Egypt: Real estate prices go up

The rising cost of building materials is leading to increasing prices for real estate in the Egyptian market but without jeopardising purchasing power, experts tell Al-Ahram Weekly

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Egypt: Real estate prices go up
Egypt’s gross public debt inches up to EGP 4.7 tln in FY2020/21, 81% of GDP: CBE
Economy

Egypt’s gross public debt inches up to EGP 4.7 tln in FY2020/21, 81% of GDP: CBE

Egypt’s gross local public debt increased to EGP 4.7 trillion (81 percent of the country’s GDP) by the end of FY2020/21, up from the EGP 4.3 trillion reached by the end of FY2019/20, with the government owing 87.8 percent of this total, according to the latest data published by the Central Bank of Egypt (CBE).

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Rookie defender sends Egypt to AFCON last 16 with win over Sudan

Rookie defender Mohamed Abdel-Moneim proved an unlikely hero, with his first-half header giving an otherwise lethargic Egypt side a 1-0 win over Sudan and a place in the African Cup of Nations round of 16 on Wednesday.

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Live score: Cote d’Ivoire v Algeria (Africa Cup of Nations)

Ahram Online is providing a live score coverage for Thursday's match between Cote d’Ivoire and Algeria in the 3rd round of the Africa Cup of Nations group stage

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Egypt’s national civilization museum hosts World Art Forum for 1st time

The National Museum of Egyptian Civilization will host on Saturday for the first time the World Art Forum (WAF), the largest international contemporary art event that adopts the Sustainable Development Goals (SDGs) at the core of their mission.

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Greco-Roman rock-cut tomb discovered west of Aswan

The joint Egyptian-Italian mission working in the vicinity of the Mausoleum of Aga Khan, west of Aswan, uncovered a Greco-Roman rock-cut tomb during work carried out during the last archaeological season.

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In Photos: Huge blocks for Sphinx-shaped King Amenhotep III colossi remain from ritual scenes uncovered in Luxor

A German-Egyptian mission directed by Hourig Sourouzian uncovered a collection of huge limestone pieces belonging to a pair of royal sphinxes as well as the remains of walls and columns decorated with festive and ritual scenes in Luxor.

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In Photos: Middle Kingdom mining mission premises unearthed in South Sinai

An Egyptian archaeological mission unearthed remains from an ancient mining mission in South Sinai that dates to Ancient Egypt’s Middle Kingdom, the Supreme Council of Antiquities (SCA) announced on Monday.

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Tahteeb: Ancient practice that is still popular in Upper Egypt

On the first day of the national Festival of Tahteeb (Stick Dance), which was held from 23 to 27 December, the masters of Tahteeb sat confidently leaning on their sticks awaiting the game to begin.

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Own the City: It is Christmas in Heliopolis!

A monthly series on the intangible heritage of Egyptian Districts. We start off with Heliopolis

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Hassan Fathy’s New Gourna finally reopens its doors in Luxor

Last Thursday was a truly exceptional day in the village of Gourna, Luxor. The Egyptian minister of culture, the National Organization for Urban Harmony (NOUH), and UNESCO celebrated the first phase restoration and architectural revival of New Gourna, which started in 2018.

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World Art Forum held at National Museum of Egyptian Civilisation

The World Art Forum (WAF) was held at the National Museum of Egyptian Civilisation (NMEC) in Cairo with the aim of integrating contemporary art with sustainable development.

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Out of this world: 555.55-carat black diamond lands in Dubai

Auction house Sotheby’s Dubai has unveiled a diamond that’s literally from out of this world.

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Jeff Goldblum, Kyle MacLachlan bookend Prada menswear show

eff Goldblum infused Milan Fashion Week with some levity as he shimmied down the Prada runway in a dark overcoat that cast a dramatic silhouette

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Egypt's embassy in Serbia celebrates Cairo's contribution to Islamic Culture in Belgrade

The event – Cairo's Contribution to the Enrichment of Islamic Culture: Architecture, Calligraphy, and Antiquities – included an exhibition of photographs illustrating the architecture of mosques, Arabic calligraphy and Islamic art, and documentaries about the Museum of Islamic Art.

A trilogy by award-winning children's author Kwame Alexander that tells the saga of an African family begins this fall with 'The Door of No Return.''

The winners of the 17th edition of Sawiris Cultural Awards were announced on Saturday in a ceremony at Egypt’s freshly inaugurated National Museum of Egyptian civilization, a remarkable change of venue for the awards, which were usually held at the 1,300-seat main hall of the Opera House.

Alice Gaber's most recent collection of short stories entices the reader's curiosity with a simple, easy to read style and characters that face misfortune, but is hampered by its forgettability.

​Poet and activist Maya Angelou has become the first Black woman to appear on the US quarter, in a new version of the coin unveiled by the US Mint on Monday.