Retal Developments acquires Center Point Development, its Harmony business complex
Retal Developments has announced the full acquisition of Center Point Development, which owns the Harmony business complex in the New Administrative Capital (NAC). Saeed Hassan, the chairperson of Retal Developments,…
European Union, UNDP in Egypt visit joint projects in Sharm El-Sheikh
The EU Ambassador to Egypt Christian Berger, the UNDP Egypt Resident Representative Alessandro Fracassetti, and the Assistant Minister of Environment for Environmental Tourism Hoda El-Shawadfy visited the EU and UNDP…
Developers say exchange rate liberalisation will stabilise real estate prices in Egypt
The Central Bank of Egypt (CBE) has decided to liberalise the exchange rate of the Egyptian pound against the dollar, a move that has been welcomed by real estate developers.…
More than 3 million citizens seeking pensions receive free medical examinations
The Ministry of Health and Population in Egypt announced that it has provided free medical examinations for 3,153,290 citizens who are seeking a pension under the Solidarity and Dignity programme…
MSMEDA provides EGP 200m to finance 10k micro enterprises
Funding is based on two contracts signed with Tanmeyah for microenterprise services
How will borrowing companies cope with sharp rise in interest rates?
Early loan repayment, capital increase are among options
SCZONE explores cooperation opportunities with Latvia
Walid Gamal El-Din, the Chairperson of the Suez Canal Economic Zone (SCZONE), met with the Latvian ambassador Andris Razāns to discuss areas of mutual interest and cooperation between the two…
Gaza faces hunger, tragedy as Israeli strikes continue: UNRWA
The Ministry of Health in Gaza reported that the death toll from the Israeli aggression had reached 31,045 and the number of injuries had risen to 72,654 since October 7.…
Annual core inflation hits 35.1% in February 2024: CBE
Annual urban inflation jumps to 35.7% in February 2024: CAPMAS
Egypt secures over $20bn in funding from global development partners: Maait
No plans to borrow from international markets until end of fiscal year