Interest rate cut would increase local investment by 70%, says El-Bahay Holding chairperson
Latest by Shaimaa Al-Aees
NU has a land area of 38,600 sqm for residential purposes, and another 42,400 sqm for the construction of a sports complex
Company celebrates launching its first branch in Egypt
Governorate investment estimated at EGP 20bn last year, says governor
By 2030, Egypt will be among 10 economic tigers, due to its rapid economic growth, says finance minister
Mountain View eyes approximately EGP 8bn in sales of 1st phase of co-development in New Cairo, says Chairperson
Ezzat said that the proportion of commercial and administrative sales reached 40% to 50% of the sales.
Company invested EGP 200m in Golf Corner Mall
Furthermore, he pointed out that the banking and real estate sectors are currently the main supporters of the Egyptian economy, where the growth rate of the real estate sector has always been greater than the growth rate of the GDP–an indicator of the strong performance of Egypt’s real estate sector.
Edris said that the company took a step to implement an integrated urban project in New Assiut city after conducting extensive studies which proved the existence of real demand and great purchasing power in the city.
Arkan Engineering Consultancy has been assigned for project’s consultancy work, says LGD chairperson
Company plans to expand in West Cairo area during the next phase, says chairperson
Solar Installer aims to increase the capacity of this portfolio from 350MW to 1.3GW in 2019/20, after completion of its projects at Benban.
During the BITS & BYTES EVENT organised by the German Arab Chamber of Commerce and Industry (GACIC) last week, Schweitzer noted that Egypt is Germany’s business economic partner and its logistics’ hub to Africa.
The agreement was signed by Ambassador Ivan Surkoš, head of EU Delegation to Egypt, and Mohamed Shinawi, adviser to the Minister of Higher Education and Scientific Research for International Relations.
Company studies obtaining 35-feddan land in Minya or Assiut to develop new mall
Environment surrounding e-commerce activity developed rapidly within 1 year, says Moharram & Partners Managing Partner
Egypt is currently obtaining highest capabilities in E-Learning
Ammar completed the first phase three months ahead of schedule, Essam said, adding that the project is built on an area of 3.5 feddan in the Sixth of October City and comprises of 156 large and small housing units.
Issam added that competition within the FM sector in Egypt is growing rapidly as a result of the accelerated pace of urban development, and the competitiveness rate has increased by at least 60% among local companies.
Company to deliver 1,900 units in 2 projects next year
New mechanism encourages companies to acquire new land in a safe, stable way away from land dealers, brokers, says developer
Ministry of Industry, Trade will start 2nd phase of TDEMP by 2021, says Development Projects’ Council Chairperson
El Hag added that the buying and selling movement in H1 of the current year was weak and unstable, but H2 of the year is booming and the company aims to reach sales volume of EGP 350m during 2020.
Fouad added that the company intends to launch the project by the end of the current year, noting that the company plans to complete the project marketing within two years.
The Estates project to be launched in September
Poor performance of traditional real estate agents has unfortunately negatively affected the profession, says RE/MAX Egypt and UAE chairperson
Digitalisation will allow increasing breakthroughs in various sectors, especially industry, as it contributes in enhancing local manufacturing, increasing competitiveness, and improving the national industry’s quality and productivity.
Ministry aims to increase ICT contribution to GDP to reach 8%, says Talaat
‘We offer European expertise to MCIT for further elaboration of e-commerce Law,’ says Surkoš