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 Startup Scene Attracts USD 130 mn: Experts

Egypt has managed to create a very healthy startup scene to lead Africa’s investment charts in 2019, while also maintaining a good position during the current year, therefore ranking second in the Middle East with ...

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 ...

El Gazzar Follows Up on Delivery of Beit El Watan Plots

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has met with several ministerial officials to follow up on the handing over of land plots in the "Beit El Watan" project, which is being develo ...

IDA Intends for 13 New Industrial Zones Across Egypt

Chairman of Industrial Development Authority (IDA) Mohamed Zalat has unveiled plans for the establishment of 13 high-quality industrial zones across Egypt for entrepreneurs and small investors.

FRA Raises Mortgage Funding Limit to 15%

The Financial Regulatory Authority (FRA) has signed off on allowing Egypt-based mortgage finance companies to lend up to 15% of their capital base to an individual household, instead of 10% earlier.

Real Mark Joins Aqari Exhibition With Big Property Portfolio

Egypt-based Real Mark Company, an affiliate of Holding Company for Construction and Development (HCCD), is participating in Aqari Exhibition, which is taking place from October 1 to 4, to market a portfolio of pro ...

TSFE, Housing Ministry Discuss EGP 30 bn National Projects

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar and The Sovereign Fund of Egypt (TSFE) Chairperson Hala El Saeed have discussed means of cooperation in several national developments, at a com ...

Cabinet Nods Building 2 Non-Profit Universities in Egypt

Egypt's Cabinet has nodded the establishment of two non-profit universities in New Salhia and Sharm El Sheikh, in an attempt to better serve different areas and change the scope of higher education in Egypt.

Sabbour Consulting to Oversee Mixed-Use Tower Project in NAC

Egypt-based Sabbour Consulting has agreed to oversee the construction of a mixed-use tower project in the New Administrative Capital (NAC), dubbed "I Business Park."

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