New Road Projects Bring Less Accidents: Minister

Minister of Planning and Economic Development Hala El Saeed said Egypt’s tendency to increase spending on roads and bridges for the past two years contributed to lowering the number of deaths due to road accidents ...

Beta Egypt to Deliver Phase I of East Cairo Project in Q2 2021

Beta Egypt for Urban Development has revealed plans to hand over the first phase of its Beta Greens New Cairo project, Mostakbal City, during the second quarter of 2021.

Madaar Assigns UK’s Benoy to Design Downtown Azha

Egypt's Madaar Developments has appointed international architecture firm Benoy International to design the Downtown Azha project in Ain Sokhna.

Egypt Secures Almost USD 226 mn for Civil Aviation Projects

The Egyptian Ministry of International Cooperation's funding portfolio from development partners for local civil aviation sector projects currently stands at almost USD 225.7 mn (EGP 3.54 bn).

New Assiut Preps for Long Winter Ahead

Preparations for the upcoming winter months in New Assuit is well underway, as part of the state's directives to protect citizens and preserve investments and real estate wealth amid the season's heavy rains and f ...

CED Discusses Strategic Plans for Egypt’s National Projects

City Edge Developments (CED) has revealed its vision and strategic role in supporting the state-run national projects during its annual roundtable on October 7.

Future Homes Logs EGP 30 mn Sales During Aqari Exhibition

Future Homes Development has uncovered registering contractual sales of more than EGP 30 mn during its participation in Al-Ahram's property show, or Aqari Exhibition, which was held from October 1 to 4.

Informa Markets Sees Hope in Revival of MENA Real Estate

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 ope ...

Egypt’s Foreign Reserves Increase to USD 38.43 bn

Egypt's foreign reserves have increased to USD 38.425 bn at the end of September 2020 from USD 38.366 bn at the end of August, the Central Bank of Egypt (CBE) announced on October 7.

Elsewedy Electric Wins Institutional Investor’s Award Twice

Egypt-based Elsewedy Electric was ranked third place in the "Most Honored" segment for the second time in the Institutional Investor's 2020 Emerging Europe, the Middle East, and Africa (EMEA) Executive Team survey ...

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