Akam Al Rajhi partners with U Hotels to launch second D.O.S.E Hotel in North Coast
Akam Al Rajhi Developments has signed a cooperation agreement with Absolute Hotel Services—one of the fastest-growing hospitality groups in Asia and Europe—to manage and operate the second hotel within its…
Egypt’s resilient real estate market signals long-term potential, attracts foreign investors: JLL
Egypt has re-emerged as a resilient and attractive investment destination, particularly for international buyers, following a period of economic volatility and currency fluctuations in 2024. This renewed optimism was highlighted…
Mohamed ElAraby Appointed as L’Oréal Egypt Managing Director
L’Oréal Egypt is pleased to announce the appointment of Mohamed El Araby as its Managing Director, marking a historic milestone as the first Egyptian national to hold this esteemed position.…
Opinion | Special Article by Ambassador of the Republic of Korea Kim Yonghyon on the 30th anniversary of establishment of diplomatic ties between Korea and Egypt
Today marks the 30th anniversary of diplomatic relations between Korea and Egypt. I am privileged to serve as Korean Ambassador in Cairo at this meaningful time. On this auspicious day,…
Egypt, South Korea mark 30 years of deepening ties in trade, investment and defence
Egypt and South Korea today commemorate 30 years of diplomatic relations, marking a period of significant growth in trade, investment, and defence cooperation. This anniversary, which falls in April 2025,…
Genocide in Gaza: Israeli bombardment continues amid stalled political efforts
Israel’s ongoing bombardment of the Gaza Strip continues to claim the lives of Palestinian civilians, as the humanitarian situation spirals and political efforts to end the war remain deadlocked. On…
Egypt, Indonesia elevate bilateral ties to strategic partnership
Egyptian President Abdel Fattah Al-Sisi received his Indonesian counterpart Prabowo Subianto on Saturday at Al-Ittihadiya Palace in Cairo, marking a landmark visit aimed at deepening bilateral relations and expanding cooperation…
Egypt launches two new textile cities in Minya, Fayoum across 11 million sqm
The Egyptian government has unveiled plans to establish two integrated textile cities in Upper Egypt—one in Minya’s Wadi El-Saririya area and the other in the northern industrial zone of Fayoum—each…
Gold prices in Egypt surge 7% over past week, climbing more than EGP 300
Gold prices in Egypt surged by 7% over the past week, rising by EGP 310 to close at EGP 4,690 per gram during Saturday’s trading—the highest level recorded this week.…
CBE to launch phase two of remittance digitization project with 12 participating banks
The Central Bank of Egypt (CBE) has announced preparations for the second phase of its remittance digitization project targeting Egyptian expatriates, with 12 banks operating in the local market set…
