Investment minister discusses Procter & Gamble’s expansion plans to boost local manufacturing, exports

Egypt's Minister of Investment and Foreign Trade, Mohamed Farid, met with senior executives from Procter & Gamble (P&G) to discuss the company's existing investments in Egypt and plans to expand…

Daily News Egypt

Women account for 53% of Egypt’s microfinance beneficiaries in Q1 2026: FRA

Women accounted for 53% of all microfinance beneficiaries in Egypt during the first quarter (Q1) of 2026, underscoring their growing role in the country's non-banking financial sector and the importance…

Daily News Egypt

Seven Egyptian investors sign industrial land agreements at Elsewedy Industrial City in Tanzania

Seven Egyptian investors have signed memoranda of understanding (MoUs) to secure industrial land for new manufacturing facilities at Elsewedy Industrial City in Tanzania, on the sidelines of the presidential summit…

Daily News Egypt

Madbouly reviews implementation of presidential directives to expand digital transformation

Prime Minister Mostafa Madbouly chaired a meeting on Sunday to review progress in implementing President Abdel Fattah Al-Sisi's directives to accelerate digital transformation, with the aim of protecting public funds,…

Daily News Egypt

Egypt, World Bank discuss financial guarantee fund to boost renewable energy, infrastructure investment

Egypt's Minister of Electricity and Renewable Energy, Mahmoud Esmat, held talks with a World Bank delegation on expanding cooperation in financial sustainability, power sector development and innovative financing mechanisms to…

Daily News Egypt

Qatari Diar Egypt unveils SOM-designed master plan for $29.7bn Alam Al Roum development

Qatari Diar Egypt has unveiled the master plan for its flagship Alam Al Roum development on Egypt’s North Coast, designed by global architecture and urban planning firm Skidmore, Owings &…

Daily News Egypt

Aknan Developments launches TEKVERA New Cairo, targets EGP 5bn in new projects

Aknan Developments has announced the launch of TEKVERA, a commercial project dedicated to technology-related businesses in New Cairo, as part of its strategy to expand its portfolio of specialized commercial…

Daily News Egypt

Lawmaker calls for independent real estate regulator instead of developers’ federation

An Egyptian lawmaker has called for the establishment of an independent real estate regulatory authority reporting directly to the Prime Minister, arguing that the country's rapidly expanding property market requires…

Daily News Egypt

‘Yalla Sahel’ unites real estate, tourism sectors to transform North Coast into year-round global destination

Egypt's leading real estate developers, tourism stakeholders and government entities have joined forces under the “Yalla Sahel” initiative, an unprecedented collaboration aimed at repositioning the country's North Coast as an…

Daily News Egypt

Bank ABC joins consortium providing $550m financing for Cheiron’s Egyptian oil fields

Bank ABC has joined a nine-bank consortium to provide a $550m multi-facility syndicated loan to Cheiron Finance Limited to fund oil and gas development in Egypt, the lender announced. The…

Daily News Egypt