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Egypt Signs Final USD 500 mn Tranche of AfDB Budget Support Loan

Egypt signed the third, and final, USD 500 mn tranche of a USD 1.5 bn budget support loan package from the African Development Bank (AfDB)

Egypt’s Bankruptcy Law Credit Positive for Banks: Moody’s

Egypt’s parliament approved on Sunday a new bankruptcy law in further aims to encourage local and foreign investment in the country

Egypt to Open Reservation of 18,061 Residential Units for Expats

Egypt’s Housing Ministry will open its doors in February for Egyptian expats interested in reserving residential units

Gov’t to Start Constructing 15,000 Units in 15th of May City

The Housing Ministry is due to start constructing a  number of social housing units in the southern expansion of 15th of May City

Moody’s Expects Growth in Egypt to Accelerate in 2019

Moody's Investors Service expects Egypt’s gross domestic product (GDP) growth to accelerate from 4.2% in 2017 to around 5% by 2019 and 5.5% by 2021, up from 4.2% in 2017

Egypt Completes EGP 22.5 bn Worth of Bridges, Roads in 3 Yrs

Egypt invested EGP 22.5 bn on roads and bridges between 2014 and 2017

Real Estate Tax Revenues Increase 70% in H1 of FY17/18

Real estate tax revenues increased 70% year-on-year in the first half of FY2017/18

Highlights: Cityscape Egypt Business Breakfast

And it is back! Cityscape Egypt is set to take place from March 28- 31, featuring the biggest companies in real estate and construction. Here are the highlights of its Business Breakfast of last Thursday January 18, 2018

Invest-Gate Kicks Off 2018 With Successful Real Estate Roundtable, More to Come!

Invest-Gate Debuts 2018 with Egypt’s First Strategic Real Estate Roundtable. As Egypt undergoes a new era of mega developments, Invest-Gate Egypt successfully held on January 16, 2018, its first comprehensive “Executive Strategic Roundtable” to tackle trending issues in today’s real estate market, highlighting its opportunities and challenges.

Assem El-Gazzar Appointed Deputy Housing Minister

Assem El-Gazzar was appointed as the Deputy Housing Minister on January 14

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