Real Estate News
Real Estate News
Five banks finance over 210,000 projects with EGP 27.8bn under ‘Mashrou’ak’ initiative
Banks are NBE, Banque Msir, Banque du Caire, HDB, and ABE…Read More
HDB opens new branch in New Cairo, expanding its network across Egypt
The Housing and Development Bank (HDB) inaugurated its “Les Roi” branch in New Cairo, joining its network of branches in…
Cairo’s hospitality sector sees occupancy rates rise to 70% in November 2023
Egypt’s tourism numbers, soaring at about 8 times the global tourism rate of 4.5%, have been crucial in boosting overall…
Robust raises $3m to expand its AI-powered delivery logistics solutions
Robust, an emerging technology company that specializes in logistics with artificial intelligence (AI), has secured a $3m funding round led…
FRA gives 3-month notice to technology-based insurance brokerages to comply with new regulation
Use of technological applications key factor in insurance coverage: Farid…Read More
Egypt’s Ministry of Finance to issue EGP 540.25bn worth of T-bills, bonds in February
The Ministry of Finance plans to launch 25 auctions for treasury bills (T-bills) and bonds worth EGP 540.25bn in February.…
Egypt, IMF reach tentative deal on exchange rate adjustment: Sources
The Egyptian government has reached a tentative deal with the IMF that will be announced soon, contingent on a devaluation…
Cleopatra Hospitals plans to invest EGP 2bn over next 18 months
The Cleopatra Hospitals group intends to invest EGP 2bn over the next 18 months as part of its profit expectations…
Egypt, UAE explore ways to boost health sector cooperation
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, met with his Emirati counterpart, Abdul Rahman Al Owais, on the…
Cred unveils Ever New Cairo its EGP 30bn new project
Egypt’s real estate developer Cred has announced the launching of its latest and largest projects to date, Ever New Cairo. …
Saudi aviation professions localization plan enters 2nd phase
RIYADH: The number of Saudi flight attendants and fixed-wing pilots is set to increase as the localization plan for the…
Real estate agents are bracing for the impact of the commission lawsuits
In the wake of the commission lawsuits, agents are homing in on the skills they will need to succeed in…