News / Egypt

Central Bank of Egypt cuts interest rates by 100 basis points

Egypt cut interest rates by 100 basis points for the first time since the currency floatation back in November 2016, Egypt’s Central Bank (CBE) said on Thursday

Egypt Launches Its First Electric Vehicle Charging Station

Egypt launched its first electric vehicle (EV) charging unit by the Revolta Egypt Company in the presence of the Egyptian Minister of Trade and Industry Tarek Kabil

Egypt Welcomes Largest British Trade Delegation in Two Decades

Egypt has received the largest British trade delegation to Egypt in nearly two decades for a five-day visit, concentrating on oil, gas, transportation, education, infrastructure, and health

Egyptian Developer Hassan Allam Properties Acquires 600 Acres in the North Coast

Hassan Allam Properties announced their acquisition of 600 acres in a prime land plot in the North Coast expanding their Mediterranean coastline foot-print in continuous rivalry with any world-class destination

Investments Increase by 20.8% in January 2018

Investments have increased by 20.8% to reach EGP 5.2 bn last month in Egypt

Al Marasem to Invest EGP 29 bn in Fifth Square, Capital Gate

Al Marasem Development, a subsidiary of the multinational construction conglomerate Saudi Bin Laden Group, plans to invest EGP 29 bn in two real estate projects in New Cairo during the coming five to seven years

EGYGAB Developments Launches Phase I in “Granda Life” Compound in Al Shorouk City

Different facilities and amenities such as swimming pools, lakes, running track, kids area, football court, relaxation area, gym, electronic gates, 24 hours security and parking areas are provided

Egypt’s Health Ministry Plans Medical City at New Administrative Capital

The medical city will comprise three hospitals, each one of them will be built on an area of 20,000 square meter and will contain 300 beds

Schneider Electric to Renovate Egypt’s Water, Sewage Stations

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly and Walid Sheta, president of Schneider Electric for North East Africa and Levant Countries have discussed cooperation in the field of renovating potable water and sewage stations

Egypt’s Annual Inflation Rate Continues to Drop in January

Egypt’s annual inflation fell to 17.1% in January from 21.9% in December, achieving its lowest levels since the floatation of the Egyptian pound in November 2016

Page 676 of 840

Login

Welcome! Login in to your account

Remember meLost your password?

Lost Password