Aqarmap to host Egyptian–Saudi real estate summit in Cairo on May 18
Aqarmap, the leading proptech platform operating in Egypt and Saudi Arabia, is set to host a high-profile real estate summit uniting top developers, investors, and decision-makers from both countries. Scheduled…
Special Group, Mint Real Estate launch ’40 Square’ residential project in New Capital
Special Group for Trade and Investment, in partnership with Mint Real Estate Asset Management, has announced the launch of 40 Square, a new residential development located in the New Administrative…
Housing Ministry unveils new incentives to support developers, ease market pressures
The Ministry of Housing, Utilities, and Urban Communities has introduced a comprehensive package of incentives aimed at supporting real estate developers and addressing ongoing challenges in the property market. According…
Pakistan gave positive ceasefire response for regional peace: PM Sharif
Pakistan, as a responsible state, gave a positive response to a ceasefire considering regional peace and the lives of millions in the region, Prime Minister Muhammad Shehbaz Sharif said in…
2.3 million microinsurance policies cover over 10 million Egyptians: FRA deputy head
Islam Azzam, Deputy Head of the Financial Regulatory Authority (FRA), announced that Egypt’s microinsurance sector achieved notable growth during the 2023/2024 fiscal year. A total of 15 companies—six focused on…
EGP 920m invested in 31,000 youth projects in Damietta over 9 months: MSMEDA CEO
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that nearly EGP 920m has been invested in youth-led projects across Damietta from July 2014 to…
1.5 billion e-documents uploaded to Egypt’s e-invoicing system: ETA chief
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that the national e-invoicing system has recorded significant growth, with approximately 1.5 billion electronic documents uploaded to date. She…
Egypt, Switzerland hold inaugural Joint Economic Committee in Bern
Egypt and Switzerland convened the first meeting of their Joint Economic Committee in the Swiss capital, Bern, chaired at a technical level by Egypt's Ministry of Planning, Economic Development and…
AAIB, Al Ahly Pharos to manage EGP 20bn securitization bond programme for Tatweer Misr
The Arab African International Bank (AAIB) and Al Ahly Pharos have been appointed as financial advisors and lead arrangers for a landmark EGP 20bn securitization bond programme for Tatweer Misr,…
Suez Canal Bank completes EGP 5.8bn in Sharia-compliant sukuk issuances
The Suez Canal Bank has successfully completed two sukuk issuances totaling EGP 5.8bn, both compliant with Islamic Sharia principles. The bank acted as the coverage guarantor and payment agent in…