The world has been closely tracking the death toll related to the virus, with official mortality counts now reaching over 4 million people, largely concentrated among adults. The children left behind have been practically invisible, the World Bank has said.
Latest by Shaimaa Al-Aees
Egypt’s real estate developers agreed that Egypt has a great potential to export property through its new and fourth generation cities, namely New Administrative Capital (NAC), New Alamein, and others. In the fifth edition of the Think Commercial roundtable held on Wednesday, Chairperson of The Land Developers Ahmed El Tayebi said that Egypt is an …
Major national project has produced new generation of developers leading to increased competition
The new club received EGP 4.5bn in investments, and is part of an integrated network of The Club in several new cities and governorates. It covers an area of 72 feddan in the R3 district of the NAC.
Recommendations included inauguration of federation for real estate developers to organise local property market
Grand Egyptian Museum will be privileged place for researchers from all over world who study heritage of Ancient Egypt, says IFAO Director Laurent Coulon
Vicat is waiting for Egyptian government to start its plan to develop Sinai
Egypt is keen on strengthening its strategic partnership with France as an important pillar for maintaining security and stability in the Mediterranean and the Middle East, Egyptian President Abdel Fattah Al-Sisi has said. Al-Sisi stressed the importance of economic and commercial cooperation between Egypt and France, and highlighted the priority of boosting French investments in …
Company eyes Egyptian market expansion, directs new investments in line with state’s directions, says Hassan Hassanein
Company’s investments at NAC and on North Coast worth EGP 920m, says Chairperson Ehab Aboelmagd
Egypt’s New Administrative Capital (NAC) is an integrated smart city, according to Khaled El-Husseini, spokesperson for the Administrative Capital for Urban Development company (ACUD). El-Husseini also said that it is being set up with an integrated technological infrastructure according to the latest international standards. It also has a large number of integrated health, educational, residential, …
Company eyes EGP 1bn in sales, with project to be delivered 6 months ahead of schedule, says COO Ashraf Diaa
The 25-storey project is located on the Central Business District, and will cover a total area of 10,531sqm.
Company directs EGP 4bn into Egyptian market, in addition to EGP 1bn of investments in Zia project
US, Saudi Arabia, Turkey, Italy, UAE, and UK are most important markets for Egyptian exports
First project contracted is Rotana Lake Residence at Fifth Square project in New Cairo
Prices expected to remain stable as increasing supply is balanced by population growth, expanding economy
This figure represents about 1.5% of the total number of importers, according to Matta Beshay, Head of the Internal Trade Committee at the Division of Importers at the Federation of Egyptian Chambers of Commerce (FEDCOC).
Two companies will participate in financing, construction, marketing, selling, or leasing of CED’s future projects
Located in Ras El Hekma, Cali Coast is set to become home to residents in over 2,500 diverse housing units
Company appoints Kareem Mamoun as CCO in new strategic plan
Egypt looking to open new markets, especially as most countries are suffering from closures, unavailability of supply chains
This will also see the company work to boost its growth potential, while leveraging the value of its infrastructure, and increase agility and improve efficiency.
Bank is projected to invest more than €1bn in Egypt this year, says Heike Harmgart
Economic activity in MENA region is forecast to advance by 2.4% in 2021, 3.5% next year
The report said that the country is projected to see further growth rise to 4.5% in FY 2021/22, down from 5.8% in the previous forecast in January 2021 with a decrease of 1.3%.
Delegation of 18 companies will be first businesses to visit Egypt since February 2020
Noor is Egypt’s first green smart city on 5,000 feddan, comprising of 140,000 units, with EGP 0.5trn investments
Living Yards Developments (LYD) has launched its latest world-class integrated iCity, The Loft Plaza, exquisitely located at the heart of Egypt’s New Administrative Capital. Throughout the past years, LYD invested in several real estate projects, including The Loft in 2018, Loft Capital Center in 2019, and Loft Downtown in 2020. Chairperson and CEO of LYD Ayman Marzouk stated, “With lucrative investments amounting to EGP 1.5bn and on a spacious area spanning over 8,500 sqm, LYD inaugurated its 3rd …
In 2018, the CDC reported that 15.1% of smokers quit for more than 6 months using e-cigarettes