Business news from Ukraine

Business news from Ukraine

Research on Egyptian residential real estate market for foreigners in 2025

Experts Club, in collaboration with Relocation.com.ua, analyzed the current price situation in the Egyptian housing market for foreigners. Foreign citizens have the right to purchase up to two residential properties (with an area of no more than 4,000 m² each) provided that they are registered and paid for in foreign currency received from abroad. Transactions are possible in Cairo, on the Mediterranean and Red Sea coasts, excluding border areas and cultural heritage sites. From 2024, investors will have easier access to purchasing land for projects, and for investments over $300,000, a residence permit program will be available.

There are no official statistics for the top 10 countries, but industry reports and real estate agencies highlight the leading buyers:

1) Gulf countries (Saudi Arabia, UAE, Kuwait, Qatar) — the largest buyers in Cairo, on the north coast, and in new areas.

2) Russia, Germany, Great Britain, Italy, Poland, and the Czech Republic — traditionally strong in Red Sea resorts (Hurghada, Sharm el-Sheikh).

3) Ukraine is a notable buyer segment on the Red Sea, especially in Hurghada. Ukrainians began actively purchasing apartments back in the 2010s, and after 2022, demand increased: some families consider Egypt as an alternative for long-term residence and education for their children, as well as a “second base” close to Ukraine. Local developers note that the share of Ukrainian clients has remained stable in the top five European buyers on the Red Sea.

Thus, according to aggregate estimates, the top buyers of housing in Egypt today are groups of Persian Gulf countries + Russians, Germans, British, Ukrainians, and Italians.

Prices vary significantly across regions this year, with Experts Club highlighting the following features:

  • New Cairo / El Sheikh Zayed / New Zayed / 6th of October: from 47,500 to 260,000 EGP/m² depending on the project; average values of 90,000–115,000 EGP/m².
  • Hurghada (Red Sea): mass segment apartments — 10,000–18,000 EGP/m².

In 2025, prices rose by an average of 20–30% year-on-year in nominal terms due to the devaluation of the pound and the increase in the cost of building materials, but the real dynamics depend on the currency of settlement. Overall, prices in euros or dollars have risen by about 9% over the past 12 months.

Features for Ukrainian buyers

  1. Demand for affordable seaside housing: 40-70 m² apartments in Hurghada are often purchased as an alternative to long-term rentals.
  2. Safety and climate factors: Egypt remains popular with families with children and elderly parents due to its mild winters and affordable medical services.
  3. Rental model: some Ukrainians consider apartments in Hurghada and Sharm as an investment for daily rentals to tourists.
  4. Prospect of a residence permit: wealthier investors use the $300,000 threshold to obtain residency, although the majority of Ukrainian buyers focus on the budget segment.

The Egyptian housing market for foreigners is divided into two key areas: Cairo and new cities (interest from GCC investors) and the Red Sea (Europeans, including a significant proportion of Ukrainians). For Ukraine, this market has become particularly important in recent years as an alternative location for long-term residence and as a tool for preserving capital in hard currency.

As of September 14, 2025, the exchange rate of the Egyptian pound (EGP) to the US dollar is approximately 48.15 EGP per 1 USD.

The full version of the Egyptian residential real estate market research is available to Experts Club clients.

Дослідження ринку житлової нерухомості Єгипту для іноземців у 2025 році

 

 

UK is preparing to sign “groundbreaking technology agreement” with US

The UK is preparing to sign a “groundbreaking technology agreement” with the US during President Donald Trump’s state visit next week, Bloomberg reports, citing the UK government.
“Advanced technologies such as artificial intelligence and quantum computing will change our lives. This includes new ways of treating diseases, as well as improving public services,” said UK Technology Minister Liz Kendall.
According to the publication, Trump plans to arrive in the UK on Tuesday for his second state visit, which will last three days. He will be accompanied by a delegation of American business leaders, including executives from Nvidia Corp. and OpenAI.
“During the visit, American companies Nvidia, OpenAI, CoreWeave, and BlackRock will announce multi-billion dollar investments in British data center infrastructure,” the report said.
The US and the UK already cooperate in the fields of artificial intelligence, semiconductors, telecommunications, and quantum computing.

 

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Moldova considers building small nuclear power plant

Moldova’s Ministry of Energy has prepared an energy strategy for the period up to 2050, which envisages a twofold reduction in electricity imports and a multiple increase in local generation, according to the country’s Minister of Energy, Dorin Jungiatu.

“We are striving to ensure that by 2050, more than 80% of electricity is produced locally from renewable sources (currently about 30%). The strategy envisages new connections with Romania and the European Union, an exchange capacity of 2,000 MW, and the availability of gas and electricity reserves,” he said at the presentation of the strategy. He is quoted by the state agency Moldpres.

According to Jungi, the modernization of the heating systems in Chisinau and Balti will be a priority. The authorities also propose to support the most vulnerable citizens with compensation, develop infrastructure for electric vehicles, launch electrified trains, and install 100,000 “smart” meters in households across the country by 2027.

According to mold-street.com, the cost of the measures planned in the strategy exceeds €41 billion, or more than €1.5 billion per year for the period of its implementation. The bulk of the investment—€17.5 billion—will be needed to transition from hydrocarbons to renewable and alternative energy sources, as well as to expand and modernize the electricity transmission system. More than €9 billion is planned to be allocated to the reconstruction and renovation of buildings and other energy efficiency measures. Another €8.5 billion is earmarked for increasing the capacity of electricity sources.

Overall, the strategy envisages reducing the share of energy imports in the energy balance from 77% to 40% in 2050 by reducing hydrocarbon consumption and completely phasing out coal by 2030.

It is planned that by 2050, Moldova’s own generation capacity will exceed 5,000 MW, doubling the current energy sources (including the Moldovan GRES in Transnistria). There are also plans to increase the capacity of wind farms 12-fold, to 2,600 MW.

At the same time, the authors of the strategy do not rule out the construction of a small modular reactor with a capacity of 300 MW in Moldova by 2050.

 

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12,714 court orders for recovery of alimony in 2025

At least 99 thousand orders for the recovery of alimony have been issued by Ukrainian courts over the past 5 years, according to the court registry search engine Babusya. A court order for the recovery of alimony is a simplified court decision (without long hearings) that allows you to officially collect alimony without spending years in court. Most of these orders were issued in 2021 – 27,251 orders. Thus, 12,714 orders were issued in 8 months of 2024. More than 13% of them were issued in Dnipropetrovska oblast this year.

The number of court orders for the recovery of alimony in Ukraine is gradually decreasing. 99,909 such decisions were issued by courts from 2021 to August 2025. The largest number of such decisions was recorded in 2021 – 27,251 orders. However, in 2024, their number decreased by a quarter to 20,504.

12,714 orders were issued by Ukrainian courts in the first 8 months of 2025. This is 6% less than in the same period last year and 28% less than in 2021.

“The main advantage of writ proceedings is their efficiency: you quickly receive a court decision, which is also an enforcement document – the law provides for 5 days for this, and you can submit it for execution. In contrast, a court hearing in a lawsuit may take from several weeks to several months. At the same time, the main disadvantage of this method of collecting alimony is that the amount of alimony in writ proceedings is strictly limited by law,” says Judge Petro Tyshkun.

This year, the most frequent cases of alimony enforcement are in Dnipropetrovska oblast: 1,654 decisions were issued there, which is 13% of the total number in the country. This is followed by Odesa region with 948 orders (8%), Kharkiv region with 837 (7%), Kyiv region with 810 (6%), and Lviv region with 772 (6%). Together, these five regions account for almost 40% of all court orders in Ukraine this year.

It is worth noting that we are talking about the number of orders issued, not about the execution and actual payment of money – that is, only those cases where the court has already issued a document that can be submitted to the executive service.

“An application for a court order is easier to prepare than a full-fledged lawsuit, and it saves the claimant’s time and resources. However, it is important to understand that the order cannot recover additional expenses for the child, but only half of the subsistence minimum for the child or a share of the income, and in a limited amount. If the child needs additional expenses, then in such cases you will still have to file a lawsuit,” notes Asters partner Talina Kravtsova.

It is worth reminding that more than 187 thousand child support debts are currently listed in the Unified Register of Debtors.

https://opendatabot.ua/analytics/aliments-in-court-2025

Economy of Bosnia and Herzegovina – overview from Relocation

Relocation project has analyzed economic indicators of Bosnia and Herzegovina. For convenience, the data are presented in blocks by topics and areas.

1. GDP growth and economic development rates

  • The International Monetary Fund (IMF) forecasts real GDP growth of 2.8% in 2025.
  • The World Bank expects 2.7 % growth in 2025 and a further acceleration to 3.1 % in 2026.
  • Analysts at wiiw also forecast 2.4% growth for 2025, based on a recovery in domestic consumption and demand from the EU.
  • The Western Balkan regions as a whole are projected to grow ≈3.2 %, but growth could be below average for individual countries, including Bosnia.

2. Nominal GDP and per capita income

  • According to Wikipedia, Bosnia and Herzegovina’s nominal GDP at the end of 2025 is expected to be ≈ $29.86 billion and per capita income is expected to be about $8,670.

3- Inflation and price dynamics

  • According to the IMF, average inflation is ≈ 3.8% in 2025 (rising due to higher food prices) with a subsequent decline to 2% in the medium term.
  • Trading Economics records a higher level: 4.8% in July 2025, the highest since June 2023.
  • WIIW estimates average annual inflation at 2.5 %, although it further notes that it exceeded 3 % in the first months of 2025.

4. Public debt and fiscal sustainability

  • Public debt rises from 29 % to 29.9 % of GDP between 2024 and 2025, according to the IMF.
  • According to Wikipedia, the public debt level is only 16.9 % of GDP at the end of 2024 – perhaps only external debt is taken into account.

5. Currency stability and reserves

  • The country’s currency is the convertible mark (BAM), pegged to the euro under a currency board (currency board), which ensures exchange rate stability.
  • Foreign exchange reserves amounted to about €9 billion, equivalent to ~6.9 months of imports, as estimated by the IMF.

6. Unemployment and labor market

  • The unemployment rate by the end of 2024 was 11.7%.
  • Wikipedia gives the same value: 11.7% (December 2024) and 27.3% youth.

7. Population and demography

  • According to Wikipedia, the population as of April 7, 2025 is ≈ 3.14 million.
  • IMF indicates a value of 3.445 million, without specifying the date.
  • Overall, the population shows a moderate decline (partly due to migration and natural decline), although no significant demographic data for 2025 is provided.

8. Other factors and risks

  • Strong minimum wage growth (increase of over 60%) in the Federation of Bosnia and Herzegovina (FBiH) supports purchasing power but may cause inflationary pressures.
  • Services sector and domestic consumption are the main drivers of growth (about 65% of GDP).
  • Annual current account deficit is expected at 4-4.1% of GDP, worsened by lower exports and higher imports.
  • International Monetary Fund forecast: general fiscal sustainability with moderate growth of debt and reserves.
  • There are recommendations for structural reforms (export-oriented model, investment, labor market reforms).

Bosnia and Herzegovina (BiH) is a state in Southeastern Europe, located on the Balkan Peninsula. The capital is Sarajevo. The population is estimated at about 3.2 million (2025).

The country has a complex state structure: it consists of two autonomous entities, the Federation of Bosnia and Herzegovina and the Republika Srpska, as well as the Brcko District. The country is a candidate for accession to the European Union (since 2016).

http://relocation.com.ua/bosnia-and-herzegovinas-economy-an-overview-from-relocation/

 

EPP initiates suspension of President Vucic’s party – amid protests in Serbia

The leader of the European Parliament’s largest party, the European People’s Party (EPP), Manfred Weber, has announced the initiation of a procedure to expel Serbian ruling SNS party of Aleksandar Vucic from the right-wing conservative party group. This is reported by Euractiv.

It is reported that Weber’s initiative is related to the ongoing anti-government protests in Serbia, provoked by the tragic collapse of the canopy at the train station in November 2024. Sixteen people died as a result.

Symbolically, the SNS party was an associate member of the EPP, which means establishing cross-party ties with limited rights and without full membership. Serbia, meanwhile, remains a candidate country for EU accession.

After announcing the procedure, Weber emphasized: “The EPP is not turning a blind eye to what is happening in Serbia.”

https://t.me/relocationrs/1394

 

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