Developers’ offering guaranteed rental income to property owners is ‘advertising’, unrealistic: Experts
Companies resort to overpricing units in order to afford guaranteed rental income to customers
Egypt prepares 210 low-emission buses in Sharm El-Sheikh to transport COP27 delegates
The meeting tackled the latest updates regarding the ongoing preparations for Egypt’s hosting of the UN Conference of Parties on Climate Change (COP27) in Sharm El-Sheikh this November in terms…
Emigration Minister, President of BM discuss provision of services for Egyptians abroad
The bank grants real estate financing of up to EGP 5m to purchase ready-to-deliver units
Austrian delegation to visit Cairo to discuss managing water resources
The visit will hopefully lead to many more successful joint projects between Egypt and Austria and bolster their water security
46% increase in average daily use of mobile internet in the summer of 2022: NTRA
Furthermore, according to the report, the rates of fixed Internet use increased by 32%, supported by an increase in the number of fixed internet users by about 904,000 users.
Six securitisation issuances expected this year worth EGP 6bn
Raouf added that the issuances will be made in the consumer finance, real estate, and financial leasing sectors, noting that the volume of financial and real estate leasing ranges from…
1st Al-Dau International Festival of Arts kicks off in Hurghada
Idea of festival is inspired of Red Sea’s historical role in international trade
Al-Sisi stresses Egypt’s aspiration to develop cooperation with Kuwaiti business community
Ambassador Bassam Radi , the spokesperson of the Egyptian presidency, stated that the president welcomed the delegation, and said that he visit reflects the spirit of brotherly cooperation between Egypt…
FM Shoukry meets chief of German Friedrich Ebert Foundation in Cairo
Ambassador Ahmed Abu Zeid, the official spokesperson of the Foreign Ministry, said that the meeting confirmed the importance Egypt attaches to its relationship with Germany as an important political and…
Domestic liquidity in Egyptian banking sector increases to EGP 6.808trn in August 2022: CBE
Volume of non-governmental bank deposits in local currency increased to EGP 5.128trn
