News / Egypt

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

Egypt’s Annual Urban Inflation Falls to 31.6% in September

Egypt’s inflation indicators continued to ease slightly in September compared to figures recorded in August

KarmSolar to Build USD 23 mn Solar Stations in 2018

Egyptian solar technology company KarmSolar has signed a private power purchase agreement with Dakahlia Group's subsidiaries to provide them with 75% of their energy needs

Misr Italia Launches IL BOSCO in New Capital

Egypt’s real estate developer Misr Italia is launching its first residential compound in the New Administrative Capital

Remittances from Egyptian Expats Rises 40% in August YoY

The Central Bank of Egypt (CBE) said remittances from Egyptian expats rose 40% year-on-year in August

Egypt’s CAPMAS Reveals Latest Population, Housing Census

Census data showed that the total number of buildings in 2017 hit 16.18 mn versus 11.59 mn buildings in 2006 with an increase of 39.5%

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