Increase in demand for real estate in fourth-generation cities in coming period, says Ragab
Latest by Shaimaa Al-Aees
Some construction stakeholders believe decision will increase market stagnation
Latest types of IP Video Surveillance system to be used
Factories to be given approval in 24 hours manufacture fabric masks, says Ghazi
Division members have long waited to implement promise by Gamea to reconsider decisions of important regulations, Tahawi
TSFE plans long-term investments in natural strategic champions, commercial investment opportunities abroad, says Soliman
Government, real estate developers can cooperate to preserve real estate market in face of health crisis
Developers to reduce marketing, construction costs during crisis by 50%-75%, says Aqarmap
Market’s confidence in bank, despite current uncertainty, was testament to strength of Afreximbank’s investor relationships
Member states will electronically publish new trade, customs measures in response to pandemic
Arab countries have been swift to act on the current health crisis, protect citizens and secure economic support
Investors with incomes of up to EGP 2,500 acquired EGP 18m in 171 mortgage contracts during the first two months of 2020. This compared to EGP 90.6m in 861 mortgage contracts in the first two months of 2019.
GOEIC Chairperson Ismail Gaber said the unit obtained this accreditation due to the approach the organisation has adopted in complying with the highest international quality standards.
Abdel Raouf added that attention must be paid to distributing the funds equally to all contracting sectors companies, regardless of their size.
Public tender project offers should restart, opportunities expanded in construction sector, says Abdel Raouf
Full real estate sector recovery expected in one year, though less sales expected due to crisis says Degheady
Macroclimate to benefit construction industry in coming period, Allam
Budget revenues down EGP 75bn, of which EGP 65bn decline in tax revenues
Next budget of New Urban Communities Authority will also be increased
Export Development Fund disburses EGP 2.133bn in export subsidies from January to April
Pandemic fallout may see greater digitisation and resilience of healthcare, less globalisation and higher debts
Project has seen rapid progress, with several leading construction companies involved in bidding
Company eyes EGP 7bn sales by year-end
Company signed protocol with aiBANK to finance clients, negotiates with other banks, says chairperson
Al-Arish desalination plant is expected to process 100,000 cbm/day of seawater, with total first phase investments exceeding EGP 60m, says Madwar
The partnership, delivered through the InnovFin Advisory programme, will see the EIB provide strategic financial advice and support to CEPI and its members on how best to accelerate vaccine development.
IATF 2020 Advisory Council to also postpone third edition of IATF from 2022 to 2023
EIB offers additional funding for medical supplies, equipment needed according to Egypt’s crisis response
Protective suit, designed for use in fight against coronavirus, can be washed 40 times and sterilised 60 times
The sharp decline has been attributed to the worldwide decrease in global demand and the halting of many economic activities due to the ongoing coronavirus (COVID-19) pandemic.