Egypt has received USD 2 bn from the International Monetary Fund (IMF), drawing the sixth and final tranche of the USD 12 bn, three-year loan program that kicked off back in November 2016
The Central Bank of Egypt (CBE) said transfers by non-residents for real estate purchases in the country has spiked to USD 725.7 mn during the first nine months of FY 2018/19.
New Urban Communities Authority's (NUCA) board of directors approved on June 17 a mechanism to deal with investors' requests for land plots offered in new cities, endeavoring to facilitate purchase procedures and ...
The Central Bank of Egypt (CBE) has indicated that the country managed to add USD 112 mn to its reserves base in May to close the month at USD 44.274 bn, compared to USD 44.218 bn at end-April
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported a 1.1% rise in Egypt’s annual headline inflation rate in May, hitting 14.1%, up from 13% a month earlier.
The Egyptian Real Estate Council (ERC) has proposed renewing interest rates applied on mortgage financing for would-be middle-income homebuyers to range from 8 to 12%
The Central Bank of Egypt (CBE) will reintroduce subsidized mortgages worth EGP 50 bn for middle-income individuals, thereof, a committee of members from the bank, local banks, and real estate developers will be f ...
The Central Bank of Egypt (CBE) said on May 23 the volume of Egypt's foreign trade exchange recorded EGP 47.7 bn in the first half of FY 2018/19 versus EGP 42.85 bn in the year-ago period
The Central Agency for Public Mobilization and Statistics (CAPMAS) has reported that Egypt's annual headline inflation rate dipped to 13% in April from 14.2% in the prior month.
The Central Bank of Egypt (CBE) announced on May 5 that the country’s net foreign reserves surged to USD 44.218 bn at end-April, compared to USD 44.030 bn in the prior-year period.
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