Suez Canal Company, Egyptian Arab Land Bank sign mortgage financing deal
Egypt’s Suez Canal Company for Development and Real Estate Investment signed a cooperation protocol with the…
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Housing
Egypt reviews NUCA-NBE financial settlement
Egypt's Prime Minister Moustafa Madbouly held a meeting on Monday to follow up on procedures to settle financial…
Egypt’s Housing Minister outlines new cities, PPP expansion as top investment…
Egypt is positioning public-private partnerships, large housing programmes, and some flagship cities as the most…
Egypt’s PM reviews fuel-saving measures across state projects
Egypt’s Prime Minister Moustafa Madbouly on Monday reviewed measures to rationalise petroleum consumption in…
Egypt’s Social Housing Fund, United Bank sign deal to expand mortgage finance cooperation
Egypt’s Social Housing and Mortgage Finance Fund (SHMFF) signed a new cooperation protocol with the United Bank on…
Egypt extends deadline for building violation reconciliation by 6 months
Egypt’s Cabinet approved on Wednesday a six-month extension for submitting reconciliation requests for certain…
Egypt, Bahrain discuss expanding cooperation in urban development, housing
Egypt’s Minister of Housing Minister Sherif El-Sherbiny met Bahrain’s Minister of Works Ebrahim Al Hawaj on Tuesday…
Egypt reviews implementation of new rental law, tenant unit allocations
Egypt's Minister of Housing, Sherif Sherbini, held a meeting on Tuesday to review the latest developments in…
Egypt’s Housing Min. tightens oversight on Fustat Gardens
Egypt’s Housing Minister Sherif El-Sherbiny held a meeting with contractors overseeing the Fustat Hills Gardens…
Egypt signs protocol to boost real estate exports
Egypt’s New Urban Communities Authority signed a cooperation protocol on Monday with the Federation of Arab…
Egypt to launch 2nd phase of ‘Beitak Fe Masr’ in Sept. – minister
Egypt’s Minister of Housing, Utilities and Urban Communities Sherif El Sherbiny announced the launch of the second…
Egypt’s PM: Alternatives to old rent law to be ready before deadline
Egypt’s Prime Minister Moustafa Madbouly announced that the government is working to reassure tenants impacted by…
Australia’s annual CPI inflation slows in May
Australia’s Consumer Price Index (CPI) rose 2.1 per cent in the 12 months to May 2025.
Egypt, China sign deal on housing cooperation
Egypt’s Housing Ministry signed a letter of intent with China’s Ministry of Housing to boost cooperation in…
URGENT: Egypt’s annual inflation up to 13.1% in March ’25
Egypt’s annual inflation rate accelerated to 13.1 per cent in March 2025, up from 12.5 per cent in February, driven…
Egypt, UAE hold 4th session of joint economic committee meeting
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, and the UAE’s Minister of Economy, Abdullah bin…
Egypt explores investment opportunities with Türkiye’s Sabancı
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, met with Cenk Alper, CEO of Türkiye’s Sabancı…
S. Korea’s CPI rises 1.9% YoY in Dec ’24
South Korea's Consumer Price Index (CPI) rose to 114.18 in 2024, marking a 2.3 per cent increase from the previous…
Kenya’s annual inflation rises to 3% in Dec ’24
Kenya's annual inflation rate climbed to 3.0 per cent in December 2024, driven by a 4.8 per cent increase in food…
S. Arabia’s annual inflation hits 2% in Nov. ’24
Saudi Arabia's annual inflation rate reached 2.0 per cent in November 2024, driven by higher housing, water,…
URGENT: Egypt’s annual inflation slows to 25%
Egypt's general consumer price index (CPI) for November 2024 reached 239.8 points, reflecting a 0.1 per cent…
S. Arabia’s inflation up 1.9% YoY
Saudi Arabia's annual inflation rate reached 1.9 per cent in October 2024, up from the same month in 2023, while…
IFC to finance Nigerian private sector projects
The International Finance Corporation (IFC) and Nigeria's Central Bank (CBN) have signed a strategic agreement to…
S. Arabia’s inflation up in Sept ’24
Saudi Arabia’s annual inflation rate rose to 1.7 per cent in September 2024 compared to the same month in 2023,…
Eurozone construction sector sharply down in August – PMI
The eurozone construction sector continued to show weakness in August 2024, according to the HCOB PMI survey, as it…
S. Korea’s CPI increases in August ’24
South Korea's Consumer Price Index (CPI) stood at 114.54 in August 2024, reflecting an increase of 2.0 per cent…
Egypt industry: New govt. measures to support struggling projects
The Egyptian government has unveiled new measures to support struggling industrial projects. Kamel El-Wazir,…
S. Arabia’s annual inflation reaches 1.5% in July
Saudi Arabia's inflation rate reached 1.5 per cent annually in July 2024 compared to 2.3 per cent in the same…
Egypt’s annual inflation slightly down to 27.1% in June – CAPMAS
Egypt's general consumer price index (CPI) reached 225.6 points in June 2024, marking an annual inflation rate of…
S. Arabia’s inflation edges up to 1.6% in April – GASTAT
Saudi Arabia's inflation rate rose to 1.6 per cent in April 2024, driven by higher prices for housing, utilities,…
UK inflation drops to 3.4% in Feb
UK inflation dropped to 3.4 per cent, hitting its lowest level in 2 1/2 years, aligning with the BOE path towards…
Saudi inflation up 1.8% in Feb.
Saudi Arabia's annual inflation rate increased to 1.8 per cent in February, up from 1.6 per cent in the previous…
Mashat discusses WB support for state-owned enterprises
Egyptian Minister of International Cooperation, Dr. Rania Al-Mashat, held a meeting with the Chief Economist at the…
Egypt-Saudi company to invest $558.7 mln in new capital projects
A medical company owned by Egyptian and Saudi investors announced on Wednesday plans to build a fully-fledged…
Egypt’s EGYCO targets 100 mln pounds sales in Green Yard this year
Egypt’s state-run El Nasr Company for Building and Construction (EGYCO) says it targets sales of 100 million…
Development philosophy: Why investing in infrastructure is better for Egypt
One of the main features of the current development programme in Egypt, which was launched after the June 2013…
Egypt’s state-run Zahraa Maadi 2017 sales fall by 10%
Egyptian state-owned Zahraa Maadi Investment and Development Company’s sales dropped by 10 percent to 160 million…
Egypt’s housing, urban development projects hit 400 bln pounds in Sisi’s first tenure
Egypt executed a number of housing, construction, and urban development flagships, with investments of around 400…
Egypt’s Al-Abd to deliver two housing, infrastructure projects in Q1
Egypt’s construction company Al-Abd says it prepares to deliver two housing and infrastructure flagships within the…
Egypt’s housing, higher education cooperate for new university in New El Alamein City
Egypt’s Housing Minister Moustafa Madbouly has signed Tuesday a cooperation protocol with Higher Education Minister…