Growth
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Investment
Fitch Solutions Downgrades Projections for Egypt’s GDP growth
Monday, 11 January 2021
Fitch Solutions has downgraded its projections for Egypt’s real GDP growth for the second time in two months to reach 3% in 2021, down from the 3.2 % that in December 2020
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Business
Informa Markets Sees Hope in Revival of MENA Real Estate
Sunday, 11 October 2020
New data released by Informa Markets, organizer of Cityscape’s Real Estate Summit, has revealed that nearly 73% expect Dubai to see the most growth in the hospitality sector over the next two years, as the UAE opens its doors to tourism, with Abu Dhabi, Turkey, Saudi Arabia, and Egypt in tow.
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Business
Middle Eastern Funds to Increase Investments in Egypt
Tuesday, 5 May 2020
Middle Eastern fund managers plan to raise their investments in Egypt in the second quarter of 2020
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Business
IMF Says Egypt Among Emerging Economies Seeing Vulnerabilities
Wednesday, 15 April 2020
The International Monetary Fund (IMF) said that Egypt is among the major emerging and frontier market economies witnessing key vulnerabilities and a number of shocks, including growth challenges and oil price declines
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Construction
Orascom Construction Inks USD 1.3 bn Deals in Q3
Thursday, 10 October 2019
Orascom Construction (OC) has signed new contracts worth USD 1.3 bn in Q3 2019, spiking by 150% year-on-year (YoY) and 39% quarter-on-quarter (QoQ)
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Construction
Dubai Likely to Finalize Over 47,000 Units in 2019
Monday, 4 March 2019
UAE-based Property Finder has expected the number of completed residential units in Dubai to exceed 47,000 during the current year, following the finalization and delivery of around 21,014 residential units in 2018's third quarter.
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Government
GCC Countries Exert Efforts to Offer Affordable Housing
Wednesday, 6 February 2019
GCC countries are strengthening their efforts to give more access to affordable housing for low- and middle-income households.
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Government
Egypt’s GDP Up to 5.3% in Q1 2018: Minister
Wednesday, 21 November 2018
Egypt’s Planning Minister Hala El-Saeed said that the country’s GDP jumped to 5.3% in Q1 2018, which began in July, compared to 5.2% in the prior-year period, amid the government's invested efforts to achieve comprehensive reforms in all sectors to maintain its upward trend
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Government
Egypt Real GDP Growth to Recover – CBE
Wednesday, 20 December 2017
Egypt’s real gross domestic product (GDP) growth is expected to continue recovering
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Government
Egypt targets 5% GDP growth by end of 2017-18
Wednesday, 23 August 2017
Egypt expects its gross domestic product to grow by 5% by the end of FY2017-18, Invest-Gate reports.
Latest News
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Engineering Solutions Adds EGP 2 bn Business Value during 2021
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Isqan Partners with Qasatli to Digitize the Egyptian Resale Market
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Lasirena Group to Deliver 250 Residential Units in North Coast
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Constec Expands Work in Fouka Bay with EGP 150 mn
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Last Modified April 7, 2021