}

Emaar Misr signs EGP 14B contracts with Rowad, Innovo for Marassi Red Sea

Real estate developer Emaar Misr has signed two construction contracts totaling EGP 14 billion with Rowad Modern Engineering and Innovo Group for the Infinity Beach and Island Living projects at Marassi Red Sea, as per an emailed press release.

Egypt’s passenger traffic growth to exceed global average through 2050: IATA

Passenger traffic growth in Egypt is expected to exceed the global average, ranging between 3.4% and 3.8% over the 2024–2050 period, the Information and Decision Support Center (IDSC) said, citing the International Air Transport Association (IATA).

What is your expectation for Egypt’s interest rates in the next MPC meeting?