Egypt opens up land sales to foreigners for US dollars
In an effort to boost foreign currency reserves, Egypt will sell designated plots of land to foreign businesses for US dollars.
Source: egyptindependent.com
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Egypt sold $2 bln of land in 6 months: Minister - Economy - Business
Egypt has sold $2 billion worth of land between 1 January and 30 June 2023, announced Minister of Housing Assem El-Gazzar on Thursday after the Cabinet meeting on Thursday
Source: ahram.org.eg
Egypt's LRT to halt services for few hours on Wednesday to test firefighting systems - Urban & Transport - Egypt
Egypt's light rail transit (LRT) will suspend operations for several hours late Wednesday, 19 July, to conduct routine tests of its fire safety and smoke evacuation systems, the National Tunnel Authority (NAT) said in a statement on Tuesday
Source: ahram.org.eg
Egypt to sell over 10 army-owned companies: PM
The premier's announcement came one day before Fitch Solutions had raised its forecast for Egypt’s inflation in 2023 to 32.3 per cent, up from an average of 25.9 per cent in the previous month.
Source: newarab.com
Prime Minister Madbouly: Egypt Will Not Fail to Repay its Debt
Egypt “has not failed and will not fail” to pay its international debts, said Prime Minister Mostafa Madbouly in a press conference in New Obour City on Saturday, 29 April. The prime minister also said that seeing through commitments is a cornerstone of Egyptian policy, as well as the “state’s ideology.” Madoubly added that Egypt
Source: egyptianstreets.com