News / Egypt

Egypt’s Core Inflation Dips to 33.26% in Sept

Egypt’s core inflation fell to 33.26% year-on-year in September from 34.86% in August

GAFI Approves Establishing 3 New Investment Zones

The General Authority for Investment and Free Zones (GAFI) approved the establishment of three investment zones in Cairo, Qalyubia, and 6th of October City

Egypt, Germany Ink EUR 320 mn Deals to Support Reform Program

Egypt and Germany signed three agreements worth EUR 320 mn on October 10 to support Egypt’s ongoing reform program

Egypt’s Heliopolis Records Housing Units Sale of EGP 68.5 mn in Sept

Real Estate developer Heliopolis Co for Housing and Development recorded EGP 68.5 mn in housing units’ total sales this month

Egypt’s Sisi Inaugurates First Phase of New Administrative Capital

Egypt’s President Abdel-Fattah El-Sisi inaugurated on October 11 the first phase of the New Administrative Capital

First Smart, Green City To Be Built in Aswan: Governor

A plan to build a smart green city in Upper Egypt’s Aswan governorate is currently underway

Uber Inaugurates Cairo Service Center with USD 20 bn Investments

Minister of Investment and International Cooperation Sahar Nasr inaugurated on Tuesday the new service center of the tech-enabled ride-sharing service Uber

Egypt’s Economy to Grow 4.5% in FY2017-18 – IMF

Egypt’s economy is expected to grow 4.5% in FY2017-18 from 4.1% recorded in the previous year

Minister Nasr Discusses Investment Opportunities in South Sinai

Minister of Investment and International Cooperation discussed with South Sinai’s senior official means of boosting investment opportunities in the governorate

Better Home Launches Midtown New Capital

Egypt’s Better Home Group unveiled its first residential project at the New Administrative Capital

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