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CRC inks 3 contracts for Emaar’s residential projects in New Cairo
Egypt’s Construction and Reconstruction Company (CRC) says it has signed three contracts to carry out new…
Arabia Holding posts EGP 3bn contractual sales from Sun Capital’s Phase I
Egypt’s property developer Arabia Holding says it has achieved contractual sales ranging between 2.5 and 3 billion…
IKEA to open its second store in Egypt
MARAKEZ for Real Estate Investment, the Egyptian arm of Saudi conglomerate Fawaz Alhokair, recently signed a…
IMF urges Egypt to maintain tight monetary policy to ward off inflation
Egypt should maintain tight monetary policy to contain the risk of inflation as a result of fuel and electricity…
Egypt’s 1st smartphone expects market share rising in 2020
Egypt’s first smartphone maker is looking to capture 17 percent of the country’s market by 2020, up from 2.7…
National Bank of Egypt changes interest rates on savings accounts
The National Bank of Egypt (NBE) has divided interest payments on savings accounts into five tiers on the basis of…
WB supports Egypt’s plan to become regional hub for oil, gas
The World Bank Group (WB) supports Egypt’s aim to become a regional hub for oil and gas trading, reads a statement…
Cairo International Airport raises parking fees by 100%
Cairo International Airport increased parking fees on Monday by 100 percent. The Cairo Port Authority, which…
Egypt defence minister flies to France to boost military cooperation
Egypt’s Defence Minister Mohamed Zaki flew to France on Monday morning, heading a top military delegation in an…
Egyptian Ahmed Osman wins ICSB presidency for first time
The International Council for Small Business’ (ICSB) members elected senior vice president Ahmed Osman as the…