NBE partners with Belmazad.com to digitize asset sales, auctions
Belmazad.com has signed an operating agreement with the National Bank of Egypt (NBE) to digitize asset marketing and sales, enhancing efficiency, transparency, and reach through electronic public auctions. Mahmoud Farahat,…
Illume Societies launches EGP 4.5bn ‘Illume Residence’ in New Cairo’s Sixth Settlement
Illume Societies has announced the launch of its new residential development, Illume Residence, in the Sixth Settlement area of New Cairo, with planned investments estimated at EGP 4.5bn. The project…
Jadeer Developments launches EGP 10bn ‘Chapters’ residential project in New Capital
Jadeer Developments has unveiled its latest flagship project, Chapters, in the R8 district of Egypt’s New Administrative Capital, with planned investments exceeding EGP 10bn. Spanning approximately 33 feddans, Chapters will…
Egypt’s North Coast captures one-third of national real estate sales
Egypt’s North Coast has reinforced its position as one of the country’s fastest-growing real estate markets, accounting for nearly one-third of total gated-community sales nationwide over the past two years,…
PIF, Talaat Moustafa Group Saudi sign MoU to explore mixed-use developments across Saudi Arabia
Saudi Arabia’s Public Investment Fund (PIF) and Talaat Moustafa Group Saudi for Real Estate Development (TMG Saudi) have signed a Memorandum of Understanding (MoU) to explore collaboration opportunities in mixed-use…
Talaat Moustafa Group Launches Unprecedented Offer at SouthMED
Talaat Moustafa Group (TMG) has announced the launch of new units at its SouthMED project, offering exclusive plans that include reservation down payments starting from just 1.5% and flexible payment…
Egypt condemns Iranian attack on Kuwait and Bahrain as US-Iran deadlock persists over $24bn
Egypt strongly condemned an Iranian attack targeting Kuwait and Bahrain on Saturday, describing it as a dangerous escalation that threatens the security and stability of the Arabian Gulf and the…
Al-Sisi reviews Universal Health Insurance rollout, approves wage increase for ambulance workers
Egyptian President Abdel Fattah Al-Sisi reviewed progress on the implementation of the country’s Universal Health Insurance System (UHIS) and approved a proposal to improve wages for employees of the Egyptian…
MSMEDA injects EGP 1.5bn into green economy projects since 2014: CEO Rahmy
Bassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency has provided EGP 1.5bn in financing for green economy projects between…
Young investors fuel Egypt’s digital gold boom: iSagha
Egypt is witnessing a significant surge in digital gold investment, driven largely by younger investors, as changing consumer behaviour and growing financial awareness reshape the domestic gold market, according to…