A consortium made up of Orascom Construction, Arab Contractors, and Bombardier Transportation has broken ground on Egypt's first-ever monorail line, which will connect east Cairo and the New Administrative Capital ...
Misr Italia Properties has inked a middle-term loan worth EGP 650 mn, coming as part of a bank consortium led by the National Bank of Egypt (NBE).
Rooya Group Chairman and CEO Hisham Shoukri foresees a strong comeback of real estate exports as the Egyptian property market begin recovering after the coronavirus storm passes, with a special focus on serviced a ...
The Social Housing and Mortgage Finance Fund (SHMFF) launches its official Facebook page on May 16, Invest-Gate reports.
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.
Ora Developers has signed a deal with Orascom Construction to build the first phase of west Cairo's ZED Sheikh Zayed.
Egypt received USD 2.8 bn from the International Monetary Fund’s (IMF) Rapid Financing Instrument on May 12, the Middle East News Agency (MENA) reports.
Lafarge Egypt, a subsidiary of LafargeHolcim Group, has announced repairing 460 ventilator devices in public hospitals nationwide and providing 2,000 food boxes to support daily workers in Qalyubia Governorate.
Phase II of Maspero Triangle Development Project is on the verge to commence, proceeding in line with the planned intensive implementation timelines
The International Monetary Fund (IMF) has approved Egypt’s request for USD 2.772 bn in financial aid to address the urgent balance of payment needs stemming from the COVID-19 outbreak.
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