Madbouly orders tighter market inspections to ensure goods availability, fair pricing
Mostafa Madbouly, Prime Minister of Egypt, chaired a meeting of the Governors’ Council in the New Administrative Capital, stressing the need for intensified field monitoring of markets and commercial outlets…
MRB to manage Bright Point Mall in Maadi under new partnership with Bright City Developments
MRB, a facility management consultancy, has signed an agreement with Bright City Developments to manage and operate the Bright Point Mall project. MRB will also develop and implement the leasing…
Emtelaak secures FRA approval to launch real estate fund management, underwriting company
Emtelaak Investment announced that it has obtained approval from the Financial Regulatory Authority (FRA) to establish Emtelaak for Underwriting and Management of Real Estate Investment Funds, chaired by Waleed Shaarawy.…
Salam Properties plans to deliver nine projects in New Damietta City
Salam Properties has announced its expansion strategy for 2026, focusing on accelerating project execution, diversifying its portfolio, and completing ongoing developments. Walid ElDeeb, Chairperson of Salam Properties, said the company…
CB Link records EGP 15bn in sales, targets EGP 30bn in 2026
Coldwell Banker Egypt organised the first annual ceremony of its CB Link programme, bringing together partners from leading real estate brokerage and marketing companies to celebrate a year of collaboration…
Oil markets brace for $100 crude as Strait of Hormuz closure persists
Global energy executives and traders warned that oil prices are set to reach $100 per barrel within days as the near-total halt of shipping through the Strait of Hormuz transforms…
Arab League denounces Iranian attacks as “massive strategic error”
The Arab League has condemned Iranian attacks against Gulf states as a "massive strategic error," with Secretary-General Ahmed Aboul Gheit stating on Sunday that Arab nations are speaking with one…
Real Estate Development Chamber adds 764 new member companies in 2025
The General Assembly of the Real Estate Development Chamber at the Federation of Egyptian Industries held its meeting on Wednesday to review the chamber’s performance and key developments in Egypt’s…
E-invoice, e-receipt compliance required to benefit from simplified tax system: ETA head
Egyptian Tax Authority (ETA) Chairperson Rasha Abdel Aal said that benefiting from the simplified tax system for businesses with annual turnover of less than EGP 20m under Law No. 6…
Hong Kong delegation explores investment opportunities in Egypt’s garment, textile sector
A delegation of 14 garment and textile industry leaders from Hong Kong recently concluded a business mission to Cairo, aimed at exploring investment and partnership opportunities in Egypt’s fast-growing manufacturing…