Imports also witnessed a decline of 3% to record $57.709bn compared to $59.336bn during the same period last year with a decrease of $1.660bn.
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Six branches of Tamweely in the post offices in Sharqia, Beni Suef, Sohag, and Qena will be inaugurated: Ahmed Khorshid
Company to build another project in the NAC in 2020, says chairperson
Arkan believes in the importance of promoting and sponsoring art and photography projects in Egypt, and the positive impact the art can have on society.
Company targets EGP 450m in sales by year-end, says chairperson
The project is located in R8 neighbourhood in the NAC, near to the service area in the new capital. Its built-up area is 20% and the rest is allocated for green spaces and artificial lakes.
Company plans to deliver Pukka project in New Capital in 2022 and 2023, says chairperson
Project’s investments are worth EGP 1.2bn
The visit was a part of the Egyptian-Danish Dialogue Initiative, the first edition of which was launched last year with the aim of exchanging expertise in the design and manufacture of furniture between Egypt and Denmark.
A total of 27 contracts were signed for a total value €4bn from 2015 to 2019, with average amount per year was hence €800m, says Scannapieco
The NUCA has handed over a 500-feddan plot of land to Emaar in Sheikh Zayed Extension City for another full-service residential project with investments worth approximately EGP 37.8bn and will create more than 70,000 direct and indirect jobs.
Egypt’s food additives market reached €100-130m and the company’s market share is 30%
Will offer New Salhia project for agricultural reclamation through special developer system soon
“Recent meeting with president Al-Sisi encourages us to invest more in the market,” says chairperson
The authority aims to implement co-operative housing projects in New Obour, New Sixth of October, and Upper Egypt cities, says Hossam El Din Rizk
Project’s investments reached EGP 1.2bn, of which EGP 60m for first phase
EBRD to have four offices in Egypt by 2020, says bank’s president
Establishment of a training centre for real estate technical employees, says deputy housing minister
Annual increase in population is 3 million citizens, expected to reach 150 to 180 million by 2052, says deputy minister of housing
Available projects are in the sectors of tourism, livestock, real estate, and pharmaceuticals, says Tawfik
The ministry plans to offer new lands through Beit Al Watan project in New Cairo and New Mansoura
Decision depends on the Shareholders’ meeting in May, says Chakrabarti
Securing soft loans is the main pillar of Africa’s development, says the president
Sarwa Capital, Banque Misr closed EGP 4bn securitisation bond for NUCA
During a session entitled, “stimulating investments for industrial transformation in Africa”, the minister said, “Boosting collaboration among African countries will positively reflect on developing African economies, and will play an important role in achieving economic and social equality in the continent.”
The AOI’s investment has doubled in Africa, says Al-Taras
“We discuss with international financial institutions offering new financial instruments supporting the regional in cooperation with Africa,” says Nasr
Hashem noted that the Made in Africa workshop represents an important step to support the joint African action and one of the efforts exerted by Egypt in cooperation with other African countries to achieve the objectives of the African agenda and executive steps to achieve comprehensive and sustainable industrial integration in Africa.
Africa expected to achieve 4% economic growth, while some European countries likely to grow by only 1.9%, says AfDB’s socio-economist
The company is investing around EGP 40m in its new factory in Tenth of Ramadan