Egypt’s housing ministry increases its urban development budget to $2.8 billion
Minister of Housing Mostafa Madbouly said that the ministry will offer 2,500 acres of land in new cities to real ...
Country: Egypt
$4.6 billion industrial port project planned on the Suez Canal
Russia's Trade Minister Denis Manturoc announced that Egyptian President Abdel Fattah al-Sisi had allocated Moscow an 80 hectare area in ...
Egypt is charting a new economic course
Earlier this month, Egypt announced a program of sweeping economic reforms. Its features include fiscal consolidation, a widening of the ...
New mortgage law would double size of Egypt’s real estate market in less than a year
The shortage of affordable residential units has created a rise in the size of illegal construction that is estimated at ...
Biggest sugar plant in the MENA region worth $360 million planned in Egypt
Egypt-based Al Nouran said it will build the largest sugar plant, worth $360 million, in the Middle East and North ...
Egypt has an active projects market worth $364.9 billion
Egypt has an active projects market worth $364.9bn, according to regional projects tracker MEED Projects. This includes $140bn of schemes ...
Egyptian banks secure $2.2 billion to meet customers’ needs
The Information and Decision Support Center (IDSC) in the Egyptian cabinet said that the banks operating in Egypt provided $2.2bn ...
BP to invest $13 billion in Egypt before 2020
British oil company BP Global has plans to invest some $13 billion in Egypt before 2020, the UK embassy in ...
Samcrete invests $165 million in Egypt’s real estate sector
Samcrete Development has invested 3.2 billion Egyptian Pounds ($165 million) in real estate sector, comprised of 2 billion pounds to ...
IMF approves $12 billion loan to Egypt
The International Monetary Fund’s executive board on Friday approved Egypt’s request for a $12 billion loan facility, after the North ...
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