Livingyards unveils EGP 30bn portfolio, eyes revenues above EGP 50bn
Livingyards has announced that the total investment value of its project portfolio has exceeded EGP 30bn, with targeted revenues projected to surpass EGP 50bn in the coming years. As part…
Arady Misr commences AI-powered ‘Masri’ for Egypt’s land market analysis
Arady Misr for Planning and Project Management has announced the launch of “Masri”, an artificial intelligence agent designed to organize and analyze Egypt’s land market. According to the company, the…
K Developments launches EGP 1.5bn Palencia Plaza in Shorouk City
K Developments has launched Palencia Plaza, a mixed-use project in Shorouk City, east Cairo, with investments estimated at EGP 1.5bn. The development forms part of the company’s expansion strategy in…
Monterra Developments launches EGP 25bn Monterra Bay in Egyptian-Russian partnership
Monterra Developments has entered Egypt’s real estate market through an Egyptian-Russian partnership, launching its first project, Monterra Bay, on the North Coast with investments estimated at EGP 25bn. CEO Mohamed…
Delta Capital, Emirates Global ink $500m partnership for mixed-use projects in Egypt
Delta Capital for Urban Development has signed a strategic partnership with Emirates Global Investment (EGRI), a subsidiary of NCE Group, to develop a portfolio of mixed-use projects in Egypt with…
Mountain View begins handover of ‘MV 1.1’ in New Cairo
Mountain View has commenced handover procedures for its “MV 1.1” project in New Cairo, less than four years after launch. The milestone follows a field visit by senior management to…
World’s largest LNG-powered container ship completes maiden Suez Canal transit
The Suez Canal Authority (SCA) announced on Sunday that the world's largest and newest liquefied natural gas (LNG)-powered container ship, the CMA CGM GRAND PALAIS, successfully completed its maiden transit…
MSMEDA extends EGP 300m in microfinance to Tamkeen to support small enterprises
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a financing agreement worth EGP 300m with Tamkeen Microfinance, the microfinance arm of Al Ahly Capital, to expand funding…
Egypt targets 5.4% economic growth and EGP 3.7trn total investments in FY 2026/27
Egypt is targeting an economic growth rate of 5.4% and total investments of EGP 3.7trn for the upcoming fiscal year (FY) 2026/27, the Minister of Planning and Economic Development announced…
Al-Sisi orders stronger social protection, market oversight, and strategic goods security
President Abdel Fattah Al-Sisi has directed the government to reinforce strategic commodity reserves, intensify anti-inflation measures, and expand spending on healthcare, education, and social protection during a meeting with Prime…