Egypt Restores 815 Feddans of Land in Alamein Worth Over 20 Billion Egyptian Pounds
EconomicsNov 01
Egypt Restores 815 Feddans of Land in Alamein Worth Over 20 Billion Egyptian Pounds
The Egyptian government has restored 815 feddans of land in Alamein from January to October 2026 for over 20 billion Egyptian pounds.
Egypt Plans to Launch Short Selling Mechanism in November
FinanceOct 29
Egypt Plans to Launch Short Selling Mechanism in November
The Egyptian Financial Regulatory Authority (FRA) intends to launch a short selling mechanism in November, Chairman Islam Azzam said in an interview with Asharq Bloomberg. According to him, the measure aims to increase liquidity in the stock market and expand trading tools for investors.
Egyptian Banks Suspend New Loans to Real Estate Companies
EconomicsOct 12
Egyptian Banks Suspend New Loans to Real Estate Companies
Egyptian banks have temporarily halted the issuance of new loans to developers until the assessment of troubled projects is completed.
Egypt implemented an automated monorail network to relieve traffic in the metropolis
Egypt implemented an automated monorail network to relieve traffic in the metropolis
Egypt has officially inaugurated the first operational line of its groundbreaking automated monorail system, marking a major milestone as the first of its kind on the African continent. According to