Real Estate News
Real Estate News
Egypt pushes for inclusive dialogue on financing sustainable development at UN Forum
Egypt’s Minister of Planning and Economic Development, Hala El-Said, participated virtually in a high-level session at the United Nations Economic…
Egypt welcomes Chinese delegation to explore investment opportunities in New Beni Suef
Minister of Housing, Utilities, and New Urban Communities, Assem El-Gazzar, announced that New Beni Suef city recently hosted a delegation…
EFG Hermes ONE receives FRA approval for digital onboarding in Egypt
EFG Hermes, a leading investment bank in the Middle East and North Africa (MENA), has announced that EFG Hermes ONE,…
EFG Hermes closes EGP 600m senior unsecured note issuance for HSB
EFG Hermes, a subsidiary of EFG Holding and the leading investment bank in the Middle East and North Africa (MENA),…
$17.7bn drop in banking sector’s net foreign assets deficit during March 2024: CBE
The net foreign assets deficit in Egypt’s banking sector decreased to $4.2bn in March 2024, down from $21.9bn in February,…
Egypt participates in IDA for Africa Summit, discussing development ambitions
Egyptian Minister of International Relations represents President at summit in Kenya…اقرأ المزيد
MSMEDA signs EGP 30m contract with Al-Khair Microfinance
Basil Rahmi, the CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), recently signed a contract to finance…
Ministry of Finance to launch 26 tenders for T-bills, bonds worth EGP 457bn in May
The Ministry of Finance has announced its plan to issue 26 tenders for treasury bills and bonds in May, with…
Fitch revises Egypt’s outlook to positive; maintains ‘B-‘ rating
Fitch Ratings has revised the outlook on Egypt’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to Positive from Stable, while affirming the IDR at ‘B-‘. The…
Saudi Awwal Bank reports 16 percent growth in Q1 net profit at SR2 bn
Lubna S. Olayan, chair of the board of directors of Saudi Awwal Bank, announced the bank’s financial results for the…
Shark Tank star Ahmed Tarek invests $100m in healthcare expansion
Prominent businessman and Shark Tank personality, Ahmed Tarek, has expanded his portfolio by acquiring the National Language Schools and Al…
Elsewedy Electric, Bühler Group, and IBC Group sign agreement to advance grain silos industry in Egypt
Elsewedy Electric, a leader in integrated energy, infrastructure, and digital solutions, has entered into a Cooperation Agreement with Bühler Group,…