Real Estate News

Banque Misr Signs Cooperation Protocol with The Official Egyptian Real Estate Platform to Enhance Mortgage Services

E-Systematic Egypt — “The Official Egyptian Real Estate Platform” announces organizational restructuring and leadership

Real Estate News

Foreign currency inflows rise in banks, exchange offices following EGP liberalisation

Foreign currency inflows rise in banks, exchange offices following EGP liberalisation

Average dollar value decreases by EGP 1.7 from its peak after flotation, with some banks noting decline of EGP 2.23…اقرأ…
Beltone Holding achieves EGP 369m profit in 2023

Beltone Holding achieves EGP 369m profit in 2023

In a remarkable turnaround, Beltone Holding reported a profit of EGP 369m in 2023, a significant shift from the EGP…
Banking sector contributes EGP 2bn to CSR projects in 2023: CBE

Banking sector contributes EGP 2bn to CSR projects in 2023: CBE

The Central Bank of Egypt (CBE) announced that the banking sector allocated nearly EGP 2bn to support social and developmental…
Dollar soars to EGP 49.5 on first day of exchange rate liberalisation

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…
EGP liberalisation: New phase of economic reform, growth

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)…
Egypt floats pound, raises interest rates by 6% to tackle inflation

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

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

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 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

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

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

‎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…
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