CB Link records EGP 15bn in sales, targets EGP 30bn in 2026
Coldwell Banker Egypt organised the first annual ceremony of its CB Link programme, bringing together partners from leading real estate brokerage and marketing companies to celebrate a year of collaboration…
Oil markets brace for $100 crude as Strait of Hormuz closure persists
Global energy executives and traders warned that oil prices are set to reach $100 per barrel within days as the near-total halt of shipping through the Strait of Hormuz transforms…
Arab League denounces Iranian attacks as “massive strategic error”
The Arab League has condemned Iranian attacks against Gulf states as a "massive strategic error," with Secretary-General Ahmed Aboul Gheit stating on Sunday that Arab nations are speaking with one…
Real Estate Development Chamber adds 764 new member companies in 2025
The General Assembly of the Real Estate Development Chamber at the Federation of Egyptian Industries held its meeting on Wednesday to review the chamber’s performance and key developments in Egypt’s…
E-invoice, e-receipt compliance required to benefit from simplified tax system: ETA head
Egyptian Tax Authority (ETA) Chairperson Rasha Abdel Aal said that benefiting from the simplified tax system for businesses with annual turnover of less than EGP 20m under Law No. 6…
Hong Kong delegation explores investment opportunities in Egypt’s garment, textile sector
A delegation of 14 garment and textile industry leaders from Hong Kong recently concluded a business mission to Cairo, aimed at exploring investment and partnership opportunities in Egypt’s fast-growing manufacturing…
Al-Sisi, Macron discuss regional tensions, Iran war
Egyptian President Abdel Fattah Al-Sisi discussed regional developments with French President Emmanuel Macron during a phone call on Sunday, including the ongoing war in Iran and its implications for the…
Egypt launches 13th offering of serviced industrial land via digital platform
The Egyptian government has launched the 13th offering of serviced industrial land through the Egypt Industrial Digital Platform, providing new investment opportunities for manufacturers across the country. The offering includes…
SUMED pipeline becomes global oil lifeline as Hormuz traffic plummets 85%
As regional instability severely constrains traditional shipping routes, Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has positioned the Arab Petroleum Pipelines Company (SUMED) as the definitive strategic alternative…
Egypt won’t allow manipulation of essential goods prices or deliberate withholding: PM
Egypt’s Prime Minister, Mostafa Madbouly, said the state will not allow any manipulation of the prices of essential goods or the deliberate withholding of them from the market, stressing the…