EGX to adopt XBRL system by 2025
EGID, international company to implement new system in return for revenue sharing
Melee launches its first project ‘Nmq’ in Egyptian market
Melee, a real estate developer, has launched its first project “Nmq”, less than a month after its official debut. The project showcases Melee’s strong commitment to keeping pace with the…
Ongoing Israeli attacks on Gaza kill more than 24,000 civilians
The Gaza Ministry of Health said on Monday that the death toll from the Israeli attacks had reached 24,100, with 60,834 wounded. It also said that the Israeli forces had…
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
