News / Egypt

Int’l Companies to Operate in Ain Sokhna Early 2018

A total of 21 international companies will begin operating in the Ain Sokhna industrial zone in January 2018

ARDIC to Launch “Zizinia El Mostakbal” Phase II Soon

The new phase of the residential project “Zizinia El Mostakbal,” located in Mostakbal City, will be launched this month

CBE Keeps Main Interest Rates on Hold

Egypt’s central bank said in a statement it left its main interest rates unchanged on Thursday at a meeting of its monetary policy committee

Egypt to Keep Customs Exchange Rate Unchanged for October

Egypt will keep its customs exchange rate unchanged

BADEA Grants USD 50 mn Credit Line to Egypt

The Arab Bank for Economic Development in Africa (BADEA) agreed on September 27 to grant Egypt a line of credit (LOC) during its BoD meeting in Khartoum

Al-Ahram Conference Discusses Real Estate Challenges Next Month

Al-Ahram Institution will hold a real estate conference on October 2 to discuss the market’s current opportunities and challenges

Gov’t to Deliver 4,464 units in Dar Misr Phase I

The Armed Forces Engineering Authority completed new units in the first phase of Dar Misr medium-income housing project

Thomas Cook Mulls Resuming Flights to Egypt

British travel agency Thomas Cook unveiled plans to resume flights to Egypt in the near future

Egypt Seeks to Diversify its Tourism Market

Egypt’s tourism sector is taking a number of steps to create a diversified market for attracting foreign tourism

Egyptian Iron and Steel Suffers EGP 750.26 mn losses in FY2016-17

Egyptian Iron and Steel posted a 21.9% year-on-year rise in losses for FY2016-17

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