Bonyan for Development announces intention to list on EGX in Q2 2025
Bonyan for Development and Trade, Egypt’s leading pure-play real estate investment company, announced on Wednesday its intention to proceed with an initial public offering (IPO) and list its shares on…
Egypt’s Foreign Minister stresses peace, security, economic ties at EU-AU Meeting
Egypt's Foreign Minister Badr Abdelatty stressed the importance of peace, security, and economic ties at the European Union-African Union (EU-AU) Ministerial Meeting in Brussels on Wednesday, 21 May. He affirmed…
Hisham Talaat Moustafa eyes Oman as promising real estate, tourism investment hub
Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group (TMG), has affirmed that the Sultanate of Oman holds a promising future for its real estate sector and is…
Pakistan leaders condemn deadly Balochistan school bus attack, accuse India of backing terrorists
Pakistan President Asif Ali Zardari and Prime Minister Muhammad Shehbaz Sharif on Wednesday condemned a terrorist attack on a school bus in Khuzdar, Balochistan, which killed five individuals, including three…
OPPO Launches Find N5 Foldable Smartphone in Egypt, Exclusively with Orange
OPPO has officially launched its next-generation foldable smartphone, the Find N5, in Egypt, marking a significant leap in smartphone innovation in the local market. The device will be available exclusively…
CARITech, Finastra partner to drive core banking transformation in MENA
CARITech, a leading digital transformation consultancy specializing in core banking modernization, has announced a strategic partnership with Finastra, a global financial software provider, to accelerate the adoption of the Finastra…
Urban inflation rises to 13.9% in April despite fuel price hikes
Urban headline inflation in Egypt edged up to 13.9% in April 2025, compared to 13.6% in March, according to the Central Bank of Egypt (CBE). The slight increase came in…
China’s Hightx to invest EGP 851.7m in decorative fabrics plant in Qantara West
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), signed an agreement on Tuesday with Winlong Lu, Chairperson of Chinese decorative fabric and home textiles manufacturer Hightx, to…
ETA dismisses VAT hike claims, reaffirms food exemptions
The Egyptian Tax Authority (ETA) has reaffirmed its commitment to a stable and predictable tax policy, underscoring efforts to attract investment, drive economic growth, and protect low-income and vulnerable segments…
Egypt’s Al-Mashat outlines economic shift to export-led growth at IMF forum
Egypt's Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, has detailed government plans for a significant shift in the country's economic growth model towards tradable and exportable sectors,…