U.S. President Donald Trump, in a surprise announcement, said on Monday he is taking hydroxychloroquine as a preventive medicine against the coronavirus despite medical warnings about the use of the malaria drug.
"I'm taking hydroxychloroquine," (...)
The third edition of Builders of Egypt Forum has kicked off in Cairo on Sunday, under the patronage of Egyptian Prime Minister Sherif Ismail.
Minister of Housing Mostafa Madbouly has inaugurated the forum in the presence of Hassan Abdel Aziz, head (...)
Egypt's Federation for Construction and Building Contractors (EFCBC) will present a proposal to the government for amendments to the country's Federation for Construction Law up to the next ten days, its chairman announced Sunday.
"In the next ten (...)
Egypt is currently carrying out 60,000 housing units in the country's anticipated new administrative city, deputy chairman of state-run Administrative Capital for Urban Development (ACUD) said Sunday.
ACUD is the owner and developer for the new (...)
Egypt's construction sector adds around 3.7 million direct and indirect job opportunities, marking 20 percent of total jobs offered by other industries, Planning Minister Hala al-Saaed said Sunday.
"The construction sector has achieved around 17.7 (...)
Egypt's economy is expected to witness more rebound in the coming period, an economist at Oxford Economics' subsidiary said Sunday.
Speaking at Builders of Egypt Forum in Cairo, Nadene Johnson, an economist at Oxford's NKC African Economics, hailed (...)
The International Monetary Fund (IMF) has adjusted its projection for Egypt's growth in financial year 2017/18 to 4.8 percent instead of the previously projected 4.5 percent, to reach 6 percent in the medium term, affirming that the country's (...)
The Egyptian Government signed a Contract with French Dassault Aviation to buy 4 business jets Falcon 7X for 300 million Euros nearly 3 billion Egyptian pounds according to According to French Le Tribune.
It is worth to mention according to Le (...)
Cityscape Global Conference 15th edition is coming back on 5 September at the Conrad Dubai Hotel bringing full spectrum of real estate development and investment .
The exhibition is taking place from 6 September to 8 September 2016 in Dubai World (...)
Egyptian Company for Black Sands company is set to put up a tender to buy black sand equipment from international companies in two months, its chairperson and managing director Ashraf Soltan said Tuesday.
The company is preparing the tender's terms (...)
Egypt's leading construction company, Heliopolis Company for Housing and Development and EGYCO - El Nasr Building & Construction Co. will sign a contract worth 30 million Egyptian pounds ($3.3 million) to develop 22 feddans acres in (...)
Egypt's stock market concluded Wednesday with gains worth 3.686 billion Egyptian pounds (US$415 million), despite local and foreigner investors sell off.
Market Caps
Market capitalisation records 402.703 billion pounds during the closing session of (...)
Colliers International Hotels MENA published Q2 rolling forecast showing that revenues per available room (RevPAR) in Sharm El Shiekh and Hurghada will decline by 54 percent and 48 percent respectively.
Thus, the resort area continues to feel the (...)
The photo shows a street in downtown Cairo full of Ramadan lanterns. If one strolled down one of the Egyptian streets, he could enter into the spirit of Ramadan tasting a special flavour not to be found in any other country.
photo credit: (...)
Egypt's stocks market concluded Tuesday lower weighed by foreign selling pressures. However the main index, EGX30 rose by 0.41 percent, to 7452.88 points.
Other indices; EGX50 EWI index sank 0.36 percent, to 1383.82 points; while EGX20 inched up (...)
Egypt's stocks market concluded Tuesday lower weighed by foreign selling pressures. However the main index, EGX30 rose by 0.41 percent, to 7452.88 points.
Other indices; EGX50 EWI index sank 0.36 percent, to 1383.82 points; while EGX20 inched up (...)
Egypt's President Abdel Fattah al-sisi inaugurates on Monday the first and second phases of Al Asmarat housing project dedicated for risky slums dwellers.
The president opens the project which is located in the neighborhood of El Mokattam in the (...)
Egyptian stock market starts week with losses of 1.8 billion Egyptian pounds (US$ 202 million) despite local and Non-Arab buying appetites
The market capitalisation recorded 402.242 billion pounds during the closing session of (...)
The Egyptian army is still hunting for "more body parts" and other debris from a site in the Mediterranean where the missing EgyptAir flight is assumed to have crashed on Thursday. Thus, Ongoing efforts are being made to find large pieces of (...)
Egypt's bourse concluded slightly higher on Wednesday to earned gains worth 1.123 billion Egyptian pounds ($126.5 million) on Arab and Foreign buying appetites.
Indices
Main index jumped 1.15 percent, to 7637.04 points,
Other indices; EGX50 EWI (...)
A magnitude 4.8 earth quakeon the Richter scale struck a number of Egyptian governorates at 3:46 am according to the European-Mediterranean Seismological Centre (EMSC).
The epicenter of the earth quake was 8 k.m south of Nuwaybi'a Nuwaibi city on (...)
The photo depicts a Palestinian girl wearing hair clip of a key and earrings that hold number 68. Palestinians commemorate the "nakba" (catastrophe): the expulsion of some 700,000 Palestinians from their homes in the war of 1948, which resulted in (...)
Egypt's bourse closed higher Monday triggered by non-Arab foreign investors' buying appetite.
Main index gained 0.49 percent, to 7409.27 points.
Other indices; EGX50 EWI index fell 0.34 percent, to 1375.38 points; while EGX20 rose 0.33 percent, to (...)
Egypt's President Abdel-Fattah al-Sisi inaugurated Thursday over 30 projects in Badr City in various fields, including Housing, Urban Development and Roads projects.
The projects were implemented by the Armed Forces Engineering Authority.
Headed by (...)
Egypt's bourse ended higher Monday buoyed by Arab investors' buying appetite.
Main stock index, EGX30 gained 0.98 percent, to 7646.02 points.
EGX50 EWI index went up 0.65 percent, to 1421.53 points; EGX20 also rose 0.94 percent, to 7697.36 (...)