Bousla to invest EGP 250m in New Cairo properties
Bousla Real Estate Development plans to construct 10 new buildings in various locations in the Fifth Settlement area of New Cairo. The project will include 120 residential units and villas,…
Egypt plans to launch company to export, rent property in foreign currency
The Egyptian government plans to set up a company to handle the export and rental of local properties in foreign currency, as part of its Economic Strategy for 2024-2030. The…
MIDAR, Mountain View open escrow account for ALIVA project in Mostakbal City
MIDAR for Investment and Urban Development and Mountain View have signed a contract with Arab African International Bank to open an escrow account for their joint project, ALIVA. The project…
IWG to launch 19 new co-working spaces in Egypt, Oman, and UAE
IWG leads hybrid working revolution in MENA region
Ezdehar invests $10m in medical technology company ‘Yodawy’
Ezdehar, a direct investment fund management company, has acquired a minority stake in Yodawy, a medical technology company, through its Ezdehar 2 mid-cap fund. The deal is valued at $10m.…
Modon Developments to launch 3 new projects in 2024
Modon Developments plans to launch three new projects in East, West Cairo and the North Coast in 2024, CEO Ahmed Osama announced. Osama said that Modon Developments has partnered with…
Egypt among top remittance recipient countries in 2023: World Bank
Egypt ranks sixth in world, fifth among low, middle-income countries in receiving financial remittances
HerStory Films, Dutch Embassy launch Egypt’s first film incubator for women directors
In a groundbreaking collaboration with the Embassy of the Netherlands in Egypt, HerStory Films has launched Egypt's first film incubator specifically designed to nurture and empower emerging female directors. This…
Finance Minister discusses cooperation with NDB in clean energy, transportation, and environmental protection projects
Finance Minister Mohamed Maait met with Vladimir Kazbekov, Deputy President of the New Development Bank (NDB), and his accompanying delegation, to discuss potential areas of cooperation in projects related to…
Minister of Finance says government IPO programme reaches $3.5bn in subscriptions
Minister of Finance Mohamed Maait stressed the need to strengthen multilateral cooperation for innovative financing solutions to fill the gaps resulting from geopolitical tensions around the world and the huge…