News / Egypt

Sustainability

View More

Investment

View More

Government

View More

Developers

View More

Construction

View More

Infrastructure

View More

Land

View More

Events

View More

Real Estate Developers Combat COVID-19

View More

Business

View More

Egyptian Expats’ Remittances Jump 43% in May: CBE

The Central Bank of Egypt (CBE) said remittances of Egyptian expatriates, one of the country’s main sources of foreign currency, leaped to almost USD 3 (EGP 49.7) bn in May, up 43% from USD 2.1 (EGP 34.8) bn a month earlier.

East Port Said Gets Approval for Multi-Purpose Terminal

Egypt's cabinet ratified on August 22 a concession agreement to design, construct, manage, operate, and maintain a multi-purpose terminal at East Port Said Port, located east of the Suez Canal’s northern entrance.

City Line Completely Constructs Blue Valley Phase I

Egypt-based City Line Developments has finalized construction works on phase I of Blue Valley resort, located in New Alamein, North Coast, which was carried out within record time in less than two years.

IKEA Opens Mini Store in Mall of Arabia

Sweden-based retail giant IKEA inaugurated on August 26 a new small-format store at phase II extension of Marakez for Real Estate Investment's Mall of Arabia, better known as "The Expansion," amid celebrating six years of success in the Egyptian market.

Cleopatra Hospital Forms JV to Revamp Beni Suef’s Nahda Hospital

Egypt-based Cleopatra Hospital Group (CHG) has inked a joint venture (JV) agreement with Nahda University for Education and Management and Taaleem Management Services to renovate and operate Nahda Hospital in Beni Suef, with investments up to EGP 360 mn.

Egypt’s Free Zone Exports Hit USD 10.1 bn in 6M

Egyptian free zones, operating with roughly 1,090 projects, logged exports worth USD 10.1 bn (EGP 167.4 bn) during the first six months of 2019, coming with a capital of USD 12.1 bn (EGP 200.4 bn) and foreign direct investments (FDIs) of USD 2.1 bn (EGP 34.8 bn).

NUCA Allocates Plots for 6 Mixed-Use Projects in Sadat City

The New Urban Communities Authority (NUCA) has allocated six land plots in Sadat City, Monufia Governorate, for various activities (residential, commercial, administrative, industrial, etc.).

CBE Cuts Interest Rates for 1st Time in 6M

The Central Bank of Egypt (CBE) announced that the Monetary Policy Committee (MPC) has decided to cut interest rates by 150 basis points, marking the first cut in six months or since February

Ora Developers Kicks off 1st Edition of ZED Club’s Cup

Ora Developers has unveiled that the first edition of its ZED Club’s Cup football tournament will be held on August 25 at the newly-launched ZED Park, west Cairo, under the auspices of Egyptian Ministry of Youth and Sports.

Gov’t Implements EGP 473 mn Water Projects in Ismailia

Egypt’s housing ministry is implementing five new potable water and sanitation projects in Ismailia Governorate, with investments worth EGP 473 mn, aiming to suffice 260,000 locals.

Page 561 of 830

Popular Tags

Login

Welcome! Login in to your account

Remember meLost your password?

Lost Password