Egyptian Countryside Development reviews progress on 1.5 Million Feddan Project before Parliament committee
Amr Abdel Wahab, Chairperson and Managing Director of the Egyptian Countryside Development Company, reviewed the latest developments in the National Project for the Reclamation, Cultivation and Development of 1.5 Million…
Agricultural Development Programme plans to double financing portfolio to EGP 10bn, expand foreign currency lending
Egypt's Agricultural Development Programme (ADP), affiliated with the Ministry of Agriculture and Land Reclamation, plans to double its financing portfolio from EGP 5bn to EGP 10bn while expanding lending in…
Gold prices rise EGP 135 over past week as global rally lifts local market
Gold prices in Egypt recorded a strong weekly increase, supported by a sharp rally in international bullion markets after weaker-than-expected US labour market data fuelled expectations that the US Federal…
Egypt’s irrigation minister reviews canal covering, bridge rehabilitation requests with MPs
Egypt's Minister of Water Resources and Irrigation, Hani Sewilam, met with members of parliament to discuss public requests related to covering irrigation canals and replacing or rehabilitating bridges, stressing that…
Banque Misr launches Riyadh branch, begins banking operations in Saudi Arabia
Banque Misr has officially launched its branch in Riyadh, marking the start of its banking operations in Saudi Arabia after completing all regulatory requirements and obtaining approval from the Saudi…
CBE mandates banks to implement Environmental, Social Risk Management System by January 2028
The Central Bank of Egypt (CBE) has instructed banks operating in the domestic market to implement an Environmental and Social Risk Management System (ESRMS), with full implementation required by January…
Balance sheet of banks in Egypt climbs to EGP 24.9trn in February as deposits, lending expand
The aggregate balance sheet of banks operating in Egypt, excluding the Central Bank of Egypt (CBE), rose to EGP 24.920trn in February 2026, up from EGP 24.508trn in January, according…
Alexandria University approves Talaat Moustafa Group donation to support innovation, scientific research
Alexandria University’s Council has approved a donation worth EGP 1.53m from Talaat Moustafa Group (TMG) to support the Aquaphoton team, which is representing the university in the regional competition for…
Arady Misr to launch Egypt’s first fractional land investment platform
Arady Misr, an Egyptian digital land marketplace, has announced the upcoming launch of Arady Shares, a platform that will enable investors to acquire fractional ownership of land through investments starting…
Accor, Margins Developments to launch Novotel hotel, branded residences in New Cairo
Global hospitality group Accor and Margins Developments have signed an agreement to develop a Novotel hotel and Novotel-branded residences at the LUSAIL Residence project in New Cairo's Sixth Settlement, marking…