Cityscape Egypt to Run its 9th Edition in March

Cityscape Egypt will launch its ninth edition at Egypt International Exhibition Center (EIEC) from March 18 to 21, wherein over 62 local and international exhibitors will take part and new projects will be unveile ...

Port Ghalib Resort Inks Deal With Movenpick for New Red Sea Hotel

Port Ghalib Resort, a subsidiary of Kuwait's M.A. Kharafi Group, has signed a hotel management deal with Mövenpick Hotels & Resorts for a new hotel on the western coast of the Red Sea

Castle Development, Schneider Ink Energy Management Deal

Egypt's real estate developer Castle Developments has signed a memorandum of understanding (MoU) with Schneider Electric to provide energy management and automation to the former's latest project, Castle Landmark, ...

Sisi, Amer Discuss Monetary Policies

President Abdel-Fattah El-Sisi stressed the necessity of coordination between different state apparatuses to reduce public debt and inflation rates, Invest-Gate reports.

ODE Brings Kent College to O West

Orascom Development Egypt (ODE) has signed a school development agreement with Kent College to manage and operate a K-12 international school in O West, Invest-Gate reports.

Egypt, AfDB in Talks for Cairo-Cape Town Highway

Minister of Transport Kamel El Wazir said that Egypt is holding discussions with the African Development Bank (AfDB) for a USD 1.5 bn (EGP 22.5 bn) loan to partially finance the Cairo-Aswan Road

WUF10 Sees Egypt’s Participation with Slum Development Projects

CEO of Informal Settlement Development Fund (ISDF) Khaled Siddik said that the fund presented the government efforts to resolve the issue of slums as a priority agenda item

Egypt in Talks for New IMF Deal

Egypt is holding talks with the International Monetary Fund (IMF) over a non-financial structural reform program, which will be focusing on abolishing bureaucracy to lure more private investments

Fully Finished Units Only Eligible for Mortgage Finance: CBE

Vice Governor of the Central Bank of Egypt (CBE), Gamal Negm, said that units must be fully finished for them to become eligible to enjoy the mortgage finance government initiative, Invest-Gate reports.

Foreign Reserves Rise to USD 45.457 bn in January: CBE

Egypt’s net foreign reserves hit $45.457 bn at the end of January, from $45.42 bn in December, Invest-Gate reports.

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