EGP 10.05bn injected into national veal project in 2025: Official
Tarek Soliman, Head of the Livestock and Poultry Development Sector within Egypt's Ministry of Agriculture and Land Reclamation, said that approvals were granted in 2025 to disburse EGP 1.06bn to…
Egypt poised to become regional automotive manufacturing hub: General Motors
General Motors believes Egypt has the fundamentals to become a regional centre for automotive manufacturing and exports to the Middle East and Africa, according to Sharon Nishi, Chair and Managing…
Egypt, India explore deeper cooperation on climate action, waste management
Egypt’s Minister of Local Development and Acting Minister of Environment, Manal Awad, met with India’s Minister of State for External Affairs, Environment, Forest and Climate Change, Shri Kirti Vardhan Singh,…
Egypt, Greece, Cyprus push for GREGY energy link and Gaza reconstruction
Egypt and its Mediterranean allies, Greece and Cyprus, have moved to accelerate the GREGY electrical interconnection project and coordinated on a roadmap for Gaza’s reconstruction, including support for a technocratic…
Al-Sisi reviews Suez Canal traffic recovery, expects higher revenues in 2026
Egyptian President Abdel Fattah Al-Sisi met on Sunday with Osama Rabie, Chairperson of the Suez Canal Authority (SCA), to review recent developments in shipping traffic and the authority’s maritime development…
FRA grants EGX first licence to operate derivatives trading
The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has granted the Egyptian Exchange (EGX) its first licence to operate futures exchanges for derivatives based on securities listed on the…
Tesla Developments to launch second phase of Tesla Residence in West Cairo
Tesla Developments has sold out the first phase of its Tesla Residence project and is preparing to launch the second phase, which is expected to attract strong interest from both…
Title deed insurance opens new real estate investment opportunities in Egypt
The Financial Regulatory Authority’s (FRA) introduction of real estate title deed insurance marks a significant step for Egypt’s property sector, strengthening investor protection and opening the door to greater foreign…
Egypt’s property market remains stable with limited delivery delays: Real Estate Chamber
Tarek Shoukry, Chairperson of the Real Estate Development Chamber at the Federation of Egyptian Industries (FEI), said delays in the delivery of residential units remain limited and do not reflect…
Egyptian developers turn to repricing, flexible payment plans to revive sales
Amid slowing demand and intensifying competition, Egyptian real estate developers are revising pricing strategies and expanding flexible payment plans to stimulate sales and maintain cash flow. Companies are increasingly relying…