City Authority handed over on February 10 a new batch of residential units at the first phase of the Dar Misr middle-income housing project
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has stated that 816 residential units, or 34 buildings, have been implemented in the JANNA luxury housing project in Obour City
Egypt’s net foreign reserves hit $45.457 bn at the end of January, from $45.42 bn in December, Invest-Gate reports.
Egypt's annual headline inflation rate recorded 7.2% in January 2020, compared to 7.1% in December 2019
Ahmed Zaki Abdeen, chairman of the New Administrative Capital for Urban Development (ACUD), said that the 40,0000-acre first phase of the New Administrative Capital (NAC) has seen investments worth EGP 300 bn, all of which is self-financed
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