Israeli military says 30 rockets fired from Lebanon
Some 30 rockets were launched from Lebanon toward northern Israel on Monday evening, triggering Israeli artillery fire in response, Israel's military said in a statement. "Approximately 30 launches were…
Transfer of wounded Palestinians out of Gaza to Egypt resumes: Sources
The transfer of wounded Palestinians from Gaza to Egypt for medical treatment is scheduled to resume after a three-day halt, according to security sources in Gaza. The sources told…
Dubai Developments launches Lumia Residence project in New Capital
Dubai Developments, a real estate company in Egypt, has announced the launch of its latest residential project, Lumia Residence, in the New Administrative Capital. The project covers an area of…
JD Holding to invest EGP10bn in real estate market in 2024
JD Holding, a leading company in the real estate sector, announced its plan to launch an expansion investment plan in 2024 with a total value of EGP10bn. The plan aims…
IWG expands its presence in Egypt with 15 new centres
IWG, the world’s leading flexible office space provider, with brands including Spaces and Regus, has announced 15 new locations in Cairo and its suburbs, as part of its ambitious expansion…
NUCA allocates 83 plots of land in 20 new cities for urban, mixed projects
The New Urban Communities Authority (NUCA), affiliated to the Ministry of Housing, Utilities, and Urban Communities, has approved the allocation of 83 plots of land in 20 new cities for…
CFEC, Tankoil sign agreement to support chemical, fertilizer exports
The Chemical and Fertilizers Export Council (CFEC) and Tankoil Group have entered into a cooperation agreement to assist CFEC member companies in exporting their chemical products and fertilizers to various…
Schneider Electric increases investments in Egypt with an additional €8m in 2023
Schneider Electric has announced plans to increase its investments in the local market by an additional €8m throughout 2023. In a Sunday statement, Schneider Electric said the move is part…
CBE shares its cybersecurity expertise with Nigeria
The Central Bank of Egypt (CBE) hosted a specialized technical team from the Central Bank of Nigeria (CBN) as part of its commitment to enhancing collaboration with African nations in…
EFG Hermes concludes advisory EGP 6bn syndicated loan for ODE subsidiary to finance development of O West Project
EFG Hermes, the leading investment bank franchise in Frontier and Emerging markets (FEM), announced Sunday that its investment banking division has successfully completed advisory for Orascom Development Egypt’s (ODE) subsidiary…
