UK House Prices and Buy-To-Let August 2024 Report

UK Average Property Prices According to the April data from the UK House Price Index, the average property value in the UK is £281,000, reflecting a decline from the previous value of £284,691 reported in December 2023. However, Nationwide indicates […]

This is why prime central London properties are more stable…

This is why prime central London properties are more stable…

📊 Key insights on PCL properties in 2023: The total value of £5 million-plus property transactions in 2023 is £5.7 billion (Savills). 71% of residential properties were acquired through cash transactions, indicating a reduced dependence on mortgage financing within the […]

Although property prices went down … rental prices went up

Although property prices went down … rental prices went up

🏚️ Key Insights on the UK property market 2023/2024: In December 2023, the average property price in the UK was £284,691, with an annual price change of -1.4% from December 2022 (according to UK House Price Index). However, Nationwide Building […]

Egypt signed a financing agreement worth $20 billion

Egypt signed a financing agreement worth $20 billion

Egypt has just completed a $20 billion financing deal, of which $8 billion will come from the International Monetary Fund (IMF) and $12 billion from the European Union and The World Bank. Prime Minister Madbouly emphasized the aim to increase […]

Egypt Introduces a Flexible Exchange Rate System

Egypt Introduces a Flexible Exchange Rate System

Egypt Just Introduced a Flexible Exchange Rate System! 📢 On the 6th of March 2024, the Central Bank of Egypt raised interest rates and adopted a market-driven exchange rate system. Key Points:

ADQ Project in Egypt

ADQ Project in Egypt

On 23 February 2024, ADQ (Abu Dhabi-based investment and holding company) announced a plan for investing $35 billion in Egypt, which is the biggest in Egypt’s history. Of this amount, $24 billion will be used to acquire development rights Ras […]