This factsheet highlights developments in housing construction across different sectors in FY2024/25.
The Egyptian Exchange (EGX) is ready for a new wave of initial public offerings (IPOs) as improving economic conditions, rising market liquidity, and regulatory reforms strengthen investor confidence, EGX Executive Chairman Omar Radwan said.
Egypt’s Accountability State Authority (ASA) and Qatar’s State Audit Bureau have signed a memorandum of understanding (MoU) to expand cooperation in public-sector auditing, exchange expertise, and develop oversight methodologies and tools.
Palm for Investment and Real Estate Development, a subsidiary of Egypt-based luxury real estate developer Palm Hills Developments, has signed a long-term syndicated financing agreement worth EGP 8 billion with Banque Misr and the National Bank of Egypt (NBE).
Dubai-based paid public parking provider Parkin Company PJSC has signed a memorandum of understanding (MoU) with Modon Misr for Asset and Facility Management, Mwasalat Misr and Redcon Properties to explore the development of smart parking and mobility solutions in Egypt.