Aloula forecasts 60% decline in mortgage finance if interest rates rise
Al-Tameer Mortgage Finance Company (Aloula) has reported a significant 56% increase in total financing, reaching approximately EGP 2.5bn from January to October 2023. According to Chairperson Ayman Abdel Hamid, mortgage…
ADVA Developments sells out ADVIDA project’s first phase
ADVA Developments has successfully sold out the initial phase of the ADVIDA project, located in New Sheikh Zayed’s Green Belt area, west Cairo. The first phase’s total sales have reached…
Mekky Developments introduces Vio Mall at New Cairo
Mekky Developments has launched its latest administrative commercial project, Vio Mall, in the Banafseg Buildings area at New Cairo. Chairperson of Mekky Developments Ahmed Mekky said that the Vio Mall…
International observers document smooth voting process in Egyptian elections
Khalil Ibrahim Al Thawadi, head of the Arab League’s election monitoring mission, commended the Egyptian people for their national and patriotic engagement in the presidential elections. As his delegation observed…
Madbouly, Shoukry emphasize importance of voting in Egyptian elections
Current challenges require wise approach that ensures preservation of Egyptian national security: FM Shoukry
NEC reports high voter turnout in Egyptian presidential elections
Egyptian voters commenced casting their ballots on Sunday for the country’s three-day presidential election. Ahmed Bendari, Director of the Executive Office of the National Elections Commission (NEC), reported a high…
‘Eight Developments’ is now ‘Town Writers’
Town Writers, already taking over Cairo billboards, comes with a fresh vision that reflects an evolved perspective aimed at delivering the best experience to its customers.
MSMEDA bolsters cooperation with Arab, African nations to aid entrepreneurs, says CEO Rahmi
Agency issues statement at summit for African ministers overseeing emerging enterprises
CBE reports $1.2bn rise in net international reserves since January 2023
Net international reserves reach $35.173bn in November, up from $34.003bn at 2022 year-end
Banking expert advises against new high-yield savings certificates
Interest rate hikes deemed detrimental to economy, inflation goals, says Abdel-Aal