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German Minister for Economic Affairs Visits Egypt to Review Country’s Progress

Germany's Federal Minister for Economic Affairs and Energy Peter Altmaier is visiting Egypt from February 2 to 4, accompanied with an economic and parliamentary delegation, attempting to scrutinize the progress made through the country's economic reforms, while strengthening economic relations between both parties.

MBG to Launch 2 Tourism Projects in Ain Sokhna, North Coast

Cairo-based real estate developer MBG Development is currently preparing to launch two tourism projects in Ain Sokhna and the North Coast.

ACUD Delegates Visit France, Austria to Market NAC Project

A delegation of the Administrative Capital for Urban Development (ACUD) flew to Austria and France on February 2 to communicate with the Egyptian community abroad, as well as the international media, aiming to introduce them to the New Administrative Capital (NAC) project, east Cairo

Marseilia Inks Deal to Develop New Urban Project in NAC

Egypt’s Marseilia Real Estate Investment Group, a subsidiary of Marseilia Group, has signed an agreement with Misr for Investment and Urban Development for the development of a new urban project at the New Administrative Capital (NAC).

ODE Officially Joins EGX30

Orascom Development Egypt (ODE), the largest subsidiary of Orascom Development Holding (ODH) in Egypt, has been officially added to the main Egyptian benchmark index "EGX 30," which includes the top 30 companies listed on the Egyptian Stock Exchange (EGX).

OECD Raises Egypt’s Rating as Attractive Destination for Investment

The Organization for Economic Cooperation and Development (OECD) has raised Egypt’s rating on the country risk index from level six to five as an attractive destination for investment.

Planning Ministry Signs 2 Cooperation Procotols for State Employees

Egypt's planning ministry has signed two cooperation protocols with UK-based King's College London and Washington-based American University on raising the efficiency of employees of the state's administrative apparatus in preparation for the transition to the New Administrative Capital (NAC).

Remco Achieves EGP 3 bn Sales From 2 Projects in East Cairo

Egypt-based Remco for Tourism Villages Construction has uncovered that sales of two of its newest projects in east Cairo have generated a total of EGP 3 bn so far.

RFCO Launches 3rd Phase of NAC’s IL Mondo Compound

Ramy Fares Company for Construction Development (RFCO) has announced the launch of the third phase of its project, IL Mondo, New Administrative Capital (NAC), with expected sales surpassing EGP 2 bn

Invest-Gate’s “Branded Residences & Hotel Apartments” Roundtable Stands Significant

Branded Residences & Hotel Apartments Roundtable held by Invest-Gate gains significance among developers in Egypt, claiming its products as necessary for the Egyptian market.

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