A high-level German delegation is looking forward to establishing the first international German university in the new capital, head of the New Administrative Capital Authority said on November 13
Egypt-based Marseilia for Real Estate Investment is expecting to record EGP 1.2 bn in sales by the end of this year, while foreseeing that it will achieve sales contracts worth EGP 3 bn in 2019
Egypt's Orascom Development plans to launch a new compound called "O West" in 6th of October City during the first quarter of next year
The Central of Egypt Bank (CBE) announced on November 11 that the annual core inflation jumped to 8.9% YoY in October, up from 8.6% in September, another leap in Egypt’s inflation indicators during the same month
Minister of Tourism Rania Al-Mashat foresees that possibly 10 mn tourists will be visiting Egypt in 2018 in a feat that will see the industry contribute almost 15% to the country's GDP this year
Standard & Poor’s (S&P) Global Ratings affirmed on November 9 the "B/B" long- and short-term foreign and local currency sovereign credit ratings on Egypt with a stable outlook, reflecting the potential of raising the country's rating next year
Egypt's real estate developer Tatweer Misr has inked a memorandum of understanding (MoU) with Global Entrepreneurship (GEN) to develop an entrepreneurship hub in Tatweer Misr's Bloomfields compound in Mostakbal City at an investment cost of EGP 120 mn
Egypt’s property developer Misr Italia Properties and El Mostakbal for Urban Development have inked a deal for the co-development of an integrated residential compound in Mostakbal City with initial investments worth nearly EGP 22 bn and expected sales of EGP 36 bn
Egypt's real estate developer City Edge Developments announced selling all units of the first phase of its newest development in New Mansoura, Zahya, with total sales of EGP 1.5 bn
The Central Bank of Egypt (CBE) announced on November 5 that the country's foreign currency reserves continued its upward trend and increased by USD 44.501 bn at the end of October, a bit higher than USD 44.459 bn in September
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