MG Developments launches VALO Hospitality, plans EGP 2bn investment over 5 years
MG Developments has launched VALO Hospitality, a dedicated hospitality management arm, as part of a broader expansion strategy aimed at integrating real estate development with professional hotel operations and enhancing…
BUILDEX Developments explores expansion opportunities in West Cairo
BUILDEX Developments outlined its strategy for 2026, which centers on advancing construction at its main project and assessing potential expansion opportunities in West Cairo. The company said that it achieved…
NAIA Developments completes 90% of first phase at NAIA West in New Sheikh Zayed
NAIA Developments has announced that 90% of construction works have been completed on the first phase of its NAIA West project in New Sheikh Zayed City, with 100 residential units…
OPEC+ agrees to increase oil output following US-Israeli strikes on Iran
OPEC+ has agreed in principle to a modest oil output increase of 206,000 barrels per day (bpd) following shipment disruptions caused by US-Israeli strikes on Iran and subsequent retaliatory actions,…
Investment Minister pledges full support for start-ups, streamlined incorporation, financing procedures
Mohamed Farid, Egypt’s Minister of Investment and Foreign Trade, held an expanded meeting with representatives of the country’s entrepreneurship ecosystem and start-up community to discuss practical, immediately applicable measures aimed…
Gold surges EGP 700 in February as geopolitical tensions fuel safe-haven demand: iSagha
Gold prices recorded strong gains in both local and global markets during February, supported by a weaker US dollar and heightened demand for safe-haven assets amid escalating geopolitical tensions in…
Al-Sisi denounces attack on Oman’s Duqm port, reaffirms support for Arab sovereignty
Egypt’s President Abdel Fattah Al-Sisi held separate phone calls on Sunday with Haitham bin Tariq of Oman and Iraqi Prime Minister Mohammed Shia Al-Sudani, as regional tensions escalated following a…
US-Israel Strike Iran: Egypt’s Sisi warns of ‘regional chaos’ in emergency calls with five Arab leaders
Egyptian President Abdel Fattah al-Sisi warned on Saturday that Iran missile attacks on several Arab nations threaten to trigger "regional chaos" and represent a "direct threat" to the stability and…
Sisi warns of ‘escalation and chaos’ in call with Bahrain King Hamad
Egypt President Abdel Fattah al-Sisi warned on Saturday that Iranian attacks on Bahrain represent a "serious threat to regional security" and open the door to further escalation and chaos. The…
Sisi tells Saudi Crown Prince kingdom’s security is ‘integral’ to Arab national security
President Abdel Fattah al-Sisi told Saudi Crown Prince Mohammed bin Salman on Saturday that the security of Saudi Arabia is an "integral part of Arab national security." In a telephone…