Strait of Hormuz to remain closed until US abides by deal, Iranian parliament speaker says
The Strait of Hormuz will remain closed until the United States adheres to the terms of an interim agreement, Iranian chief negotiator and Parliament Speaker Mohammad Bagher Ghalibaf said on…
SouthMed project sales reach EGP 520bn as North Coast drives Egyptian real estate market
Talaat Moustafa Group's (TMG) SouthMed project recorded EGP 118bn in sales since the beginning of 2026, raising its cumulative sales to EGP 520bn since its launch, as the North Coast…
Egypt plans drainage upgrades across 1.4m feddans under new national programme
Egypt is preparing to launch a fourth national drainage programme targeting the construction, rehabilitation and replacement of subsurface drainage networks across 1.4 million feddans, Water Resources and Irrigation Minister Hani…
Top 10 Egyptian developers’ sales rise to EGP 670bn in H1 2026
Egypt’s top 10 real estate developers recorded combined sales of approximately EGP 670bn in the first half (H1) of 2026, up from around EGP 651bn in H1 2025, representing a…
Qena, Kafr El-Sheikh develop local climate action plans through 2035
Egypt’s Ministry of Local Development and Environment is developing local climate action plans for Qena and Kafr El-Sheikh governorates through 2035, including adaptation and emissions-reduction projects that could be linked…
Government discusses settling National Media Authority debts to NIB
Planning and Economic Development Minister Ahmed Rostom met National Media Authority (NMA) Chairperson Ahmed El-Mesallamy to discuss joint efforts to resolve financial entanglements and settle longstanding debts owed by the…
Egypt rejects threats to Somali sovereignty, calls for sustained funding of AU mission
Egypt firmly rejects any unilateral measures that would compromise the territorial integrity or diminish the sovereignty of Somalia, Egyptian Foreign Minister Badr Abdelatty told his Somali counterpart during a phone…
Madbouly witnesses handover of SCZONE leadership
Prime Minister Mostafa Madbouly witnessed the handover of the leadership of the Suez Canal Economic Zone (SCZONE) between newly appointed chairperson Mostafa Sheikhoun and outgoing chairperson Waleid Gamal El-Din. Madbouly…
10 industrial complexes boost Upper Egypt’s appeal to investors: Cabinet
The Cabinet Media Centre has highlighted key industrial investment opportunities and advantages across Upper Egypt, including infrastructure and logistics, investment incentives and efforts to develop skilled workers, which it said…
Egypt offers first industrial land under lease-to-own system
Egypt has launched its first offering of industrial land under a new lease-to-own system, comprising 540 plots with a combined area exceeding 5.7 million sqm across 20 industrial zones in…