GFH Introduces OUTLIVE at Cityscape: Innovative Real Estate Venture Focused on Health, Well-being

GFH Financial Group (GFH) announced the launch of OUTLIVE in Cityscape, an innovative real estate developer focused on creating master-planned communities and mixed-use projects that emphasize health and well-bein ...

Beltone Venture Capital Broadens Presence in Europe, North Africa with Strategic Equity Investment in VelyVelo

Beltone Holding, one of the rapidly expanding financial institutions, has announced that its wholly owned subsidiary, Beltone Venture Capital, has successfully concluded its first international investment by strat ...

Elsewedy Technical Academy Inks MoU to Boost Vocational Education

Elsewedy Technical Academy (STA) has announced the signing of a memorandum of understanding (MoU) with the Egyptian German Technical Academy (EGT Academy) to support technical and vocational education and training ...

Seef Properties’ Al Liwan Project in Bahrain Nears Completion

Bahrain’s Seef Properties CEO Ahmed Youssef has revealed that construction on its mixed-use project, "Al Liwan" is nearing completion for the official opening in Q1 2021.

SODIC to Bring New Innovative Office Lease Solution to Egypt

Sixth of October Development and Investment Company (SODIC) has partnered with the largest office furniture and interior/exterior systems manufacturer in the Middle East, Mobica, to bring a new office concept and ...

Egyptian Expats’ Remittances Rise 19.6% From July to September: CBE

The Central Bank of Egypt (CBE) has uncovered that remittances sent home by Egyptian expats inched up by 19.6% YoY, or USD 1.3 bn (EGP 20.4 bn), during the first quarter of FY 2020/21.

Businesses to Return to Pre-Corona Profit Levels Before 2023: HSBC

Results of a recent HSBC poll show that almost nine in 10 (89%) Egyptian businesses forecast revenue growth in 2021, whereas 83% foresee their bottom lines to bounce back to pre-Coronavirus levels by the end of 20 ...

Egypt’s Hotels Worst Hit in MENA Region Amid COVID-19: Colliers

Colliers International’s latest MENA Hotels Quarterly Review (Q3 2020) shows that Egyptian hotels have been the region’s worst-hit so far by COVID-19, with occupancy going down at least 50% during this year, despi ...

WB Sees Egypt Region’s Top Remittance Recipient in 2020

The World Bank (WB) foresees Egypt to become the top recipient of remittances at a value of USD 24.4 bn (EGP 382.2 bn) across the MENA region in 2020.

Porto Group Reveals New Vision to Rebrand to Porto Developments

Egypt-based property developer Porto Group has announced its next big move to restructure business and rebrand to Porto Developments.

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