The Egyptian Media Production City’s (EMPC) board has ratified the acquisition of the National Bank of Egypt's (NBE) stake in Arabian Hotel Media Production City Co. at EGP 115 per share
The Board of Directors (BoD) of Madinet Nasr for Housing and Development (MNHD) has approved an EGP 150 mn credit facility extended by the United Bank.
Egypt’s DM Development and the Hilton International Hotel Management Group announced plans to introduce a DoubleTree by Hilton hotel in Ain Sokhna, Suez governorate
Prime Minister Mostafa Madbouly has signed off on granting the Egyptian citizenship to foreigners who either buy assets or invest at least USD 250,000 (EGP 4.03 mn) in the country.
The UAE International Investors Council (UAEIIC) plans to double the country's investments in Egypt to USD 14 bn (EGP 225.67 bn) over the next five years, in light of the country's promising investment climate.
Chairman of Saudi Masa Alameriah Group Bandar Alameri said his company will invest EGP 15 bn in New Alamein
City Edge Developments (CED) has appointed Amgad Hassanein to the position of CEO to succeed Amr El Kady who has resigned his position
Etisalat Misr has been awarded a contract by the Administrative Capital for Urban Development (ACUD) for supplying, operating, and maintaining management control systems (MCSs) at the New Administrative Capital (NAC)
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.
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