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The gov’t is pacing out its water desalination plant plans on FX challenges + land allocations
The first group of 3-4 desalination plants will require investments worth c. USD 1.5 bn
Telecoms + tech firms players are doing well despite macro headwinds — but have a challenging road ahead
Results were solid in 2Q despite inflation, devaluation
With inflation + depreciation, real estate remains an investment favorite
A boom in GCC tourism in the North Coast has buoyed demand for second homes
The gov’t new unified contracting system to regulate the government procurement market
The new system aims to end major companies’ monopoly over the state’s projects
What could a real estate asset bourse do to prop up the industry?
A proposal to set up a dedicated exchange could help reel in liquidity, industry players suggest
Taking stock of Egypt’s transport infrastructure investments
Railways have been a major focal point for the government in its overhaul of the transport system
Real estate developers are pushing forward with projects despite cost constraints
Buyers are increasingly moving to buy real estate assets to hedge against currency fluctuations
With an eye to attract more tourism, Egypt is making it easier for yacht owners to visit
Yacht tourism can be a solid source of FX income for the country
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