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

Egypt Revenues Leap 35.5% in Q1 FY2018/19: Minister

Egypt's Finance Minister Mohamed Maait said that the state's revenues soared by 35.5% in Q1 of FY 2018/19, putting the government on track to achieve its targeted primary budget surplus of 2%

EFG Hermes’ NBFIs Platform Generates Revenues of EGP 286 mn in Q3

Egypt's EFG Hermes Holding's Non-Bank Financial Institutions (NBFIs) platform maintained its remarkable rate of expansion, growing at 81% YoY to record revenues of EGP 286 mn in Q3 2018, with Tanmeyah Micro Enterprise Services (Tanmeyah) being the main contributor to the surge

Palm Hills’ Profits Rise 37% to EGP 640.2 mn in 9M

Egypt's property developer Palm Hills Developments has posted a 37% hike in net profits, which reached EGP 640.2 mn in the first nine months of 2018 versus net profits of EGP 466.6 mn during the corresponding period last year, taking into account minority interests

Invest-Gate Holds 1st Executive Meeting Following Its “Real Estate & Tourism Development” Roundtable

After the huge success of the “Real Estate & Tourism Development” roundtable last October, Invest-Gate held its first executive meeting on November 18 to discuss all action plans that should take place to execute all the roundtable’s recommendations

Al Ahly to Launch New Integrated Compound in 6th of October City

Cairo-based Al Ahly for Real Estate Development seeks to launch a new integrated residential compound in 6th of October City by year-end, in partnership with the Egyptian government, at an estimated cost of EGP 7 bn

Housing Ministry Inks MoU With Global Firm for New Projects in New Alamein

The Egyptian housing ministry has signed a memorandum of understanding (MoU) with global hospitality group Nikki Beach Hotels to operate and manage a hotel resort as well as a residential project in New Alamein, in a bid to increase the number of foreign investments and developments in the new coastal city

Demand for Egypt’s Infrastructure Development Unprecedented: Orascom Construction

CEO of Egypt's Orascom Construction Osama Bishai said that although Egypt's IMF-backed reforms had inevitably resulted in a number challenges for the construction sector, the current level of demand for infrastructure across the country could be described as "unprecedented," with plenty "still to do"

Egyptian Expats’ Remittances Grow 20.4% YoY in September: CBE

The Central Bank of Egypt (CBE) has announced that remittances from Egyptian expats, one of the country's main sources of foreign currency, jumped by 20.4% YoY in September to reach USD 1.8 bn, up from USD 1.5 bn in the same month in 2017

Egypt Aims to Reduce Budget Deficit to 7% in FY 2019/20

The Finance Ministry's FY 2019/20 draft state budget targets reducing Egypt's total budget deficit to 7% of the country's GDP, down from 8.4% in the current fiscal year, anticipating to see the deficit shrinking to 5.6% of GDP in FY 2020/21 and 3.9% in 2021/22

Egypt’s GDP Up to 5.3% in Q1 2018: Minister

Egypt’s Planning Minister Hala El-Saeed said that the country’s GDP jumped to 5.3% in Q1 2018, which began in July, compared to 5.2% in the prior-year period, amid the government's invested efforts to achieve comprehensive reforms in all sectors to maintain its upward trend

Page 630 of 836

Popular Tags

Login

Welcome! Login in to your account

Remember meLost your password?

Lost Password