Egypt to launch EGP 20bn worth medical tourism city in Badr

The medical tourism city to be built over 109 feddan within five years

Shaimaa Al-Aees

DETGD calls for communications unit within each new city

Egypt is making strong strides in the field of digital transformation, Internet of Things (IoT), and artificial intelligence (AI) through the creation of smart cities and communities, which will put…

Shaimaa Al-Aees

CBE’s mortgage finance interest rate projected to reach 8-12%

The Egyptian Real Estate Council proposed to set an interest rate of 8-12% on mortgage finance for middle-income housing units

Shaimaa Al-Aees

Real estate developers aim to participate in Egypt’s social, middle-income housing

The minister explained that the partnership reflects the mutual trust between the government and the private sector

Shaimaa Al-Aees

Egypt’s exports to Arab countries hike by 7.7% in February, reaching $860.4m

The report added that the UAE is the largest Arab importer of Egypt's products in February 2019, with a total export of $177.9m, compared to $202.4m during February 2018, a…

Daily News Egypt

G20 finance leaders agree trade tensions have ‘intensified’

International Monetary Fund chief Christine Lagarde said trade tension was the "major" headwind facing the global economy, telling Japan's Nikkei daily it was a "significant risk on the horizon."

Daily News Egypt

Sharq El Owainat to be linked to electricity grid next month

The Egyptian Electricity Transmission Company (EETC) is preparing to receive newly established electricity pylons that will link the Balat substation with Sharq El Owainat in the New Valley governorate next…

Mohamed Farag

Suez Canal’s transfers to Egypt’s public budget reached its highest level ever in FY 2018/19

Canal's revenues increase by 40.4% in current FY recording EGP 104.2bn

Daily News Egypt

EGX trading expected to recover as indexes continue at a weak performance

Absence of stimulus, positive news, foreign sales and trade escalation weaken the market's attractiveness

Alyaa Stohy

Number of 8 Egyptian tour operators likely to visit Indonesia in June

Numbers of Indonesian students in Egypt witness a significant increase, says ambassador

Hagar Omran