Egypt participates in permanent bureau meeting of Arab Central Bank Governors in Abu Dhabi
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), took part in the Annual Meeting of the Permanent Bureau of the Council of Arab Central Banks and Monetary Authorities’…
Government stresses continued payment of foreign oil partners’ dues
Prime Minister Mostafa Madbouly chaired a meeting on Sunday with Minister of Electricity and Renewable Energy Mahmoud Esmat and Minister of Petroleum and Mineral Resources Karim Badawi to follow up…
Egypt’s Contact insurance arms, Germany’s GIZ partner on SMEs, gender equity
The insurance arms of Egypt's Contact Financial Holding have expanded their partnership with the German Agency for International Cooperation (GIZ) Egypt to develop insurance solutions for small and medium-sized enterprises…
Egypt and Italy mark 50 years of science partnership, discuss future cooperation
Egypt and Italy have marked 50 years of a scientific and technological partnership at a workshop in Cairo, where officials and researchers from both countries discussed future collaboration in strategic…
Egypt–AU members trade exchange rises to $9.8bn in 2024
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported that trade between Egypt and African Union (AU) countries reached $9.8bn in 2024, marking a 6.5% increase from $9.2bn in…
Lipton Egypt to invest EGP 100m in local market by 2026
Islam Tarek, Head of Marketing at Lipton Egypt—one of the world’s largest tea companies—announced that the company will boost its investments in the Egyptian market to EGP 100m by 2026,…
New Event Developments launches Sakan View residential project in Saudi Arabia
New Event Developments has announced the launch of its first project in the Kingdom of Saudi Arabia—the residential development Sakan View in Jeddah. Hamid Al Rajawi, Chairperson of New Event…
SIAC Developments begins handover of The Central in New Capital with over 70% delivered, 90% sold
SIAC Developments has announced the start of unit handovers at its flagship administrative project, The Central, located in Egypt’s New Administrative Capital (NAC). The company has already delivered more than…
Egypt establishes Real Estate Market Regulation Unit to oversee sector transparency
In a move to restructure and modernize the country’s rapidly expanding real estate sector, Egypt has launched the Real Estate Market Regulation Unit, a new entity tasked with overseeing the…
Egypt’s property developers surges to 1,910 in 2025
The number of real estate development companies operating in Egypt has grown remarkably over recent years, rising from just 75 firms in 2016 to around 1,910 by 2025, according to…