MBG Development sells 75% of NAC’s Pukka project

Sales witnessed significant improvement in 1Q 2020, but fell due to COVID-19 pandemic

Daily News Egypt

Homes Real Estate anticipates EGP 750m sales for developers by year-end

Company achieved sales of EGP 500m for developers in various NAC projects in past year

Shaimaa Al-Aees

KHL Real Estate eyes EGP 2bn sales for developers in 2020

Increase in demand for real estate in fourth-generation cities in coming period, says Ragab

Shaimaa Al-Aees

Construction permits temporarily suspended to stimulate sales in new cities

Some construction stakeholders believe decision will increase market stagnation

Shaimaa Al-Aees

Orange Egypt launches seed support  venture for entrepreneurs, tech start-ups

Company announced digital solutions services challenge in Egypt and Middle East under sponsorship of Orange Group

Daily News Egypt

Victory Link dedicates short code number for donations to medical system

The donations made via the number will go towards developing 113 hospitals and the treatment of over 21 million patients across Egypt.

Daily News Egypt

Arafa Holding reports profit jump of $15.2m end January

Ongoing global pandemic threatens to negatively impact company’s results in FY 2020, says Arafa

Alyaa Stohy

Egypt reports highest daily COVID-19 count of 1,536 cases, 46 fatalities 

Latest figures push total number of cases to 24,985 and 6,037 recoveries

Daily News Egypt

MNHD 1Q net profit up 15% to EGP 378m following solid top-line growth

Presales driven by strong demand for residential units in SARAI, and sale of residential plot in Taj City

Alyaa Stohy

17.3% of Egyptians smoke: CAPMAS

Average annual spending on smoking for Egyptian family with one or more smokers is about EGP 5,798

Hossam Mounir