Banque Misr funds Andalusia Hospital Maadi expansion with EGP 300m, $6.5m over 8 years

Banque Misr has signed an eight-year financing agreement worth EGP 300m and $6.5m with Andalusia Hospital Maadi to finance construction and medical expansions, as part of the bank’s role in…

Daily News Egypt

M squared CEO Karim Malash named to Forbes Middle East real estate leaders list

Forbes Middle East has named Karim Malash, Chairperson and Chief Executive Officer of M squared, to its Most Impactful Real Estate Leaders 2026 list. Forbes selects its award recipients based…

Daily News Egypt

Egypt accelerates redevelopment of Cairo’s Ataba Market to upgrade commercial environment

Manal Awad, Egypt’s Minister of Local Development and Environment, inspected ongoing works under the second phase of the redevelopment of Ataba Market, part of a broader government plan to modernise…

Daily News Egypt

FRA introduces new regulatory framework to boost takaful insurance market

The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued Decision No. 70 of 2026 regulating the rules, standards, and controls governing companies licensed to practise takaful insurance activities…

Daily News Egypt

CAPTEX expands sports manufacturing capacity amid Egypt’s push to deepen local industry

CAPTEX, the Egyptian manufacturer of sports equipment and supplies, is moving to expand its production capabilities as part of broader state efforts to deepen local manufacturing, increase domestic content, and…

Daily News Egypt

Real estate sector pushes for export strategy, green incentives, and regulatory reforms

Egypt’s real estate sector is increasingly emerging as one of the country’s most influential economic drivers, with developers, regulators, and investment leaders calling for a new wave of structural reforms…

Daily News Egypt

Ajna, Manara partner on phase four of Carnelia in Galala

Ajna Developments has signed a partnership agreement with Manara Developments to develop Phase Four of the Carnelia project in Galala City, Ain Sokhna. Under the agreement, Manara will oversee the…

Daily News Egypt

RED launches Keller Williams Egypt with nationwide expansion plans

RED has secured the exclusive master franchise rights to represent Keller Williams in Egypt, reflecting growing interest in adopting more structured brokerage and marketing models. Founded in Texas in 1983,…

Daily News Egypt

Khaled Sabry Developments launches Waterside Villas in Rosail City with immediate delivery

Khaled Sabry Developments announced the launch of a new villa phase, Waterside Villas, within its Rosail City project, as part of its strategy to offer ready-to-move residential units targeting buyers…

Daily News Egypt

Triumph Hotels, M|A Group launch Triumph Pyramids Hotel near Grand Egyptian Museum

Triumph Hotels Management and M|A Group announced the launch of the Triumph Pyramids Hotel during an event held near the Pyramids of Giza and the Grand Egyptian Museum. The project…

Daily News Egypt