The Egyptian Stock Exchange is planning to establish a real estate index that has companies’ performance and unit prices, EGX Chairman Mohamed Farid said during an AmCham conference, according to Al Mal. The index is intended to make accurate data available on the prices of different types of development across the country, as well as demand for real estate products, in addition to tracking changes in both, according to earlier reports.
More from Enterprise
Your points are currency, treat them like one
Most people treat credit card points like a pleasant surprise:…
How should young people think about money and budgeting?
Your income and your time are your biggest assets in…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
The apps reshaping how we manage money
Today, users can invest in stocks, gold, or money market…