English

Egypt counts on foreign funds to buy gas as power crisis worsens

Monday, 02 September 2024 06:24 PM

Saudi Arabia and Libya have financed the purchase of gas cargoes worth at least $200 million to help Egypt ease its energy crisis this summer amid a steep decline in domestic gas output, two industry sources familiar with the matter said.

SODIC Announces New Japanese-Inspired Ogami Project on Egypt’s Coastal North Coast

Monday, 02 September 2024 04:10 PM

SODIC, Egypt’s leading real estate developer, proudly announces the launch of its latest coastal project, Ogami, located on Egypt’s North Coast and home to the exclusive Nobu Hotel and Residences enclave in the region. Named after the serene Ogami Island in Japan, the design-led development draws inspiration from its namesake’s famous sunsets, integrating the island's aesthetic into a luxurious E

Jumia Egypt partners with Forsa to offer new financing options to its customers

Monday, 02 September 2024 04:04 PM

Building on its leadership in the e-commerce market, Jumia, a leading e-commerce platform in Egypt, today announced a strategic partnership with Forsa, a subsidiary of Drive Financial, a company within the Ghabbour Auto Group. The partnership aims to provide flexible payment options to customers, enabling a convenient and hassle-free shopping experience.

China Warns Japan of Retaliation for Possible New Chip Curbs

Monday, 02 September 2024 03:57 PM

China has threatened severe economic retaliation against Japan if Tokyo further restricts sales and servicing of chipmaking equipment to Chinese firms, complicating US-led efforts to cut the world’s second-largest economy off from advanced technology.

Australian Home Prices Climb as Perth and Adelaide Lead Gains

Monday, 02 September 2024 08:05 AM

The ongoing imbalance between supply and demand drove house prices higher across Australia’s capital cities in August, though the pace of gains has moderated as affordability constraints emerge.

Savills Egypt reports strong performance in North Coast real estate sales in 2024

Sunday, 01 September 2024 05:03 PM

Ras El Hekma sale rates grow 75% year-on-year, followed by Dabaa and Sidi Henish at 68% each

"IMKAN Misr" Signs Contracts Worth EGP 2.1 Billion

Saturday, 31 August 2024 08:20 PM

IMKAN Misr , a leading real estate development company, has announced signing an agreement with Forward construction for the construction of three new residential areas within Alburouj project, one of the largest integrated residential communities in New Heliopolis, with total investment of approximately EGP 1.6 billion.

Djibouti Planning to Offer Ethiopia Port Access to Ease Tensions

Saturday, 31 August 2024 07:51 PM

Djibouti’s government plans to offer Ethiopia exclusive access to a new port to defuse tensions sparked by the landlocked nation’s ambitions to have a direct route to the sea.

The Fed’s favorite inflation indicator increased 0.2% in July، as expected

Friday, 30 August 2024 07:04 PM

Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to enact its first interest rate reduction in more than four years.

Egypt's Sisi ordered huge wheat purchase fearing new supply crisis، sources say

Thursday, 29 August 2024 09:11 PM

Egypt's biggest ever wheat tender, nearly 20 times its usual size, stemmed from food security concerns sparked by an intelligence briefing given to President Abdel Fattah al-Sisi, according to three security and government sources.

Uber takes stake in SoftBank-backed self-driving tech startup Wayve

Thursday, 29 August 2024 08:18 PM

Uber and British artificial intelligence startup Wayve announced a partnership Thursday that will see the two firms collaborate on autonomous driving technology.

US economy grows at 3% annual rate in Q2، fuelled by strong consumer spending and business investment

Thursday, 29 August 2024 05:15 PM

The US economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday (August 29) in an upgrade of its initial assessment.

Bayut Academy’s Second Wave: Transforming Egypt’s Property Market

Thursday, 29 August 2024 05:04 PM

This expansion has had a transformative impact, revolutionizing the home-searching experience for millions of users in just a few months

Cityscape Egypt’s 13th Edition to be Held Under Ministry of Housing Patronage with PRE and Roya Developments as Gold Sponsors

Thursday, 29 August 2024 03:12 PM

Cityscape Egypt, the leading real estate event, will host its 13th edition from September 25 to 28, under the esteemed patronage of the Ministry of Housing, Utilities, and Urban Communities. This year, Cityscape is also honored to have PRE Developments and Roya Developments as its Gold Sponsors.

Buffett’s Berkshire Hathaway hits $1 trillion market value، first U.S. company outside of tech to do so

Wednesday, 28 August 2024 07:14 PM

Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first non-technology company in the U.S. to score the coveted milestone.

Weekly mortgage demand in the US stalls، even though rates drop to lowest since April 2023

Wednesday, 28 August 2024 07:08 PM

Mortgage rates fell last week for the fourth straight week, but neither current homeowners nor homebuyers seemed particularly impressed.

Libya’s Central Bank Coup Turns to Farce With Plea for Passwords

Wednesday, 28 August 2024 06:50 PM

The plot to wrest control of Libya’s central bank from its embattled governor had everything from an executive order to policemen surrounding the building. What it lacked was one crucial element: the passwords needed to actually take over operations.

Nile Property Expo set to launch in New Jersey on 13 September، featuring Al Ahly Sabbour، Saudi Egyptian Developers، and City Edge

Wednesday, 28 August 2024 04:08 PM

Expo Republic, a company specializing in organizing exhibitions and conferences, is preparing to launch the 13th edition of the Nile Property Expo—the largest real estate exhibition regularly held outside of Egypt—from the state of New Jersey, USA.

Panama Canal Eases Limits That Caused Global Shipping Bottleneck

Tuesday, 27 August 2024 08:24 PM

The Panama Canal is lifting restrictions that caused a global shipping bottleneck as water levels normalize after a severe drought.

African B2B e-commerce startups Wasoko and MaxAB complete merger

Tuesday, 27 August 2024 07:58 PM

Two of Africa's largest B2B e-commerce platforms, Wasoko and MaxAB, have finally completed the continent’s much-talked-about merger, TechCrunch has learned. The all-stock transaction, both companies say, marks “an evolution from B2B e-commerce companies to a multi-vertical ecosystem for Africa’s $600 billion informal retail sector.”

Sony hikes price of ageing PlayStation 5 console in Japan by 19%

Tuesday, 27 August 2024 06:02 PM

Sony on Tuesday announced a price hike for its flagship PlayStation 5 console, even as the device enters its fourth year on the market.

Home prices hit record high in June on S&P Case-Shiller Index

Tuesday, 27 August 2024 05:56 PM

Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller U.S. National Home Price Index.

Schneider Electric Celebrates 100 Years of Impact with TeSys Contactors، Showcasing its Contribution to Advancing Sustainability and Innovation in the Energy Sector

Tuesday, 27 August 2024 05:11 PM

Schneider Electric, the global leader in the digital transformation of energy management and automation, has celebrated the 100th anniversary of TeSys contactors in a special ceremony that gathered customers, partners and media representatives.

S. Africa Seeks $18 Billion for Municipal Power-Grid Boost

Monday, 26 August 2024 09:01 PM

South Africa’s presidency said it plans to set up a body to oversee raising 319 billion rand ($18 billion) that it estimates it needs to repair and upgrade the country’s municipal power grids.

US Consumers Got a $600 Billion Boost From Locked-In Mortgages

Monday, 26 August 2024 07:30 PM

Mortgages locked in at low costs provided US consumers with an extra $600 billion in spending cash since 2022, blunting the impact of the Federal Reserve’s interest-rate hikes, according to analysis by the Swiss Re Institute.

Canada to hit China with tariffs on electric vehicles، steel

Monday, 26 August 2024 04:35 PM

Canada will impose new tariffs on Chinese-made electric vehicles, aluminum and steel, lining up behind western allies and taking steps to protect domestic manufacturers.

Madinet Masr Signs MoU with SCAD to Develop Construction Works in Croons in “Sarai”

Monday, 26 August 2024 02:36 PM

Madinet Masr, one of Egypt's leading real estate developers, signed a Memorandum of Understanding (MoU) with Smart Construction and Development (SCAD), a specialized integrated contracting firm.

Rowan University Launches First-Ever U.S. International Branch Campus in Egypt

Sunday, 25 August 2024 05:09 PM

Rowan University, in partnership with Modern Educational Services, an education investment firm lead by Dr. Ash Rofail, proudly announces the launch of its first ever US University international branch campus in Egypt.

Kicking Off in New Jersey: Nile Property Expo teams up with Nawy to transform the export of Egyptian real estate

Sunday, 25 August 2024 04:46 PM

Expo Republic, the organizer of the Nile Property Expo, has announced its partnership with Nawy, a company specializing in real estate technology, to promote Egyptian real estate abroad and create a breakthrough in exporting Egyptian properties.

Fires observed on board Greek-flagged tanker in Red Sea، says maritime agency

Saturday, 24 August 2024 08:58 PM

Three fires blazed on a Greek-flagged oil tanker in the Red Sea, the United Kingdom Maritime Trade Operations said on Friday, one day after rescuers evacuated its crew in the wake of an assault by Yemeni Houthi militants.

Green

ماونتن ڤيو وكريستال لاجونز يوقعان شراكة استراتيجية بإجمالي استثمارات 5 مليارات جنيه لإنشاء بحيرات داخل مجتمعات ماونتن ڤيو

24 ديسمبر 2024 01:16 م

ماونتن ڤيو وكريستال لاجونز يوقعان شراكة استراتيجية بإجمالي استثمارات 5 مليارات جنيه لإنشاء بحيرات داخل مجتمعات ماونتن ڤيو

24 ديسمبر 2024 01:16 م

ماونتن ڤيو وكريستال لاجونز يوقعان شراكة استراتيجية بإجمالي استثمارات 5 مليارات جنيه لإنشاء بحيرات داخل مجتمعات ماونتن ڤيو

24 ديسمبر 2024 01:16 م

ماونتن ڤيو وكريستال لاجونز يوقعان شراكة استراتيجية بإجمالي استثمارات 5 مليارات جنيه لإنشاء بحيرات داخل مجتمعات ماونتن ڤيو

24 ديسمبر 2024 01:16 م

English

Egypt counts on foreign funds to buy gas as power crisis worsens

SODIC Announces New Japanese-Inspired Ogami Project on Egypt’s Coastal North Coast

Jumia Egypt partners with Forsa to offer new financing options to its customers

China Warns Japan of Retaliation for Possible New Chip Curbs

Australian Home Prices Climb as Perth and Adelaide Lead Gains

Savills Egypt reports strong performance in North Coast real estate sales in 2024

*"IMKAN Misr" Signs Contracts Worth EGP 2.1 Billion*

Djibouti Planning to Offer Ethiopia Port Access to Ease Tensions

The Fed’s favorite inflation indicator increased 0.2% in July، as expected

Egypt's Sisi ordered huge wheat purchase fearing new supply crisis، sources say

Uber takes stake in SoftBank-backed self-driving tech startup Wayve

US economy grows at 3% annual rate in Q2، fuelled by strong consumer spending and business investment

Bayut Academy’s Second Wave: Transforming Egypt’s Property Market

Cityscape Egypt’s 13th Edition to be Held Under Ministry of Housing Patronage with PRE and Roya Developments as Gold Sponsors

Buffett’s Berkshire Hathaway hits $1 trillion market value، first U.S. company outside of tech to do so

Weekly mortgage demand in the US stalls، even though rates drop to lowest since April 2023

Libya’s Central Bank Coup Turns to Farce With Plea for Passwords

Nile Property Expo set to launch in New Jersey on 13 September، featuring Al Ahly Sabbour، Saudi Egyptian Developers، and City Edge

Panama Canal Eases Limits That Caused Global Shipping Bottleneck

African B2B e-commerce startups Wasoko and MaxAB complete merger

Sony hikes price of ageing PlayStation 5 console in Japan by 19%

Home prices hit record high in June on S&P Case-Shiller Index

Schneider Electric Celebrates 100 Years of Impact with TeSys Contactors، Showcasing its Contribution to Advancing Sustainability and Innovation in the Energy Sector

S. Africa Seeks $18 Billion for Municipal Power-Grid Boost

US Consumers Got a $600 Billion Boost From Locked-In Mortgages

Canada to hit China with tariffs on electric vehicles، steel

Madinet Masr Signs MoU with SCAD to Develop Construction Works in Croons in “Sarai”

Rowan University Launches First-Ever U.S. International Branch Campus in Egypt

Kicking Off in New Jersey: Nile Property Expo teams up with Nawy to transform the export of Egyptian real estate

Fires observed on board Greek-flagged tanker in Red Sea، says maritime agency

Green

ماونتن ڤيو وكريستال لاجونز يوقعان شراكة استراتيجية بإجمالي استثمارات 5 مليارات جنيه لإنشاء بحيرات داخل مجتمعات ماونتن ڤيو

صندوق الإسكان الاجتماعي: إطلاق رابط إلكتروني للمواطنين لحل مشكلات رفع المستندات عبر الموقع الإلكتروني

نايا للتطوير العقاري تتعاقد مع فودافون مصر لتوفير خدمات Triple Play داخل مختلف مشروعاتها

أول يناير.. بدء استقبال طلبات تراخيص المباني بالمدن الجديدة إلكترونياً

وزير الإنتاج الحربى يبحث مع سفير مصر بالمغرب الفرص الاستثمارية

السعودية تجمد إجراءات انضمامها إلى تجمع «بريكس»

الأكثر قراءة

ماونتن ڤيو وكريستال لاجونز يوقعان شراكة استراتيجية بإجمالي استثمارات 5 مليارات جنيه لإنشاء بحيرات داخل مجتمعات ماونتن ڤيو

أسعار الحديد والأسمنت اليوم الثلاثاء 24 - 12 – 2024 في السوق المصري

أول يناير.. بدء استقبال طلبات تراخيص المباني بالمدن الجديدة إلكترونياً

نايا للتطوير العقاري تتعاقد مع فودافون مصر لتوفير خدمات Triple Play داخل مختلف مشروعاتها

تضم 5000 وحدة وفيلا سكنية.. وزير الإسكان يستعرض مبادرة «بيتك في مصر» للمصريين بالخارج

المركزي: أكبر 10 بنوك تحقق صافي ربح بقيمة 340.4 مليار جنيه خلال 9 أشهر

حوارات

ماونتن ڤيو وكريستال لاجونز يوقعان شراكة استراتيجية بإجمالي استثمارات 5 مليارات جنيه لإنشاء بحيرات داخل مجتمعات ماونتن ڤيو

صندوق الإسكان الاجتماعي: إطلاق رابط إلكتروني للمواطنين لحل مشكلات رفع المستندات عبر الموقع الإلكتروني

نايا للتطوير العقاري تتعاقد مع فودافون مصر لتوفير خدمات Triple Play داخل مختلف مشروعاتها

أول يناير.. بدء استقبال طلبات تراخيص المباني بالمدن الجديدة إلكترونياً

وزير الإنتاج الحربى يبحث مع سفير مصر بالمغرب الفرص الاستثمارية

السعودية تجمد إجراءات انضمامها إلى تجمع «بريكس»

تسويق و مزادات

ماونتن ڤيو وكريستال لاجونز يوقعان شراكة استراتيجية بإجمالي استثمارات 5 مليارات جنيه لإنشاء بحيرات داخل مجتمعات ماونتن ڤيو

صندوق الإسكان الاجتماعي: إطلاق رابط إلكتروني للمواطنين لحل مشكلات رفع المستندات عبر الموقع الإلكتروني

نايا للتطوير العقاري تتعاقد مع فودافون مصر لتوفير خدمات Triple Play داخل مختلف مشروعاتها

أول يناير.. بدء استقبال طلبات تراخيص المباني بالمدن الجديدة إلكترونياً

وزير الإنتاج الحربى يبحث مع سفير مصر بالمغرب الفرص الاستثمارية

السعودية تجمد إجراءات انضمامها إلى تجمع «بريكس»

أصول TV

ماونتن ڤيو وكريستال لاجونز يوقعان شراكة استراتيجية بإجمالي استثمارات 5 مليارات جنيه لإنشاء بحيرات داخل مجتمعات ماونتن ڤيو

صندوق الإسكان الاجتماعي: إطلاق رابط إلكتروني للمواطنين لحل مشكلات رفع المستندات عبر الموقع الإلكتروني

نايا للتطوير العقاري تتعاقد مع فودافون مصر لتوفير خدمات Triple Play داخل مختلف مشروعاتها

أول يناير.. بدء استقبال طلبات تراخيص المباني بالمدن الجديدة إلكترونياً

وزير الإنتاج الحربى يبحث مع سفير مصر بالمغرب الفرص الاستثمارية

السعودية تجمد إجراءات انضمامها إلى تجمع «بريكس»

"IMKAN Misr" Signs Contracts Worth EGP 2.1 Billion