News / Egypt

Egypt Parliament Approves Financial Leasing, Factoring Law

Egypt's parliament has approved on Saturday, June 23, a financial leasing and factoring bill in a general session headed by Parliament Speaker Ali Abdel Aal, in the presence of Minister of Investment and International Cooperation Sahar Nasr

Egypt to Receive 4th Tranche of IMF Loan July-End

Minister of Finance Mohamed Moeet has revealed that Egypt is set to receive the fourth tranche of the International Monetary Fund's (IMF) loan package by the end of July 2018

Egypt Disburses EGP 1.5 bn to Install Energy-Saving Street Lights

Egypt’s Ministry of Finance (MoF) announces a disbursement of EGP 1.5 bn to fund the first and second phases of its plan to displace the country’s street lights by energy-saving bulbs

Marseilia to Invest EGP 5.5 bn in Projects This Year

Egypt-based real estate developer Marseilia Group reveals its plans to invest EGP 5.5 bn to develop two projects in 2018

New Units to be Offered in Social Housing Project

Around 18,500 residential units will be available for reservation as part of the social housing project

SODIC Launches New Project in North Coast

Egypt's Sixth of October for Development and Investment (SODIC) has launched its latest project in North Coast, MALAAZ, Invest-Gate reports.

TMG Holding Sales Reach EGP 11 bn Year To Date

Egyptian real estate developer Talaat Moustafa Group Holding (TMG) have achieved sales worth EGP 11 bn up to date since the beginning of 2018

City Edge Launches North Edge Towers in New Alamein

Egypt’s City Edge Developments announced the launching of the first phase of its North Edge Towers, the first residential towers project in New Al-Alamein City

Booklets for 20,000 Sakan Misr Units Offered June 3

Booklets were offered for reserving more than 20,000 housing units in the second phase of Sakan Misr project starting from Sunday, June 3

Egypt’s Foreign Reserves Climb to New Record at End-May

Egypt’s net foreign reserves rose to USD 44.14 bn at the end of May compared to USD 44.03 bn recorded at the end of April

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