The Sovereign Fund of Egypt (SFE) has signed an agreement with the Supreme Council of Antiquities (SCA) to kick off plans to develop and operate Old Cairo's Bab Al-Azab landmark into a tourist area, in partnership ...
Sohag and Qena have seen 1,796 projects completed as part of the state's Upper Egypt Local Development Program, while 779 others are still underway.
Mohamed Abdel Wahab, executive director of the General Authority for Investment and Free Zones (GAFI), approved a total of 103 projects within the investment zone of City Centre Almaza.
The Banker, a sister publication of the Financial Times, granted the New Urban Communities Authority's (NUCA) EGP 4 bn bond issuance the “Deal of the Year 2020 - Africa” award.
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 ...
New Damietta saw the completion of 3,384 residential units, or 141 apartment buildings, as part of the Sakan Misr social housing project, while 1,440 others are underway.
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.
The Egyptian Finance Ministry expected budget deficit to shrink to 6.3% of the country's gross domestic product (GDP) in FY 2020/21, compared to the 7.2% target in the current budget
The Land Developers (TLD) has announced in March the launch of its commercial project, Armonia Walk, with investments valued at EGP 500 mn in the New Administrative Capital (NAC)
Egypt-based Mabany Edris plans to launch a fully-integrated development project in New Assiut, Upper Egypt, Invest-Gate reports.
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