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Business - Tech
6/10/2024 6:05:26 PM
Apple's annual World Wide Developers Conference on Monday is expected to herald the company's move into generative artificial intelligence, marking its late arrival to a technological frontier that's expected to be as revolutionary as the invention of the iPhone.

Advertising - Sponsored
5/12/2024 12:57:52 PM
The AI PC Developer Program and the incorporation of Independent Hardware Vendors aim to accelerate building apps for AI PCs

Business - Energy
2/28/2024 9:44:14 PM
Egypt signed seven Memoranda of Understanding (MOUs) on Wednesday in green hydrogen and renewable energy with seven global developers with expected investments worth $41 billion over ten years, the Egyptian Government announced.

Al-Ahram Weekly - Egypt
2/24/2024 6:54:00 PM
Egypt’s real-estate developers are resorting to new implementation schedules and pricing policies to navigate market challenges.

Business - Economy
2/11/2024 2:12:28 PM
Egypt's leading real estate developer Talaat Mostafa Group (TMG) has completed the final acquisition contract for a majority equity stake of 51 percent with full management rights in seven state-owned hotels, the TMG said in a disclosure statement to the Egyptian Exchange on Sunday.

Business - Markets & Companies
1/29/2024 11:35:32 PM
A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about China’s rising debt burden.

Al-Ahram Weekly - Egypt
1/23/2024 10:35:08 PM
Foreigners are to be allowed to buy real estate in Egypt in foreign currency in exchange for residency in order to boost the country’s currency reserves, reports Safeya Mounir

Business - Economy
1/14/2024 3:47:44 PM
Emirates NBD-Egypt Bank signed a partnership agreement with GV Developments, the developer of the EGP 500 billion Tarboul Industrial City, to offer financial assistance to small and medium-size manufacturers to attract them to the under-construction city.

Business - Economy
1/13/2024 12:56:34 PM
ADQ, an Abu Dhabi-based investment and holding company, and ADNEC Group signed on Friday definitive agreements for the strategic acquisition, through a capital increase, of a 40.5 percent stake in the leading Egyptian real estate developer Talaat Mostafa Group's hotel arm, ICON.

Business - Economy
12/20/2023 9:20:11 PM
Egyptian leading real estate developer Talaat Mostafa Group (TMG) announced that its hotel arm, ICON, has finalized an $882 million deal to acquire a 39 percent stake in Legacy Hotels, which owns seven historical state-owned hotels, TMG’s Chairman Hisham Talaat Mostafa stated in a press conference on Wednesday.

Business - Energy
12/20/2023 3:07:59 PM
Egypt signed an agreement with Saudi Arabia’s utility developer ACWA Power to develop a green hydrogen project in the Suez Canal Economic Zone (SCZONE) with investments exceeding $4 billion, according to a Cabinet statement on Wednesday.

Business - Markets & Companies
12/7/2023 4:10:48 PM
French energy technology company Schneider Electric signed a memorandum of understanding (MoU) with Egyptian real estate developer LMD to deploy sustainable solutions across properties in Egypt and the UAE, read a press release by Schneider on Thursday.

Business - Economy
10/30/2023 3:55:13 PM
The Egyptian Exchange (EGX) is preparing to launch a real estate exchange within four months, which will boost the local market, encouraging small investors in the sector and offering a new financing tool for developers, according to experts and key executives who spoke to Ahram Online.

Al-Ahram Weekly - Egypt
9/30/2023 9:39:00 AM
Experts explain why real-estate developers in Egypt are making higher profits despite selling fewer units.

Business - Economy
9/19/2023 9:17:57 PM
Egypt's largest real estate exhibition Cityscape 2023 kicks off tomorrow with attendance from over 70 local and international real estate developers, according to a statement on Tuesday.

Business - Markets & Companies
8/27/2023 9:20:21 PM
Heavily indebted Chinese property giant Evergrande Group on Sunday announced it had suffered fresh losses for the first half of the year.

Business - Markets & Companies
8/16/2023 8:10:18 PM
Administrative Capital For Urban Development (ACUD) has announced a group of payment and project delivery facilities for developers operating in the New Administrative Capital (NAC), according to a statement on Wednesday.

Business - Economy
7/12/2023 2:55:24 PM
Egypt's leading real estate developer Talaat Mostafa Group (TMG) has submitted an offer to the Egyptian government to acquire a "significant stake with management rights in a sizable portfolio of seven state-owned hotels,” according to a bourse statement on Wednesday.

Business - Economy
6/18/2023 5:50:38 PM
The Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA) has partnered with digital platform developer eAswaaq Misr to manage, operate, and market Egypt's inaugural online services platform for SMEs.

Business - Economy
6/5/2023 1:10:57 PM
In April 2022, Intel Corporation, one of the largest semiconductor chip manufacturers and the developer of the x86 series of instruction sets found in most personal computers, announced its strategy that aims to reduce the company’s direct and indirect greenhouse gas (GHG) emissions by developing and adopting more sustainable technology solutions.

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