Proposal to provide mortgage for under-construction units stimulates local market, but needs CBE support
The value of finance provided by mortgage finance companies amounted to EGP 8.1bn in 2021, and reached nearly EGP 4bn in the first quarter of the current year. The Committee…
Real estate, automotive sectors affected by local currency devaluation: OLX Egypt
The study showed a 15% reduction in real estate listings during June compared to May, and 35% decline in June car listings compared to March.
African Ministers of Finance, Economy, Environment to discuss financing and climate issues
This came in a bilateral meeting with Malian Minister of Finance and Economy Alousseni Sanou on the side-lines of their participation in the annual meetings of the African Export-Import Bank…
HSBC Egypt launches Green Personal Finance for more sustainable choices
HSBC Green Personal Finance is available exclusively for the purchase of electric vehicles or solar panels for homes and associated installation expenses
FRA, African Development Agency to urge Egyptian companies to adopt sustainable insurance
This is to support Egyptian and regional insurance companies and encourage investment in innovative solutions to address climate change.
Egypt’s 1st Venture Capital Summit to provide enabling environment for innovative entrepreneurs: CBE
The summit will showcase Egypt’s efforts to become a regional fintech gateway in the Arab World and Africa
Egypt’s new FY’s budget exceeds EGP 3 trillion
We aim to record a real GDP growth rate of 5.5% in the new FY; achieve primary surplus of EGP 132bn: Finance Minister
FM heads toLuxembourg for Egypt-EU Participation Council
The council is expected to agree on a document of priorities between Egypt and the EU, which will serve as a framework for cooperation between the two sides during the…
Egypt, Bahrain, Jordan hold tripartite summit
The meeting also addressed enhancing the efforts of joint Arab action
Beyooot — Egypt’s first electronic platform using AR technology to export furniture
Beyooot aims to provide furniture products to be displayed on the platform and exported to foreign markets.