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Business
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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.
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Business
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Economy
10/30/2023 2:59:58 PM
Egypt's efforts to open up residential property ownership to foreign individuals have yielded success in the third quarter of 2023 (3Q 2023).
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Business
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Economy
10/23/2023 4:47:13 PM
The Egyptian Exchange (EGX) is finalizing a system for a real estate exchange to be launched within four months, according to the bourse's Chairman Ahmed El-Sheikh.
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Business
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Economy
10/11/2023 3:53:06 PM
Egypt and the UAE shared the second place spot for value of ongoing real estate projects in the Middle East and North Africa (MENA) region in the first half (H1) of 2023, with both countries having $500 billion worth of projects, according to a report by global property intelligence JLL.
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Business
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Markets & Companies
10/2/2023 4:32:20 PM
Egyptian mega company Orascom Investment Holding (OIH) sold subsidiaries in Brazil's São Paulo for $17.88 million, according to a bourse filing on Monday.
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Business
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Economy
10/2/2023 3:24:17 PM
Egypt’s Social Housing and Mortgage Finance Fund (SHMFF) signed a protocol with QNB Al Ahli, the Egyptian arm of the Qatari QNB Group, to offer EGP 2 billion in financing for low- and middle-income citizens.
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Al-Ahram Weekly
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Egypt
9/30/2023 9:39:00 AM
Experts explain why real-estate developers in Egypt are making higher profits despite selling fewer units.
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Business
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Economy
9/25/2023 5:21:37 PM
The Egyptian private real estate sector is developing $180 billion in real estate projects, accounting for 66 percent of total investments in the sector and 85 percent of all ongoing real estate projects in the country, according to a report by Property Finder.
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Business
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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.
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Business
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Economy
8/17/2023 12:17:01 PM
Chinese leader Xi Jinping has called for patience in a speech released as the ruling Communist Party tries to reverse a deepening economic slump and said Western countries are “increasingly in trouble” because of their materialism and “spiritual poverty.”
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Business
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Economy
8/14/2023 2:51:15 PM
The 15 percent of Egyptians who rent have seen their housing costs increase over the past year due to surging demand and a backdrop of unrelenting inflation.
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Al-Ahram Weekly
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Egypt
8/11/2023 6:56:00 PM
The demand for gold in Egypt almost tripled during the second quarter of 2023.
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Al-Ahram Weekly
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Egypt
8/11/2023 1:34:00 PM
The recent rise in interest rates has had little effect on real estate financing and the middle-income housing initiative.
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Egypt
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Politics
8/9/2023 9:33:06 PM
The Cabinet passed a draft law in its weekly meeting on Wednesday to establish a national ID system for real estate properties.
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Al-Ahram Weekly
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Egypt
8/5/2023 9:34:00 AM
New Alamein projects have increased the price of real estate units across the North Coast.
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Business
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Markets & Companies
8/3/2023 5:34:13 PM
Margins Developments intends to launch a new serviced residences project in New Cairo with a prime location on 30 feddans as part of the company's plan to benefit from investment advantages of the city, as well as diversify its investment portfolio, besides, providing a real estate product commensurate with market developments.
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Business
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Economy
7/25/2023 7:26:32 PM
The state-owned National Bank of Egypt (NBE) and Banque Misr announced on Tuesday a bundle of new services and privileges for Egyptians working aboard.
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Business
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Economy
7/17/2023 10:17:40 AM
China's lower-than-expected growth in the second quarter comes as the world's second largest economy is hit by sluggish consumption, a real estate sector in crisis and worries over deflation.
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Business
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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.
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Business
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Economy
7/5/2023 6:36:59 PM
The Egyptian Cabinet issued a decree on Wednesday allowing foreigners to buy real estate properties without restrictions while requiring them to pay in hard currency.
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