DEGAROUTE, one of the world’s leading companies in specialty chemicals, was awarded a new project in Egypt to develop 500 kilometers of Cairo-Sharm El Sheikh highway in both directions
The Central Bank of Egypt (CBE) announced on April 3 that the country’s net foreign reserves rose to USD 44.11 bn by the end of March, compared to USD 44.06 bn in the month-ago period.
Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, has acquired a 47-acre land plot from the Internal Trade Development Authority (ITDA) in Mansoura city to develop a new internationally modeled commercial mall.
The International Monetary Fund (IMF) said on April 6 that Egypt's total public debt is expected to continue shrinking to nearly 74% of the gross domestic product (GDP) by 2022/23, on the back of the implementation of its economic reform program.
Egypt's Orascom Development Holding (ODH) has achieved record-high net real estate sales of EGP 3.47 bn in FY 2018, excluding its newest residential project O West, compared to sales of EGP 2.19 bn a year earlier.
US-based credit rating agency Moody's has announced its forecasts for the Egyptian economy, following the government's approval of the budget for the fiscal year 2020.
ARDIC for Real Estate Development and Investments has signed a cooperation protocol with the Federation of Cooperative Housing (FCH) to deliver 500 units of Zizinia El Mostakbal's total number of residential properties - or 25% of the project, situated in east Cairo.
ERA Real Estate Egypt targets achieving sales worth EGP 3.6 bn for property developers in 2019, compared to EGP 3 bn in 2018.
Egypt’s real estate developer MBG Development has achieved EGP 300 mn in sales of Pukka project in the New Administrative Capital (NAC) in during its participation at Cityscape Egypt exhibition, which was held from March 27 to 30.
New Plan Developments achieved EGP 192 mn in sales of its three projects in the New Administrative Capital (NAC) during Cityscape Egypt 2019, from March 27 to 30.
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