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,…
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…
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 &…
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…
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…
‘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…
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…
Egypt and Eritrea oppose unlawful non-littoral security arrangements in Red Sea
Egypt and Eritrea on Sunday completely rejected any attempts by non-littoral parties to enforce maritime access or impose security arrangements in the Red Sea in violation of international law. The…
Queen’s scent keeps naked mole-rat colonies peaceful, infertile, study finds
Deep beneath the ground, a naked mole-rat queen rules without a crown. Scientists have now discovered that part of her authority may be carried through a chemical scent that keeps…
Egypt condemns Iranian strikes on Arab states as regional conflict escalates
Egypt strongly condemned Iranian attacks targeting Kuwait, Bahrain and Oman, including strikes on civilian facilities and critical infrastructure, describing them as flagrant violations of the sovereignty of Arab states and…