Tatweer Misr Completes 70-80% of Building Works While Committing to Workers Safety

Tatweer Misr has completed 70-80% of construction works at projects' sites, continuing to work under new safety guidelines and precautionary measures to guard against Coronavirus, reveals its President and CEO Ahm ...

Mountain View Addresses Occupational Safety & Health to Combat Coronavirus

Mountain View has worked on a protocol for occupational safety and health amidst the Coronavirus pandemic, in an attempt to provide ultimate protection in workplaces and construction sites, reveals its Chairman Am ...

Smart Real Estate Seen a Boon for Home Hunters Amid Uncertainties

Demand for real estate tech and virtual services (i.e. augmented reality (AR), virtual reality (VR), 360° virtual panoramic tours, etc.) is forcefully surging in Egypt more than ever before, in efforts to boost sa ...

Construction at NAC Continues in Full Swing

Construction at the New Administrative Capital (NAC) is moving forward in full swing, with work being stretched over two shifts and a 70% labor force present on-site.

El Gouna Hotels to Gradually Resume Operations in May

Orascom Development Holding (ODH) will gradually reopen hotels in its Red Sea resort town of El Gouna for domestic tourism as of May 15, with plans to have all on-site hospitality facilities fully operational almo ...

CBE Maintains Current Interest Rates

The Central Bank of Egypt (CBE) has decided to keep overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 9.25%, 10.25%, and 9.75%, respectively.

Al Ahly Sabbour Donates EGP 4.5 mn in Coronavirus Support Efforts

Al Ahly Sabbour Developments has cooperated with Tahya Misr Fund to purchase a set of respirators and 75,000 COVID-19 test kits, at a total value of EGP 4.5 mn, in efforts to aid the government in combating the no ...

JLL Predicts E-Commerce Boom in Egypt Amid COVID-19

JLL expects a new wave of e-commerce transformation across Egypt, especially in Cairo, after showing a notable growth potential following the coronavirus fallout

Egypt Rolls Out EGP 3 bn Initiative to Support Tourism: Minister

Egypt's Ministry of Finance has agreed to present EGP 3 bn in funding provided by the Central Bank of Egypt (CBE) to state banks for soft loans to tourist and hotel establishments at 5% annual interest, in a bid t ...

Seven Tides Rolls out Support Measures for Tenants

UAE's property developer Seven Tides said its residential, commercial, and retail tenants in Dubai's Discovery Gardens and Ibn Battuta Gate are eligible to receive rent relief measures if they experienced job cuts ...

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