CNN Names Egypt Among Top 21 Go-To Places in 2021

CNN Travel has featured Egypt among its newest list of top "21 Places to Go in 2021," indicating that the Grand Egyptian Museum (GEM) will turn heads upon inauguration this year due to its proximity to Giza Pyrami ...

Talaat Moustafa to Provide 2 mn Egyptians with COVID-19 Vaccine

Talaat Moustafa Group (TMG) Holding CEO Hisham Talaat Moustafa has inked a cooperation protocol with the Egyptian health ministry to cover the costs of COVID-19 vaccines for about 2 mn unprivileged citizens, as pa ...

Gov’t Extends Deadline for Property Tax Payment Until March-End

Egypt's Finance Minister Mohamed Maait has approved the extension of the deadline for filing real estate tax returns until the end of March 2021.

Public Sector Endows 60% of Egypt’s Annual Property Investments: Abbas

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas has confirmed that the annual investments in the real estate sector stand at EGP 700 bn - EGP 800 bn, of which 60% ar ...

Al Marasem Begins Delivery of New Cairo’s Fifth Square Phase I

Al Marasem International for Development has commenced deliveries at the first phase of its New Cairo project, or "Fifth Square," featuring a total of 576 fully-finished residential units (42 buildings).

Dubai’s Resale Home Deals Hit 7-Yr High: Property Finder

The latest data by Property Finder Group shows Dubai's resale home deals have hit the highest record in almost seven years, with 2,179 transactions sealed in just one month.

EPIS 2020 Edition Bodes Well for Egypt’s Property Market

The 2020 edition of Egypt Property and Investment Show (EPIS) took place from December 3 to 6 to host a diverse range of real estate companies eager to jump back on track and lure as many buyers as possible after ...

NBK Sees COVID-19 Scars on Egyptian Economy Worn Off

The National Bank of Kuwait (NBK) has recently found that the Egyptian economy’s performance promises hopeful prospects, as the worst repercussions of the novel COVID-19 crisis wears off.

Businesses to Return to Pre-Corona Profit Levels Before 2023: HSBC

Results of a recent HSBC poll show that almost nine in 10 (89%) Egyptian businesses forecast revenue growth in 2021, whereas 83% foresee their bottom lines to bounce back to pre-Coronavirus levels by the end of 20 ...

Plans to Unveil Major Archaeological Discovery at Saqqara in January: Hawass

Senior Egyptologist Zahi Hawass has revealed plans to officially announce the new major archaeological discovery of Saqqara Necropolis in January 2021.

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