Industry specialists debate the causes and consequences of skyrocketing real estate prices

CAIRO: As property prices have skyrocketed in Egypt - mainly driven by hikes in construction material - it is new homeowners that will pay the price, argue experts during the…

Sherine El Madany

Real estate holds key to higher growth, employment rates, says Investment Minister

CAIRO: The real estate market is the main driver behind Egypt's higher growth and employment rates, said Investment Minister Mahmoud Mohieldin in his keynote address Monday at the Euromoney Egypt…

Sherine El Madany

Capitalizing on mortgage finance

CAIRO: Establishing a solid mortgage finance market is vital to maintaining the success of the real estate sector, experts said Monday at the Euromoney real estate conference.With 22 banks and…

Reem Nafie

Building a better framework for housing market

CAIRO: "The real estate market is one of the most important sectors in Egypt, said Ahmed El-Maghrabi, minister of Housing, Utilities and Urban Development.In his keynote speech at the Euromoney…

Reem Nafie

Meditations in the anodyne

There's self-destructive poetry, which breaks the conventions of traditional poetry in the name of inspiration, and then there's the destruction of poetry itself, that does neither. Nafisa El-Sebai's "Meditations in…

Michaela Singer

Post-American Israel

Israel is one of the only places in the world where Georges W. Bush can be greeted with real enthusiasm and even affection. The most unpopular American president in recent…

Dominique Moisi

UN's Russian roulette for poor patients

Ministers at the World Health Assembly in Geneva celebrated unprecedented amounts of money for fighting diseases in Africa. The US Congress has just committed $50 billion over the next five…

Daily News Egypt

A surprising interfaith youth meeting

Eighteen teenagers jot down on colorful post-it notes their one-word impressions of the eight religions listed on the poster boards in front of them.Some show no reservations as they work…

Daily News Egypt

Hard Talk: More Growth = More Poverty

The National Planning Institute, a state-run entity, issues an annual report on human development in Egypt. The issuance of this report in collaboration with the UNDP gives it a little…

Daily News Egypt