August 2023 – Al Khaber for Accounting And Auditing Services

The Central Bank of Egypt: From the 1960s Until Today

August 31, 2023

Central Bank of Egypt (CBE)Photo credit: Startup Scene This is the third article in the series ‘Egyconomy’ by Egyptian Streets, where Marina Makary explores current trends and debunks popular misconceptions surrounding the Egyptian economy. Only few people know that the Central Bank of Egypt (CBE) was not always the regulatory…

Cred Delivers CLM Units at the New Administrative Capital

August 30, 2023

Cairo, 27 August 2023 – Cred is starting to deliver the first batch of units from its New Administrative Capital (NAC) project, CLM. Located on 43 acres of land, the first phase is currently habitable encompassing 100 residential units at the end of current August. Cred aims to deliver the…

Quintessentially Egypt in Partnership With Somabay Launch a New Mobile Lifestyle Solution

August 28, 2023

Quintessentially Egypt, part of the global luxury lifestyle group has announced today the launch of the second phase of their partnership with Somabay, where it will be offering bespoke lifestyle management and global concierge services to ALL homeowners The services will be available through a newly launched mobile application exclusive…

When Business Meets Friendship: New Avenue’s Healthy Business Model in Egypt

August 27, 2023

The New Avenue team. Photo credit: New Avenue There is no doubt that real estate is an important sector in the Egyptian economy. According to the American Chamber of Commerce (AMCHAM), 20 percent of Egypt’s GDP stemmed from real estate in 2021—and this was before the recent devaluations of the…

When Business Meets Friendship: New Avenue’s Healthy Business Model in Egypt

August 27, 2023

New Avenue: When Business Meets Friendship Creating a Lasting Bond

August 22, 2023

In the competitive world of real estate, New Avenue stands out as a company that has redefined the meaning of professional relationships. It was launched in 2015 as a modest consultancy firm with 25 team members and grew into a thriving business empire, bringing in a team of over 300…

Hayat Egypt Celebrates its 10th Anniversary in the Local Market, Unveils Ambitious Investment Plans

August 17, 2023

Hayat Egypt, the local subsidiary of Hayat, the leading global FMCG company headquartered in Türkiye and one of the largest diaper manufacturers and the largest tissue producer, is celebrating its 10th anniversary and announcing the launch of its latest innovative products. The announcement came during a press conference attended by…

Egypt’s Headline Inflation Records All-Time High of 38.2% in July

August 10, 2023

Photo credit: Arab News Egypt’s annual headline inflation rate rose to an all-time high of 38.2 percent in July, according to data published by the Central Agency for Public Mobilization and Statistics (CAPMAS), on Thursday, 10 August. The increase in the annual headline inflation rate is mainly due to a…

Egypt Considers a Potential USD 1 Billion Green Hydrogen Plant Deal

August 1, 2023

Photo credit: Shutterstock. Switzerland’s Smartenergy eyes Egypt for a green hydrogen investment opportunity worth USD 1 billion. The expansion would be the firm’s first outside Europe. The company is at the later stages of negotiations with the Egyptian government to build a green hydrogen plant, a source confirmed to Asharq…

Month: August 2023