Zhour Developments launches EGP 10bn FioRI compound in west Cairo

Zhour Developments has announced the launch of FioRI compound, a mixed-use residential project in west Cairo, with total investments exceeding EGP 10bn. The project reflects continued expansion in west Cairo,…

Daily News Egypt

Egypt urges Iran, Qatar to uphold diplomacy, ease regional tensions

Egypt’s Foreign Minister Badr Abdelatty held phone calls with Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani and Iranian Foreign Minister Abbas Araqchi to discuss ongoing…

Daily News Egypt

Iran’s Araghchi rallies Gulf support for regional ceasefire path beyond Washington

Iran intensified diplomatic outreach to Gulf states on Sunday, seeking to strengthen a regional track to end the war and stabilize the ceasefire. Foreign Minister Abbas Araghchi emphasized that regional…

Daily News Egypt

Al-Sisi approves Galala development plan, orders tourism, trade expansion

Egyptian President Abdel Fattah Al-Sisi has approved a comprehensive four-year development plan for Galala City on Egypt’s Red Sea coast, aimed at transforming the area into an integrated hub for…

Daily News Egypt

Egypt ends shop closure rules, eyes solar incentives as US-Israeli-Iranian” crisis weighs on regional growth

Egypt has lifted an 11 p.m. mandatory closing time for public shops, commercial centres, and restaurants, and will launch a solar energy incentive initiative for homes and factories, the government…

Daily News Egypt

Egypt steps up field, digital oversight to enhance healthcare services

Egypt is intensifying field inspections and expanding digital oversight of healthcare facilities as part of efforts to improve service quality and operational efficiency nationwide, the Ministry of Health said. In…

Daily News Egypt

Kiwe secures final CBE approval to launch social-centric fintech platform

Kiwe, the home-grown fintech startup designed around how people use money today, has received final approval from the Central Bank of Egypt (CBE) to launch its application and card in…

Daily News Egypt

Egypt implements 975 projects worth EGP 638bn to advance Sinai development since 2014

Prime Minister Mostafa Madbouly chaired a high-level meeting on Sunday to review executive plans for developing the Sinai Peninsula and boosting investment inflows, as part of the government’s broader strategy…

Daily News Egypt

Egyptian Tax Authority extends VAT certificate validity to June 30

Rasha Abdel Aal, head of the Egyptian Tax Authority (ETA), announced that the validity of value-added tax (VAT) registration certificates has been extended until 30 June 2026. The decision reflects…

Daily News Egypt

Al Ismaelia secures EBRD financing to drive ESG-led redevelopment in Downtown Cairo

Al Ismaelia for Real Estate Investment has secured financing from the European Bank for Reconstruction and Development (EBRD) to accelerate its environmental, social, and governance (ESG)-led redevelopment of heritage assets…

Daily News Egypt