Egypt to continue offering stakes in state-owned firms to boost private sector, PM says
Egypt will continue implementing its government offering programme by selling stakes in state-owned companies to increase private sector participation in the economy, Prime Minister Mostafa Madbouly stated. The planned…
Inflammatory bowel disease cases rise across tropics, but map tells only part of story
A new study suggests that inflammatory bowel disease (IBD) in tropical countries cannot be understood by geography alone. Being located between the Tropics of Cancer and Capricorn does not mean…
Waste cooking oil could help power diesel engines with lower emissions
A new Egyptian study suggests that waste cooking oil, often discarded as a household or restaurant waste product, could be converted into a useful fuel for diesel engines when carefully…
Irrigation water delivers ‘hidden fertiliser’ to world’s croplands: Study
A new study has found that irrigation water does more than deliver water to crops. It also carries substantial amounts of nitrogen into farmland, supplying the equivalent of about 13%…
Spanish-Egyptian mission unearths late Fifth Dynasty tomb of a judge in Saqqara
A joint Spanish-Egyptian archaeological mission has discovered a late Fifth Dynasty tomb belonging to a senior judge and his father in the Saqqara necropolis, shedding light on the administrative roles…
Creative Investments Holding secures $20m first close for $50m MENA creative industries platform
Creative Investments Holding has secured $20m in initial commitments at the first close of its founding round, as the investment company seeks to raise up to $50m to build a…
Modon Developments invests EGP 5bn in Green River Tower at New Capital
Modon Developments is investing around EGP 5bn in its Green River Tower project in the New Administrative Capital, with approximately EGP 1bn already deployed, according to Jihad Fathy, the company’s…
Aqar Exit units reach EGP 72.2bn in estimated market value
Aqar Exit has launched Egypt’s first index tracking the real estate assignment market, aiming to monitor activity involving existing property contracts and analyse trends in supply, demand, liquidity, and purchasing…
M squared’s Masyaf Ras Al Hekma reaches 41% construction completion as phase two begins
M squared, the real estate arm of Intro Holding, announced that its Masyaf Ras Al Hekma destination has reached approximately 41% overall construction completion, as development accelerates across the 1,546-unit…
Garnest targets 100,000 customers, 10,000 accommodation units in Egypt
Vacation rental booking platform Garnest is planning to expand its operations in Egypt after attracting more than 5,000 customers and listing over 500 accommodation units within its first two months…