Egypt

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A new JLL report shows residential prices on Egypt’s North Coast have surged nearly 390 percent between 2023 and the third quarter of 2025.

Reported by AI

The Egyptian government has confirmed plans to list four Armed Forces-affiliated companies on the Egyptian Exchange during a Wednesday meeting chaired by Prime Minister Mostafa Madbouly.

Commercial International Bank posted consolidated net profit of EGP 17.8 billion for the first quarter of 2026, up 7 percent from a year earlier. Revenue reached EGP 31.2 billion, a 15 percent increase, even as regional tensions and currency moves created challenges.

Reported by AI

Rayz Developments has entered Egypt’s real estate market by launching its first project, BRX, a mixed-use development in New Cairo. The launch coincided with a partnership agreement with e& Egypt for digital infrastructure.

 

 

 

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