One child is orphaned every 12 seconds due to a novel coronavirus (COVID-19)-associated death, according to new data from the World Bank.
The world has been closely tracking the death toll related to the virus, with official mortality counts now (...)
France's Vicat Group is keen to keep on investing in Egypt throughout times of prosperity and crises, according to Sinai Cement Country Manager Tamer Magdy.
These provide the strongest reasons that push the company to continue its work in the (...)
The French Institute for Oriental Archaeology (IFAO) is involved in 35 archaeological missions across Egypt and carries out about 100 scientific operations per year, according to the institute's director, Laurent Coulon.
In an interview with Daily (...)
In the fifth edition of the Think Commercial roundtable held on Wednesday, Egypt's real estate developers presented recommendations for strengthening the local market in the coming period in light of the ongoing state-led urban (...)
Egypt's New Administrative Capital (NAC) is an integrated smart city, according to Khaled El-Husseini, spokesperson for the Administrative Capital for Urban Development company (ACUD).
El-Husseini also said that it is being set up with an integrated (...)
Egyptian real estate developer Concept Development has launched its second project in the New Administrative Capital (NAC), named SENET 2, with investments worth EGP 260m.
The project is comprised of 210 units of various sizes, and serves as (...)
Zodiac Development has announced that it has contracted with a number of major consulting companies in the Egyptian market.
The move will see the contracted companies manage, carry out, and supervise engineering and architectural designs at the (...)
Contact Developments has unveiled its latest projects in the New Administrative Capital (NAC), called Quan Iconic Tower, which will receive EGP 1.5bn in investments.
The 25-storey project is located on the Central Business District, and will cover a (...)
Margins Developments has begun excavation and construction work for its new project, Zia, which is comprised of commercial, medical, and administrative units, according to Vice Chairperson and Managing Director Ashraf Shaheen.
Speaking at a press (...)
Egypt's Minister of Trade and Industry Nevine Gamea has announced that the country's non-oil exports recorded a significant increase of 19% in the first five months of 2021.
They reached $12.323bn during this time period, compared to approximately (...)
Savills, a leading global real-estate consultancy, has launched its first Egypt Property Report, offering a comprehensive look at the Greater Cairo real estate market.
The report also provides an in-depth analysis of the residential, administrative, (...)
Al Marasem Development and Marina Way Lagoon have contracted with Rotana to manage and operate their serviced apartments, with a view to achieve the highest investment returns.
In a celebration held on Wednesday evening, the company explained that (...)
A total of 4,000 Egyptian importers have registered so far on the Advance Cargo Information (ACI) system.
This figure represents about 1.5% of the total number of importers, according to Matta Beshay, Head of the Internal Trade Committee at the (...)
City Edge Developments (CED) has signed a memorandum of understanding (MoU) with Sky Investments for the latter to participate in the marketing, leasing, and property management of brands in CED's project in Sheikh Zayed city.
Moreover, the two (...)
MAVEN Developments, a sister company of US company the RiverWards Group, has launched the Cali Coast project, located on Egypt's North Coast, with total investments of EGP 15bn.
The launch of the 230 feddan project was announced during a press (...)
MBG Developments has invested over EGP 7bn in Egypt's real estate market, distributed across the New Administrative Capital (NAC) and the Delta region, according to the company's CEO Amr El-Adl.
He added that the company seeks to increase its (...)
Egypt's Chemical and Fertilizers Export Council has reported that the sector's exports during the first four months (4M) of 2021, covering the period from January to April, amounted to $1,95bn.
This reflected a growth rate of 30% compared to the (...)
The Egyptian market has shown a lot of resilience, particularly in prices, during the novel coronavirus (COVID-19) pandemic, according to Heike Harmgart, Managing Director for the Southern and Eastern Mediterranean Region, European Bank for (...)
The Maxim Investment Group (MIG) has rolled out its new action plan that seeks to prioritise markets where the company can be relevant and grow sustainably in the long term.
This will also see the company work to boost its growth potential, while (...)
The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, driven largely by strong rebounds from a few major economies, the World Bank said.
Noting in its June 2021 Global Economic Prospects, the World Bank (...)
Egypt's economy is expected to grow by 2.3% in fiscal year (FY) 2020/21, down 0.4% from the previous project of 3.7% in January 2021, according to the World Bank's Global Economic Prospects report June 2021.
The report said that the country is (...)
Business France, a government agency for international development, is to organise a three-day event in Cairo on 7-9 June.
The event will take place under the title "French meeting days with IFIs and leading private partners in Egypt".
Many key (...)
Egypt's Minister of Housing, Utilities, and Urban Communities Assem El Gazzar and Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group (TMG) Holding, have laid the foundation stone for Noor City project in Capital Gardens (...)
Living Yards Developments (LYD) has launched its latest world-class integrated iCity, The Loft Plaza, exquisitely located at the heart of Egypt's New Administrative Capital.
Throughout the past years, LYD invested in several real estate projects, (...)
A new study, presented by Professor Kenneth Warner, Avedis Donabedian Distinguished Professor of Public Health and Dean Emeritus at the University of Michigan, has shown that using alternative nicotine products increases the numbers who stop (...)
