Gamea was chosen to be the first Secretary-General of the former Social Fund for Development in November 2016, which is the highest executive position in the Social Fund.
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The ECG said that the CBE headquarters in the NAC will be built on an area of 130,000 sqm.
Real estate companies’ portfolio reaches about 15% of the total corporate credit portfolio in the bank and exceeds EGP 10bn to 800 clients: Abo Zikry
The Loan is segregated into Tranches A and B, with maturity of five and four years respectively, complemented by a grace period of five months.
The Amateur Football Alliance is the first and largest entity organising 5, 6 and 7-a-side football competitions for amateurs and we received the rights to hold these competitions in Egypt, Chairperson of Usports Mohamed Abdallah said.
The Technical Deep Dive allows participants to discuss the methodology and indicators of the Doing Business report, share best practices on identifying bottlenecks to private sector development, and implement relevant reforms.
Expected to open in 2024, W Cairo will be situated in 1-Ninety, a 300,000-sqm mixed-use development in the emerging New Cairo district featuring retail space, commercial, and residential components. Landmark Sabbour invested EGP 28bn ($1.75bn) in its 1-Ninety development.
MFF’s share of total mortgage financing reached at EGP 136.1m in 3Q of 2019, says FRA
The expansion marked the celebration of the six-year anniversary of Cairo Festival City Mall. The new expansion, with investment exceeding EGP 2bn, will add a gross leasable area of 22,000 sqm to the existing mall, making it the largest mall in Egypt.
Düsseldorf Fair Authority is the first German exhibition authority to organise an exhibition in Egypt, says AHK CEO
He added that the Ministry of Housing represented in the New Urban Communities Authority has spent EGP 25bn in housing and infrastructure projects in the city, of which roughly EGP 8bn for providing public facilities.
On the rent system, Hawk said that according to a survey conducted on 10,300 Egyptian families, of whom 25% live in housing units with old rent contracts, and 12% live in housing units with new rent contracts. About 12% of the participants in the survey are outside Cairo.
Shoura council building is being designed to be ready after elections, says ACUD chairperson
Abbas added that the contracted company has been working in the Green River area for the past six months.
Technical cooperation is presented though all of our financial operations, says Grazi
Paper manufactures called for imposing protective tariffs on paper imports
40% of Egypt’s area is eligible for urban development, the challenge is their distance to resources, says El-Gazzar
TruKKer services more than 250 businesses, operates approximately 18,000 trucks
Imports also witnessed a decline of 3% to record $57.709bn compared to $59.336bn during the same period last year with a decrease of $1.660bn.
Six branches of Tamweely in the post offices in Sharqia, Beni Suef, Sohag, and Qena will be inaugurated: Ahmed Khorshid
Company to build another project in the NAC in 2020, says chairperson
Arkan believes in the importance of promoting and sponsoring art and photography projects in Egypt, and the positive impact the art can have on society.
Company targets EGP 450m in sales by year-end, says chairperson
The project is located in R8 neighbourhood in the NAC, near to the service area in the new capital. Its built-up area is 20% and the rest is allocated for green spaces and artificial lakes.
Company plans to deliver Pukka project in New Capital in 2022 and 2023, says chairperson
Project’s investments are worth EGP 1.2bn
The visit was a part of the Egyptian-Danish Dialogue Initiative, the first edition of which was launched last year with the aim of exchanging expertise in the design and manufacture of furniture between Egypt and Denmark.
A total of 27 contracts were signed for a total value €4bn from 2015 to 2019, with average amount per year was hence €800m, says Scannapieco
The NUCA has handed over a 500-feddan plot of land to Emaar in Sheikh Zayed Extension City for another full-service residential project with investments worth approximately EGP 37.8bn and will create more than 70,000 direct and indirect jobs.
Egypt’s food additives market reached €100-130m and the company’s market share is 30%