Saudi Arabia’s Sela and Egypt’s Talaat Moustafa Group form entertainment consortium

Saudi Arabia’s Sela, a Public Investment Fund company, and Egypt's Talaat Moustafa Group (TMG) have launched a strategic consortium to create and manage an integrated entertainment ecosystem and live events…

Daily News Egypt

In the Presence of Turki Alalshikh… Sela and Talaat Moustafa Group Launch Strategic Consortium to Develop an Integrated Entertainment Ecosystem in Egypt

In the presence of His Excellency Turki Alalshikh, Chairman of the General Entertainment Authority (GEA), Sela, a Public Investment Fund company and one of Saudi Arabia’s leading entertainment and destination…

Daily News Egypt

Toyota Egypt Group enters electric vehicle market with launch of bZ4X and Lexus RZ

Toyota Egypt Group has officially entered the electric vehicle (EV) market in Egypt for the first time with the launch of two new models: the Toyota bZ4X and the Lexus…

Daily News Egypt

One of One records EGP 1.5bn sales, opens new HQ to drive expansion

One of One Developments has announced the opening of its new headquarters, marking a strategic step to support operational growth and upcoming projects in New Cairo, Sheikh Zayed, and coastal…

Daily News Egypt

LIXIL Core Earnings Up 23% in FYE2026, Profitability Improved in Both Japan and International Businesses

LIXIL Corporation reported a 22.9% increase in core earnings to ¥38.5 billion for the fiscal year ending 31 March 2026, driven by improved profitability across both its domestic Japanese and…

Daily News Egypt

Egypt health minister calls for stronger local drug manufacturing

Egyptian Health Minister Khaled Abdel Ghaffar said local pharmaceutical manufacturing is essential for building resilient healthcare supply chains and reducing vulnerability to global crises.   Speaking at a healthcare supply…

Daily News Egypt

Egypt launches unified digital environmental registry for industry

Egypt has launched a unified digital environmental data registry for industrial facilities to support green transformation and help factories comply with international environmental requirements.   In a statement, the Ministry…

Daily News Egypt

Strong expectations for CBE to keep interest rates unchanged at Thursday meeting

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to hold its third regular meeting of the year on Thursday to determine the direction of…

Daily News Egypt

Egypt issues $1bn international bonds in first MENA offering since Iran conflict escalation

Egypt has reaffirmed its access to international capital markets despite heightened geopolitical uncertainty, issuing $1bn in social and development bonds in what the government described as the first sovereign issuance…

Daily News Egypt

Egyptian foreign minister seeks UK investment, urges Middle East diplomacy during London visit

Egyptian Foreign Minister Badr Abdelatty used a visit to London on Wednesday to pitch the Egyptian market to British investors and advocate for diplomatic solutions to the Middle East crisis,…

Daily News Egypt