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Jun 16 2800

THE CAIRO REAL-ESTATE MARKET

Performance remained strong across all sectors of the Cairo real estate market in Q1 2019. The residential sector registered mixed performance, with sale prices slowing over the quarter, while rental rates increased on the back of limited supply of rental property in Greater Cairo. The office sector continued to witness...

Jun 16 9600

Egypt raises electricity prices to 38 percent in early July

The Egyptian government has decided to raise the prices of electricity consumption segments for domestic use by 3.7-3.3 percent (average of 15 percent) starting next fiscal year and starting in early July. "It is decided to raise the price of the first tranche from zero to 50 kilowatts to 30...