Attracting investment, deepening local manufacturing top priorities in next phase: Military Production Minister

Salah Suleiman Gemblat, Minister of State for Military Production, held talks with Karim Farag, Executive Vice President of SC Johnson for the Asia and Australia region, to explore areas of…

Daily News Egypt

Egypt’s PM reviews state-owned company restructuring, IPO plans, ownership policy update

Egyptian Prime Minister Mostafa Madbouly chaired a government meeting on Sunday at the New Administrative Capital to review progress on a number of priority economic files, including the restructuring of…

Daily News Egypt

Investment Minister brings together developers, regulators to accelerate rollout of digital REIFs

Minister of Investment and Foreign Trade Mohamed Farid Saleh convened a high-level meeting with representatives from five government entities, leading real estate developers, and executives from digital platforms specialising in…

Daily News Egypt

Egyptian developers shift to smaller units to navigate economic pressure: Sawiris

Chairperson and CEO of Ora Developer, Naguib Sawiris, said that developers adopted a new strategy to navigate current economic challenges, emphasizing that Egypt’s property market is undergoing a phase that…

Daily News Egypt

The Egyptian Real Estate Platform announces comprehensive restructuring

The Official Egyptian Real Estate Platform has announced a comprehensive restructuring and the introduction of 10 new services as part of a major upgrade scheduled for April 2026.   The…

Daily News Egypt

MG Developments launches VALO Hospitality, plans EGP 2bn investment over 5 years

MG Developments has launched VALO Hospitality, a dedicated hospitality management arm, as part of a broader expansion strategy aimed at integrating real estate development with professional hotel operations and enhancing…

Daily News Egypt

BUILDEX Developments explores expansion opportunities in West Cairo

BUILDEX Developments outlined its strategy for 2026, which centers on advancing construction at its main project and assessing potential expansion opportunities in West Cairo. The company said that it achieved…

Daily News Egypt

NAIA Developments completes 90% of first phase at NAIA West in New Sheikh Zayed

NAIA Developments has announced that 90% of construction works have been completed on the first phase of its NAIA West project in New Sheikh Zayed City, with 100 residential units…

Daily News Egypt

OPEC+ agrees to increase oil output following US-Israeli strikes on Iran

OPEC+ has agreed in principle to a modest oil output increase of 206,000 barrels per day (bpd) following shipment disruptions caused by US-Israeli strikes on Iran and subsequent retaliatory actions,…

Daily News Egypt

Investment Minister pledges full support for start-ups, streamlined incorporation, financing procedures

Mohamed Farid, Egypt’s Minister of Investment and Foreign Trade, held an expanded meeting with representatives of the country’s entrepreneurship ecosystem and start-up community to discuss practical, immediately applicable measures aimed…

Daily News Egypt