Real Estate News
Real Estate News
EGP liberalisation: New phase of economic reform, growth
The chairperson of the Egyptian Businessmen’s Association, Ali Issa, said that the decision of the Central Bank of Egypt (CBE)…
Dollar soars to EGP 49.5 on first day of exchange rate liberalisation
The Egyptian pound plunged against the US dollar on Wednesday, as the Central Bank of Egypt (CBE) announced the liberalisation…
Egypt floats pound, raises interest rates by 6% to tackle inflation
The Central Bank of Egypt (CBE) announced a two-pronged approach on Wednesday, in an effort to address pressing economic challenges.…
Consumer finance companies adjust pricing plans in response to higher interest rates
The Central Bank of Egypt’s decision to raise interest rates by 600 basis points has prompted consumer finance companies to…
CIB, EFG depositary receipts continue to rise on London Stock Exchange
The depositary receipts of CIB and EFG Holdings sustained their upward trajectory on the London Stock Exchange, marking the second…
Shell invests $10-15bn in low-carbon energy solutions from 2023-2025
Shell has released its inaugural energy transition progress report following the introduction of its Powering Progress strategy in 2021. During…
More Egyptian companies embrace technology amidst 2024 business outlook
34% of Egyptian companies are adopting friendshoring, similar number are dual-sourcing to mitigate increased risks…اقرأ المزيد
EU allocates €7.4bn financial package for Egypt spanning 2024-2027
The EU has elevated its cooperation with Egypt to a Strategic and Comprehensive Partnership. In support of this, the EU…
Saudi Arabia plans to establish conciliation center for disputes with commercial entities
The Consumer Protection Association (CPA) intends to establish a reconciliation center for consumer disputes with commercial entities, in coordination…
Al Qamzi Developments inks EGP 900m deal with Dar Al-Alamiah for Seazen project’s second phase
Al Qamzi Developments has forged a significant deal with Dar Alalamia Construction for the second phase of the esteemed Seazen…
Hassan Allam Properties grows presence in Mostakbal City with 279-feddan expansion
Hassan Allam Properties (HAP), a leading real estate developer in Egypt, has acquired a new 279-feddan land plot in MIDAR’s…
Al Ahly Sabbour unveils EGP 135bn Summer, At-East projects, signaling new era in Egyptian real estate
Al Ahly Sabbour has announced the launch of the “Summer” project in Ras Al Hekma and “At-East” in Mostakbal City,…