Opinion | US-China Clash Sparks New Alliances: Trump’s Tariffs Shift Global Dynamics
In a surprising move, US President Donald Trump announced a 90-day suspension of tariffs on imports from dozens of countries, with a reduction to 10% during this period. However, this…
Madinet Masr executes buyback of 42.7 million shares under treasury stock programme
Madinet Masr, a leading real estate developer listed on the Egyptian Exchange, has announced the execution of a significant portion of its treasury stock buyback programme, approved by its Board…
Egyptian developer M squared launches MIST nature-centric mixed-use project in New Cairo
Egyptian real estate developer M squared has announced the launch of MIST, a mixed-use community in New Cairo designed around sustainable well-being principles, integrating residential, office, and commercial spaces within…
MSMEDA, EU delegation, and EIB conclude €15m community development programme
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has hosted the Closing Conference of the Community Development Programme Agreement, marking the successful completion of a €15m EU-funded initiative implemented…
Egypt PM meets Saudi business delegation to boost investment ties
Egypt's Prime Minister Mostafa Madbouly met a delegation of senior Saudi business leaders at the government headquarters in the New Administrative Capital on Monday to discuss joint cooperation opportunities, the…
Egypt’s SCZone launches digital investor services with EBRD, ministry support
Egypt's Suez Canal Economic Zone (SCZone) has launched digital one-stop-shop services for its investors, developed in collaboration with the European Bank for Reconstruction and Development (EBRD) and Egypt's Ministry of…
Egypt, Qatar discuss strengthening bilateral cooperation, regional issues
Egyptian President Abdel Fattah Al-Sisi held official talks in Doha on Monday with Qatari Emir Sheikh Tamim bin Hamad Al Thani, during the second stop of his ongoing Gulf tour.…
Ongoing Israeli escalation in Gaza amid stalled ceasefire talks
The Israeli military has ramped up its assault on the Gaza Strip, issuing fresh evacuation orders on Monday for residents in vast areas of the southern region, even as ceasefire…
US tariffs create strong growth opportunity for Egypt’s apparel exports: AECE
Fadel Marzouk, Chairperson of the Apparel Export Council of Egypt (AECE), stated that the 10% tariff recently imposed by the United States on clothing imports presents a strategic opportunity for…
Beltone Holding completes EGP 10.5bn capital increase to power strategic expansion
Beltone Holding has completed its second capital increase, raising EGP 10.5bn with an impressive 98% subscription rate. The majority of this funding was secured through foreign investments, underscoring the strong…