Flexible Offices Can Add USD 254 bn to Economies: Regus

The latest research by Regus, the global workplace provider, has revealed that flexible workspaces will contribute over USD 254 bn (EGP 4.09 trn) to local economies in the next decade.

ODH Starts Development of Eco-Bos Phase I in UK

Orascom Development Holding (ODH) started the development of its first project, the West Carclaze Garden Village (WCGV), in Eco-Bos Developments Limited in Cornwall, UK

Union Pharmacist to Co-Develop Residential Project in New Minya

Union Pharmacist Company for Medical Services and Investment's (UPMS) board of directors (BoD) has approved the joint establishment of an 840-acre integrated residential compound, in the northern expansions area o ...

5th ‘Egypt Can’ Conference to Host 65 Expat Investors

"Egypt Can" conference will resume its fifth round next week from October 16 to 17, under the title "Egypt Can with Investment and Development," inviting 65 of the top Egyptian expat investors.

Palm Hills Alexandria Phase II to Kick off Soon

Egypt's real estate developer Palm Hills Developments (PHD) will launch the second phase of its Palm Hills Alexandria project on November 1, offering a wide variety of unit sizes.

CBE Makes 2nd Consecutive Cut to Interest Rates

The Central Bank of Egypt (CBE) made the second consecutive cut to key rates by 1% (100 bps), driven by the declining inflation rates, which hit a six-year low in August, alongside the falling unemployment and soa ...

Egypt Allots EGP 9.3 bn to Social Housing in FY 2019/20

The government allocated a total of EGP 9.3 bn for the social housing program in FY 2019/20, complementing its plan to ensure decent lives for all citizens through building integrated urban communities.

Egypt Allots EGP 15.4 bn to Local Development in FY 2019/20

Egypt’s Planning Minister Hala El-Saeed said the government has allocated investments totaled at EGP 15.4 bn for the local development program in FY 2019/20.

Hilton, Alshaya Group Partner for 70 Hampton by Hilton Hotels

Hilton and Alshaya Group announced on July 31 the exclusive signing of a master development agreement to launch and develop 70 Hampton by Hilton hotels in nine countries, most of which will be in the Middle East, ...

DAMAC Welcomes 1st Residents of AKOYA

DAMAC Properties has begun handovers at "Claret," a cluster of its landmark 55 mn square-feet master development in Dubai, dubbed AKOYA.

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