Egypt’s Prime Minister Mostafa Madbouly announced that the Ministry of Public Business Sector has received the first …
Real Estate
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BanksFeature
German property lender Aareal incurs largest loss this century
by Aya El Sayedby Aya El SayedGerman property lender Aareal set aside $478 million for soured loans in 2023, a record high due …
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FeatureMENA NewsNewsReal Estate
Gulf’s real estate to grow in H1 2024 – Markaz
by Aya El Sayedby Aya El SayedThe Gulf real estate sector will grow in the first half of 2024 due to increasing demand …
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EGXEgypt NewsFeatureNewsStocks
Egypt’s ICON secures majority stake in Legacy Hotels
by Aya El Sayedby Aya El SayedThe Arab Company for Tourism and Hotels Investments (ICON), a subsidiary of Talaat Moustafa Group Holding, has …
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Egypt NewsFeatureInternational NewsNewsStocksWorld
Egypt mulls issuing bonds in UAE, India currencies
by Aya El Sayedby Aya El SayedThe Egyptian government is considering issuing bonds in Emirati dirhams, Indian rupees, and Hong Kong dollars for …
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FeatureIndustry & TradeInternational NewsMoneyNewsReal EstateTech/AI
China’s property sector struggles, Country Garden to sell $530 mln in assets
by Nada Aliby Nada AliChina’s property market slump is getting worse as Country Garden, the largest private property developer in China, …
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BanksEgypt NewsFeatureNews
Egypt signs protocol with CIB to finance low-income housing
by Aya El Sayedby Aya El SayedThe Egyptian Social Housing Fund and the Commercial International Bank (CIB) signed a new protocol to enhance …
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MENA NewsMoneyNewsReal Estate
Jeddah prices stumble as national transactions fall 11.3%
by Sama Mousaby Sama MousaSaudi Arabia’s real estate market witnessed a drop in the volume and value of transaction during the …
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Iraq is set to offer up to 50 housing complexes in 2024 in a post-war plan to …
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Egypt NewsIndustry & TradeMoneyNewsReal EstateTech/AI
Tourist arrivals to Egypt to hit 15mln end-2023 – report
by Sama Mousaby Sama MousaEgypt is expected to welcome 15 million tourists by end of 2023, according to report by JLL’s …