Egypt’s tax revenues rise by EGP 600bn as private sector boosts investment in FY 2024/25
Finance Minister Ahmed Kouchouk said the private sector’s strong response to the government’s tax-relief initiative has encouraged the ministry to launch a second package. He highlighted that tax revenues increased…
Egypt launches initiative to transform petroleum waste into value-added resources
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, and Minister of Petroleum and Mineral Resources, Karim Badawi, witnessed on Sunday the signing of a cooperation protocol aimed at transforming…
IDG launches e2 New October industrial park with EGP 4.8bn investment
Industrial Development Group (IDG) has announced the launch of its newest industrial park, e2 New October, in New October City. With investments totalling EGP 4.8bn and spanning 1.6 million sqm,…
Egyptian developers offer unprecedented cash discounts amid mounting market pressures
“It is impossible for residential unit prices to drop, unlike cars,” said Osama Saad, CEO of the Real Estate Development Chamber, as developers grapple with rising costs and shifting market…
Egyptian senator proposes unified digital, regulatory framework to organise property market
Deputy Leader of the Wafd Party bloc in the Egyptian Senate, Yasser Qoura, has submitted the first “proposal by request” to the Senate’s housing committee during the second legislative term,…
M squared partners with Alpha X to launch Fitness Racing series at Grand Egyptian Museum
M squared has partnered with Alpha X to sponsor a three-year series of “Fitness Racing” endurance events at the Grand Egyptian Museum, marking a significant expansion of the company’s lifestyle…
Wadi Valley, EGY Company partner to offer Glory Club memberships to clients of The Capital project
Wadi Valley Developments has signed a partnership agreement with EGY Company for Sporting Services to provide exclusive memberships at Glory Club for residents of The Capital project in 10th of…
Egypt plans new policies to drive private sector growth in tourism, energy, health
Egypt is preparing a new package of policies and facilitations designed to increase private sector investment in targeted economic sectors, Prime Minister Mostafa Madbouly said on Sunday. Madbouly instructed relevant…
Egypt’s net international reserves rise to $50.215bn in November
The Central Bank of Egypt (CBE) announced that the country’s net international reserves increased to $50.215bn in November 2025, up from $50.071bn in October, a rise of $144.4m. The CBE…
Egypt launches National Health Compact to expand access to quality care
Egypt has joined 14 other countries in launching a National Health Compact, marking a major step toward expanding access to quality and affordable healthcare for millions of citizens. The initiative…