STM, Majid Al Futtaim partner to expand Carrefour, Supeco presence
STM has signed a memorandum of understanding (MoU) with Majid Al Futtaim, the exclusive operator of the Carrefour brand in Egypt, marking a strategic move to strengthen the retail sector…
EBA explores future of fractional real estate investment, digital platforms
Fathallah Fawzy, Chairperson of the Real Estate Development and Contracting Committee at the Egyptian Businessmen’s Association (EBA), said that moving towards fractional property ownership through digital platforms and real estate…
Housing Minister moves to boost hospitality investment
Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny chaired a meeting of the Board of Directors of the Tourism Development Authority (TDA) to review ongoing work, assess the status…
US envoy Witkoff discusses phase two of Trump Gaza plan with Netanyahu
US special envoy Steve Witkoff said on Sunday that discussions with Israeli Prime Minister Benjamin Netanyahu regarding the implementation of the second phase of a 20-point plan for the Gaza…
Egypt, Tunisia, Algeria to discuss Libyan political deadlock and foreign force withdrawal
Egyptian Foreign Minister Badr Abdelatty arrived in Tunisia on Sunday to participate in a tripartite meeting with his Tunisian and Algerian counterparts focused on securing the withdrawal of foreign mercenaries…
Egypt aims to shift state role to economic regulator under new SOE law
Egypt is seeking technical cooperation with the World Bank to activate its state-owned enterprises (SOE) unit and implement new legislation designed to increase private sector participation in the economy, Minister…
Ireland’s Alex Maguire sets course record to lead MENA Tour event in Egypt’s North Coast
Irishman Alex Maguire carded a course-record nine-under-par 63 to take a three-shot lead following the opening round of the second MENA Tour event of the Egypt Golf Series 2026 on…
Al-Sisi declares Egypt ‘untouchable’, draws red lines on militias, Gaza displacement
Egyptian President Abdel Fattah Al-Sisi said on Saturday that Egypt remains fully secure and immune to threats, stressing that the country’s strength lies in the unity of its institutions and…
Government plans EGP 2.7trn in local debt issuances in Q3 FY2025/2026
The Egyptian government intends to offer treasury bills, bonds and sukuk worth a combined EGP 2.703trn during the third quarter of fiscal year (FY) 2025/2026, according to data published by…
Abdelatty urges Israeli withdrawal, Sudan ceasefire in calls with Guterres and Mladenov
Egyptian Foreign Minister Badr Abdelatty called for a full Israeli withdrawal from Gaza, the deployment of an international stabilisation force, and an immediate humanitarian truce in Sudan during separate calls…