Egypt’s Orascom Development to sell 3 hotels at year-end
Egypt’s Orascom Development Holding says it is planning to sell three hotels worth 800 million Egyptian pounds…
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Egypt’s Al Bostany eyes 300mn pounds contractual sales at year-end
Egypt’s Al Bostany Real Estate Development targets contractual sales of 300 million Egyptian pounds ($16.7 million)…
Egypt Rolin to launch 1st property project in Nasr City this month
Egypt’s state-run General Construction Company- Rolin plans to launch its first real estate flagship at the Sixth…
Pyramids Real Estate launches La Capitale in Egypt’s new capital
Egypt’s property developer firm, Pyramids Real Estate has launched Friday its newest residential flagship La…
Rolin to launch two real estate projects in Cairo this year
Egypt’s state-run General Construction Company- Rolin says it plans to launch two real estate and residential…
Nasr for Civil Works in talks for PPP projects in Egypt’s new cities this year
Egypt’s state-owned Nasr Company for Civil Works (NCCW) says it is currently negotiating with a number of…
Maxim Developments to launch The Canyon New Cairo flagship next week
Egypt’s property developer firm Maxim Investment plans to launch its newest flagship The Canyon in Mostakbal City…
Mabany Edris lining up for residential, hotel project in Egypt’s new capital
Egypt’s property developer firm Mabany Edris plans to execute a new residential and hotel flagship in the country’s…
Moukhtar Ibrahim executing 3 major drinking water stations in Upper Egypt
Egypt’s state-run construction firm Moukhtar Ibrahim says it is executing three major drinking water stations in…
Egypt’s Hassan Allam wins a mandate for 3 sewage stations
Egypt’s state-owned construction firm Hassan Allam has won a mandate to execute three sewage stations of 140…
Kuwaiti EMAC to win infrastructure mandates in Egypt’s new capital
EMAC Contracting, affiliated to Kuwait’s Al Kharafi and Sons Group, plans to win a mandate to execute a number of…
NUCA mandates major construction firm to execute 4 flagships in New Alamein
One of Egypt’s major construction firms is negotiating with the country’s New Urban Communities Authority (NUCA) to…
SECON lining up for residential project in Egypt’s new capital in Q2
Property developer Saudi Egyptian Construction Company (SECON) says it plans to start implementing a new…
Property developer ARDIC unveils plans for investment in Upper Egypt
Egypt's ARDIC for Real Estate Developments plans to pump investments in Upper Egypt as part of its scheme to…
Number of new private schools to be established in Egypt’s new capital
The board member of Egypt’s New Urban Communities Authority (NUCA) approved Thursday to provide nine land plots at…
ElBousla Development signs new marketing deals for 60 property flagships in New Cairo
Egypt’s property developer firm ElBousla Development says it has signed contract to market 60 real estate projects…
Egypt’s Rolin eyes 500mn pounds hike in business volume at end of next June
Egypt’s General Construction Company- Rolin announces that it is planning to increase its total business volume to…
HSBC and Egypt’s Nasr sign MoU to attract foreign investments
Egypt’s Minister of International Cooperation and Investment has signed a memorandum of understanding with HSBC…
European Central Bank hints at drawn-out end to bond-buying
European Central Bank (ECB) may take a longer path to the end of its mass bond-buying scheme than observers…
Rolin to execute two property flagships in Cairo before end-2017
Egypt’s General Construction Company- Rolin is planning to execute two real estate flagships in Nasr City and Old…
Egypt’s Hassan Allam targets 2.4bn pounds returns from two projects this year
Egypt’s state-run construction firm Hassan Allam says it targets investment returns of 2.4 billion Egyptian pounds…
Egypt starts comprehensive scheme for railway system developement
Egypt's government has begun its comprehensive scheme to develop the county's railway system headed by Egyptian…
AfDB, Egypt in talks for $3bn cooperation scheme
Egypt’s Ministry of Investment and International Cooperation recently met with the African Development Bank (AFDB)…
Tahya Misr fund launches $18 mln development scheme in Aswan
Cairo-based Tahya Misr Fund’s executive committee recently held a meeting to discuss its investments, including the…
Egypt’s SCZone targets $30bn investments within 5Yrs: minister
Egypt's Ministry of Investment and International Cooperation is cooperating with the country's General Authority…
Egypt to invest 3.5 bln pounds in FY2017/18 slum development scheme
Egypt’s government is planning to pump investments of 3.5 billion Egyptian pounds ($194.8 million) to develop slums…
Hassan Allam to deliver 131 units in Heliopolis Housing Project this year
Egypt’s state-run construction firm Hassan Allam targets delivering 131 units in Sheraton Heliopolis Housing…
Egypt’s Careem mulls new fare scheme with specified increase percentages
Following the recent fuel price increase announced by the Egyptian Cabinet on Thursday, Careem confirms that it…
Egypt’s Moukhtar Ibrahim to raise 2017/18 businesses to 1bn pounds
Egypt’s construction firm, Moukhtar Ibrahim says it is planning to boost its business volume to one billion…
School meals suspended after Egyptian students treated for food poisoning
Egypt’s Education Ministry has halted the provision of meals to students at schools nationwide until the cause has…
South Africa vows to pay 17 million welfare grants despite crisis
A South African cabinet minister vowed Sunday that welfare grants to 17 million beneficiaries would continue to be…
Egypt’s Shoukry in Brussels to meet EU counterparts: ministry
Egypt’s Minister of Foreign Affairs Sameh Shoukry is in Brussels Sunday on one day-visit where he is scheduled to…
Dollar prices climbs as market awaits Trump’s tax scheme
U.S. dollar recouped some ground after dipping to two week-low against the yen in Asian trading on Monday, but it…
Dollar slips vs yen on Trump policy concerns
The U.S. dollar fell to a more than two-week low against the Japanese yen on Friday as investors doubted the…
Egyptian ‘Blind Sheikh’ Omar Abdel-Rahman dies in US prison: daughter
The daughter of Egypt’s Sheikh Omar Abdel-Rahman, considered the spiritual leader of the Islamist Gamaa Al-Islamiya…
After night in cell, Samsung scion taken for questioning
Handcuffed and tied with white rope, the scion of one of the world's biggest conglomerates, Samsung Group, was…
Turkey to hold referendum: Mark Lowen
A new draft constitution that would significantly increase the powers of Turkish President Recep Tayyip Erdogan is…
Gold prices firm on weaker dollar
Gold held steady on Wednesday after falling from two-month highs in the previous session, buoyed by a weaker dollar…
Misr Concrete executes 500M pounds-water network in New Heliopolis
Misr Concrete Development Company is implementing a water network in New Heliopolis city with cost worth 500…
Sisi avows protection of low-income citizens amid economic reform scheme
President Abdel Fattah Al-Sisi reviewed in a Sunday meeting with a group of ministers the latest updates regarding…