Tech startup investments surge sevenfold in Egypt over five years: Minister
Amr Talaat, Egypt’s Minister of Communications and Information Technology, recently announced a remarkable surge in investments in the country’s technology startups, with the total volume of funding increasing sevenfold from…
Egypt’s Al-Sisi commemorates October War, discusses national security with top brass
Egyptian President Abdel Fattah Al-Sisi on Sunday marked the 52nd anniversary of the 1973 October War by chairing a meeting of the Supreme Council of the Armed Forces to discuss…
WestWay Developments launches IKon Mall in West Cairo
WestWay Developments has announced the launch of its latest commercial project, IKon Mall, located in 6th of October City, west Cairo. The development is part of the company’s broader expansion…
EDIC Developments launches DR5 medical center, Celestia gold mall through Egyptian-Saudi partnership
EDIC Developments has announced the launch of two major projects in Cairo — DR5, a medical complex in New Cairo, and Celestia, a dedicated gold and jewelry mall in Sheikh…
Egypt’s property exports reach $1.5bn in 2025, marking 200% growth over 2024
Tarek Shoukry, Chairperson of the Real Estate Development Chamber at the Federation of Egyptian Industries and Deputy Head of the Housing Committee in Parliament, confirmed that Egypt’s real estate exports…
Housing Ministry approves installment plan for North Coast, Desert Road fees
The Minister of Housing, Utilities, and Urban Communities has approved a proposal from the Real Estate Development Chamber at the Federation of Egyptian Industries to ease payment terms for North…
Market eyes impact of CBE’s 1% rate cut on yields of savings products, loans, and government debt
The market is preparing for the reopening of banks on Sunday, following their weekly holiday, to gauge the implications of the Central Bank of Egypt’s (CBE) decision last Thursday to…
Egypt’s Investment Minister pledges to cut red tape, boost trade
Hassan El Khatib, Egypt's Minister of Investment and Foreign Trade, has vowed to eliminate bureaucracy and streamline procedures to support investors and facilitate trade. His remarks came during an inspection…
PM Madbouly opens 7th Turathna Exhibition
Prime Minister Mostafa Madbouly inaugurated on Saturday the seventh edition of the “Turathna 2025” exhibition at the Egypt International Exhibitions Center in New Cairo, held under the patronage of President…
Al-Sisi orders expedited completion of energy projects to boost food security
Egypt’s President Abdel Fattah Al-Sisi on Saturday instructed the government to accelerate efforts to provide electricity to major agricultural and reclamation projects, particularly the New Delta development, while continuing to…