The loan will assist the Egyptian bank in developing its MSME lending activities, and expand access to finance for underserved MSMEs.
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The company’s Chairperson Ashraf Badea said that Verona is located on an area of 2,085 sqm. It is a nine-storey mixed-use building, comprised of medical, commercial and administrative units, with areas starting from 26 sqm per unit, and prices ranging between EGP 18,000-EGP 22,000 per square metre.
CPA has received consumer complaints related to arbitrary, monopolistic practices of many real estate development companies
The decision was announced by Mohamed Khamis Shaaban, Secretary-General of the Egyptian Federation of Investors Associations (EFIA), following his meeting with Maait last Wednesday.
Egypt has worked hard to improve, create appropriate atmosphere for investing in renewable energy, says Cyrill Nunn
Company has invested EGP 71bn in property projects in Greater Cairo, Red Sea, and North Coast
The electronic management will be handled via a nationwide network of logistics centres, some of which have already begun operating in Cairo, West and East Port Said, and Ain Sokhna. Further logistics centres are scheduled to commence operations in Alexandria by the end of this month, Damietta in November, and Dekheila city in January.
NAC is one of most promising national projects due to its clear and specific vision
Company intends to begin sales for its Spot project this month
Company plans project delivery by 2023 end, with unit areas ranging from 80 sqm to 320 sqm
EU-UfM will hold second Egypt Water Governance and Business Forum on 19 October, on sidelines of third Cairo Water Week
Government negotiates with foreign investors to establish new renewable energy projects with capacity of 2,000 MW
Cairo Gate is Emaar Misr’s first project in west Cairo, spanning an area of 133 feddans in the heart of Sheikh Zayed, with investments amounting to EGP 11.5bn.
The premises also encompasses the Egyptian German Technical Academy (EGT Academy) as state-of-the-art training hub for the vocational training in the region. Specifically, the Academy represents a strategic alliance between Siemens and the Deutsche GesellschaftfürInternationaleZusammenarbeit (GIZ)-on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).
The NSWMP aims to implement effective policy, legislation, and institutional arrangements for waste management in Egypt, coupled with the related infrastructure.
Salib said that the company is developing The City Valley compound, which is worth EGP 4bn in investments, on 63 feddans in the NAC’s R7 district, with the project comprised of 57 villas and 51 buildings.
This initiative takes place in cooperation with the Egyptian Ministry of Environment, CID Consulting, and Paymob.
NAC will be ideal model in waste recycling, says Mohieldin
Company directs investments of EGP 500m in Mokattam’s Business Arena commercial project
Amorada, which was constructed with total investments amounted to EGP 600m, boasts a built-up area of 22.5%, and includes 272 units of varying areas, in addition to a commercial mall.
Company records EGP 1bn in sales since launch of its project in NAC
IPS GCC promotes Egyptian real estate in Gulf region
Developing unsafe and informal settlements has cost about EGP 424bn so far
Egypt government held ‘Hello Schools’ exhibition in September to provide school supplies at reasonable prices with discounts up to 50%
Solution enables new hospital to be built and operational within 150 days in case of urgent needs for medical facilities
The loan will exclusively finance a package of energy and water efficiency investments to modernise and upgrade the APC’s refinery with processes capable of producing higher value added products.
Company plans to turn into general developer by end of 2023
Company intends for all units to be sold within 18 months, with expected sales of between EGP 500m-EGP 600m within year
The exhibition provided companies with the platform to attract a large base of customers, particularly following the almost total halt of sales in the past six months due to the pandemic.
Pandemic provides real estate developers with new experiences to deal with any crisis in market, says Tarek Shoukry