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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

NUCA, Marriott Int’l Ink MoU for 2 Hotels in New Al-Alamein

The New Urban Communities Authority (NUCA) and the multinational hospitality company Marriott International have signed a memorandum of understanding (MoU) to manage and operate two hotels in New Al-Alamein

Egypt’s Core Inflation Declines to 19.86% in December 2017

Egypt's core inflation decreased year-on-year in December 2017

Egypt Hikes Economic Growth Forecast to 5.3-5.5% in FY2017/18

Egypt has revised up its economic growth forecast for FY2017/18 that began in July to 5.3-5.5% from 4.8% previously

Egypt Tourism Revenues Rise 123.5% to USD 7.6 bn in 2017

Egypt’s tourism revenues increased 123.5% year-on-year to USD 7.6 bn in 2017

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