Egypt–AU members trade exchange rises to $9.8bn in 2024

The Central Agency for Public Mobilization and Statistics (CAPMAS) reported that trade between Egypt and African Union (AU) countries reached $9.8bn in 2024, marking a 6.5% increase from $9.2bn in…

Hossam Mounir

Lipton Egypt to invest EGP 100m in local market by 2026

Islam Tarek, Head of Marketing at Lipton Egypt—one of the world’s largest tea companies—announced that the company will boost its investments in the Egyptian market to EGP 100m by 2026,…

Shaimaa Al-Aees

New Event Developments launches Sakan View residential project in Saudi Arabia

New Event Developments has announced the launch of its first project in the Kingdom of Saudi Arabia—the residential development Sakan View in Jeddah. Hamid Al Rajawi, Chairperson of New Event…

Daily News Egypt

SIAC Developments begins handover of The Central in New Capital with over 70% delivered, 90% sold

SIAC Developments has announced the start of unit handovers at its flagship administrative project, The Central, located in Egypt’s New Administrative Capital (NAC). The company has already delivered more than…

Daily News Egypt

Egypt establishes Real Estate Market Regulation Unit to oversee sector transparency

In a move to restructure and modernize the country’s rapidly expanding real estate sector, Egypt has launched the Real Estate Market Regulation Unit, a new entity tasked with overseeing the…

Daily News Egypt

Egypt’s property developers surges to 1,910 in 2025

The number of real estate development companies operating in Egypt has grown remarkably over recent years, rising from just 75 firms in 2016 to around 1,910 by 2025, according to…

Daily News Egypt

Egypt launches anti-drug awareness campaign for drivers

Egypt's anti-drug body is continuing a nationwide awareness campaign in public transport hubs to raise awareness among drivers of the dangers of drug abuse, according to a statement from the…

Daily News Egypt

Egypt, Mexico discuss environmental cooperation, combating desertification

Egypt’s Minister of Environment, Yasmine Fouad, met with Mexican Ambassador to Cairo, Leonora Rueda Gutierrez, to explore opportunities for bilateral and multilateral cooperation on key environmental issues, including desertification, climate…

Daily News Egypt

Gaza truce talks stall amid famine, mounting global pressure on Israel

The ongoing Israeli offensive against the besieged Gaza Strip has killed 57,882 Palestinians and injured 138,095 since 7 October 2023, according to the Gaza Ministry of Health, which reported that…

Daily News Egypt

The Old Ministries District Is Cairo’s Next Big Bet – But Only If We Get the Vision Right

With state institutions relocating to the New Administrative Capital and the government signalling its intent to repurpose the old ministries district, Downtown Cairo is at a pivotal crossroads. The question…

Karim Shafei