Egypt’s unemployment rate finally fell below 10 percent, the first time it has been that low since …
Ahmed Fayez
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BanksFeature
Egypt signs €205 mln EBRD loan to renovate oldest metro line
by Ahmed Fayezby Ahmed FayezEgypt has signed a €205 million ($239 million) loan with the European Bank for Reconstruction and Development …
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Real Estate
Egypt allocates state-owned lands for developmental projects
by Ahmed Fayezby Ahmed FayezEgypt’s Prime Minister Moustafa Madouly issued decrees on Tuesday approving the allocation of a number of state-owned …
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FeatureReal Estate
Egypt allocates 125 feddans in Port Said for social housing
by Ahmed Fayezby Ahmed FayezEgypt’s Prime Minister Moustafa Madbouly issued a decree on Thursday approving the allocation of around 125 state-owned …
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FeatureIndustry & Trade
Engie, Toyota, Orasom sign $650 mln power deal with Egypt
by Ahmed Fayezby Ahmed FayezEgypt signed on Wednesday a deal with a consortium of three firms to build a 500 megawatt …
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FeatureReal Estate
Egypt PM issues decree to assign Port Said’s land plot for SHF
by Ahmed Fayezby Ahmed FayezEgypt’s Prime Minister and Housing Minister Moustafa Madbouly issued Monday a decree to allocate one of the …
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FeatureReal Estate
Egypt Oks 9,600 feddans allocation for New Luxor’s urban community
by Ahmed Fayezby Ahmed FayezEgypt’s Cabinet has ratified Wednesday to allocate a number of the state’s land plots over 9675.43 feddans …
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BanksFeature
Egypt’s Cabinet approves $200 mln EBRD energy efficiency loan
by Ahmed Fayezby Ahmed FayezEgypt’s government approved on Wednesday a $200 million loan deal signed with the European Bank for Reconstruction …
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FeatureIndustry & Trade
Egypt plans to remove fuel subsidies in 2019: Oil Minister
by Ahmed Fayezby Ahmed FayezEgypt plans to remove fuel subsidies next year, Oil Minister Tarek el-Molla said on Wednesday.
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The World Bank on Wednesday raised its growth forecast for Egypt’s economic growth in the 2017/2018 financial …