Egypt targets EGP 144.8bn investment in agriculture, irrigation
Egypt is targeting total investments of EGP 144.8bn ($3bn) for the agriculture and irrigation sectors in its plan for the fiscal year (FY) 2025/26, the Ministry of Planning, Economic Development…
RED IN, ACE – Moharram Bakhoum partner to launch JOYA Residence in New Obour
RED IN Developments has announced the signing of a contract with ACE – Moharram Bakhoum, one of Egypt and the Middle East’s leading consultancy firms, as part of its preparations…
Top 10 Egyptian developers record EGP 651bn in H1 2025 sales, marking 47% growth
Egypt’s real estate market witnessed a significant surge in the first half (H1) of 2025, with the country’s top 10 developers achieving combined sales of around EGP 651bn, compared to…
Egypt’s real estate sector anticipates investment surge following CBE’s rate cut
The Central Bank of Egypt (CBE) announced on Thursday, August 28, 2025, a 200-basis-point reduction in key interest rates during its Monetary Policy Committee meeting. The overnight deposit rate was…
British Embassy in Cairo closes after Egypt removes security barriers
The British Embassy in Cairo announced on Sunday it was closing its main building after Egyptian authorities removed security barriers from outside the premises, in a move seen as a…
Egypt’s PM meets with Chinese firms to discuss energy, water desalination projects
Egyptian Prime Minister Mostafa Madbouly held a series of meetings with the heads of major Chinese companies on Sunday to discuss expanding investment in Egypt, particularly in renewable energy, water…
Madinaty crowned Egyptian Super Cup golf champions for 1st time
Madinaty Golf Club has won the 2025 Egyptian Golf Super Cup for the first time after defeating Palm Hills in the final match held at the Gezira Sporting Club. The…
Indian PM Modi meets Chinese President Xi on sidelines of SCO Summit
Chinese President Xi Jinping met with Indian Prime Minister Narendra Modi on Sunday on the sidelines of a Shanghai Cooperation Organisation (SCO) summit, in the Indian leader's first visit to…
SCO summit opens in China with leaders from over 20 countries attending
The 25th Shanghai Cooperation Organisation (SCO) summit opened in Tianjin, China, on Sunday, with leaders including China's Xi Jinping and Russia's Vladimir Putin set to discuss security and economic cooperation…
Putin: Russia-China progress is for the benefit of all humanity
Russian President Vladimir Putin has praised the strengthening cooperation between Russia and China within the BRICS group, stating that the two countries are actively working to enhance the bloc's influence…