CI Capital, TMG launch EGP 8bn real estate investment fund targeting Madinaty
CI Capital Holding, through its subsidiary CI Capital PE for Fund Management and Investment (CIPE), has partnered with Talaat Moustafa Group (TMG) to launch a new real estate investment fund…
Egypt’s Chambers of Commerce hold emergency meeting to assess impact of regional crisis
The Federation of Egyptian Chambers of Commerce (FEDCOC) held an emergency meeting of its High Committee for Crisis Operations to assess the potential economic repercussions of escalating geopolitical tensions linked…
Egypt’s petroleum minister reviews nationwide airborne minerals survey
Egypt’s Petroleum and Mineral Resources Minister Karim Badawi held a meeting with the board of the Mineral Resources and Mining Industries Authority, chaired by Yasser Ramadan, to review ongoing work…
Egypt’s investment minister meets sugar producers to review market conditions, boost investment
Mohamed Farid Saleh, Minister of Investment and Foreign Trade, held a meeting with officials from sugar production companies in Egypt to review current market conditions. The discussions also focused on…
Egypt’s planning, housing ministers review investment plan through 2030
Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, and Minister of Housing, Utilities and Urban Communities, Randa El-Menshawy, held an expanded meeting to review the outlines of the investment…
IEA to release record 400 million barrels of oil to counter Middle East war impact
The International Energy Agency (IEA) has agreed to release 400 million barrels of emergency oil reserves in its largest collective drawdown on record, as governments move to contain a surge…
Regional tensions escalate as Iran threatens to restrict shipping through Hormuz
Military and political tensions across the Middle East intensified on Wednesday as Iran issued new warnings over shipping in the Strait of Hormuz while missile and drone attacks spread across…
Egypt aims to boost oil, gas output with horizontal drilling, fracking
Egypt is seeking to increase oil and natural gas production by expanding the use of horizontal drilling and hydraulic fracturing technologies, the presidency said after a meeting chaired by President…
Cairo, Moscow coordinate at UN Security Council over Middle East escalation
Egypt and Russia discussed a United Nations Security Council draft resolution on Wednesday as part of urgent diplomatic efforts to contain the "rapidly accelerating" conflict in the Middle East. In…
MNT-Halan targets EGP 30bn in securitization, bond issuances in 2026
Founder and CEO of MNT-Halan, Mounir Nakhla, said the company is operating under exceptional geopolitical conditions, noting that these developments coincide with its ongoing expansion and investments across four key…