Egypt moves to secure strategic fuel reserves amid rising regional tensions
Egypt’s Prime Minister Mostafa Madbouly chaired a high-level meeting on Sunday to assess the readiness of the country’s energy sector in light of escalating military tensions across the region. The…
BRT offers $5bn cheaper alternative to metro: Transport Minister
Egypt’s Transport Minister Kamel Al-Wazir conducted an inspection tour of the Bus Rapid Transit (BRT) project. The tour focused on the final touches and operational readiness of the second phase,…
Egyptian banking syndicate signs $119.4m facility for Flex PET expansion
A syndicate of Egyptian banks has signed a long-term syndicated facility worth $119.4m for Flex PET Egypt to finance the second phase of its manufacturing plant in the Ain Sokhna…
Government steps up coordination to contain impact of airspace closures on Egyptian exports
The Ministries of Investment and Foreign Trade, Supply and Internal Trade, and Agriculture and Land Reclamation are intensifying coordination to assess and mitigate the repercussions of airspace closures in a…
Attracting investment, deepening local manufacturing top priorities in next phase: Military Production Minister
Salah Suleiman Gemblat, Minister of State for Military Production, held talks with Karim Farag, Executive Vice President of SC Johnson for the Asia and Australia region, to explore areas of…
Egypt’s PM reviews state-owned company restructuring, IPO plans, ownership policy update
Egyptian Prime Minister Mostafa Madbouly chaired a government meeting on Sunday at the New Administrative Capital to review progress on a number of priority economic files, including the restructuring of…
Investment Minister brings together developers, regulators to accelerate rollout of digital REIFs
Minister of Investment and Foreign Trade Mohamed Farid Saleh convened a high-level meeting with representatives from five government entities, leading real estate developers, and executives from digital platforms specialising in…
Egyptian developers shift to smaller units to navigate economic pressure: Sawiris
Chairperson and CEO of Ora Developer, Naguib Sawiris, said that developers adopted a new strategy to navigate current economic challenges, emphasizing that Egypt’s property market is undergoing a phase that…
The Egyptian Real Estate Platform announces comprehensive restructuring
The Official Egyptian Real Estate Platform has announced a comprehensive restructuring and the introduction of 10 new services as part of a major upgrade scheduled for April 2026. The…
MG Developments launches VALO Hospitality, plans EGP 2bn investment over 5 years
MG Developments has launched VALO Hospitality, a dedicated hospitality management arm, as part of a broader expansion strategy aimed at integrating real estate development with professional hotel operations and enhancing…