Chairman of Amer Group Mansour Amer has signed a contract with Major General Adel Al Ghadban, governor of Port Said, to establish a 90-acres integrated touristic project in Western Port Said, with an initial inves ...
Aldar Properties has raised its Foreign Ownership Limit (FOL) to 49%, from the previous 40%, following shareholder approval at Aldar’s 2018 annual general meeting, Zawya reports, adding that the raise was implemen ...
Aeroflot announced it will operate three flights a week from Moscow to Cairo, on Saturday, Monday, and Wednesday, and flights from Cairo to Moscow on Sunday, Tuesday, and Thursday
Minister of Housing Mostafa Madbouly has revealed details of the largest offering of housing units and residential, investment, and service plots for 2018-2019, which is currently being implemented and will be ann ...
The 181-acre phase is located at the city’s front, overlooking the Nile. The project includes two residential areas of 19 and 14 acres with 81 and 66 villas, respectively.
UAE-based UPP Capital Investment, the investment arm of Union Properties, has acquired 5.55% stake of the total shares of Egypt’s Palm Hills Development (PHD), at a total cost of EGP 525.3 mn, averagely EGP 4.1 pe ...
Minister of Housing Mostafa Madbouly has presented available investment opportunities in Egypt’s mega real estate projects, under construction by the ministry in New Administrative Capital, New Alamein City, New M ...
Egypt’s foreign reserves surged to USD 42.524 bn at the end of February from USD 38.209 bn the month before, facilitated by a USD 4 bn Eurobond sale last month
Exports have increased by 16% while imports fell by 4%
Investments have increased by 20.8% to reach EGP 5.2 bn last month in Egypt
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