Margins Developments completes construction works of Zia Business Complex in New Capital
Company expands in local market through launching diverse real estate projects
Ajna Developments to introduce residential project in east Cairo
Ajna Developments gears up to launch a mixed-use project in east Cairo, Chairperson of Ajna Developments Osama Shalaby has announced. Shalaby said that the state’s continued development of urban areas…
cred, Dex Squared sign hospitality consultancy agreement
Egypt’s real estate developer cred has announced the signing of a partnership agreement with the UAE company Dex Squared. The partnership aims to offer hospitality consultation on cred’s latest project…
New Town Group introduces Intown Mall in New Cairo
New Town Group (NTG) Developments has launched a new project in New Cairo, according to Ezzat Azmy Haroun, the company’s chairperson. Haroun said that the new project, Intown Mall, is…
Egypt constructs 1.4 million residential units with EGP 607bn investments in 9 years: Housing Minister
Egypt’s Minister of Housing Assem El-Gazzar has stated that approximately 1.4 million housing units have been fully or partly constructed, at a total cost of EGP 607bn within since 2014.…
Al-Azhar Observatory warns of dangers of ISIS sleeper cells in the region
The Al-Azhar Observatory for Combating Extremism warned of the dangers of sleeper cells of extremist organizations, especially those of the terrorist organization ISIS. The Observatory said in a statement that…
Actual climate action implementation needs enhanced global, regional, national efforts: Mahmoud Mohieldin
Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda said that the implementation of climate action requires massive financing,…
CI Capital concludes 7 securitization deals worth EGP 27bn
CI Capital has completed 7 securitization issuances across ECM, DCM, and M&A, with an aggregated value of EGP 27bn in 2023. The company concluded EGP 15bn securitization issuances on behalf…
Why did Egypt’s inflation increase during June 2023?
Egypt’s annual urban inflation increased to 35.7% in June 2023 from 32.7% in May 2023. The acceleration continued to be driven by higher food and non-food prices. Annual food and…
Earthwish wins third place in Shell Egypt’s 2023 Imagine the Future competition
The “Earthwish” team, representing Zewail City University for Science and Technology, has won third place in the Regional Finals of Shell’s “Imagine the Future” competition held on 10 July at…