Egypt completes 650 MW GOS II Wind Farm, supported by EWA Group’s heavy lift logistics
The completion of Egypt's 650 MW GOS II Wind Farm Project marks a significant step in the nation's renewable energy strategy, with EWA Group playing a pivotal role through its…
Egypt’s core inflation drops to 10% in February amid stabilization trends
The Central Bank of Egypt (CBE) reported on Monday that monthly core CPI inflation stood at 1.6% in February 2025, down from 13.2% in February 2024 and slightly lower than…
Edita Food Industries Reports Record-Breaking Revenues of EGP 16.1 Billion in FY2024
Edita Food Industries S.A.E. has announced a milestone year, with revenues soaring 33.2% year-on-year (y-o-y) to reach EGP 16.1 billion in 2024. The company’s strategic diversification, successful pricing strategies, and…
Il Cazar, STM Investment partner to launch Stoda in East Cairo
Egyptian real estate developer Il Cazar has announced a partnership with STM Investment, a diversified Egyptian company specializing in real estate development, education, clubs, shopping malls, investments, and technology. This…
Developers face cash flow challenges, rely on unsold inventory to offset costs
Chairperson of Mazaya Developments, Mohamed Allam, emphasized the critical role of calculating a company’s final cash income after deducting expenses and costs from revenues. The resulting positive or negative balance…
ACUD, Côte d’Ivoire Embassy sign agreement for new headquarters in New Capital
The Administrative Capital for Urban Development (ACUD) and the Embassy of the Republic of Côte d'Ivoire in Cairo have signed a land sale agreement for a 5,000-square-meter plot, where the…
Al Ismaelia to invest EGP 300m in property development during 2025
Al Ismaelia for Real Estate Investment has announced its 2025 strategy, reinforcing its commitment to revitalizing Downtown Cairo as a leading cultural, touristic, and investment destination. The company unveiled several…
Housing Ministry to facilitate real estate funds in Egypt to attract foreign investment
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny stated that the ministry is continuously working to develop the real estate sector to drive economic growth and provide suitable housing…
Hamas open to any initiative that ensures Israel implements ceasefire
The Islamic Resistance Movement (Hamas) announced that a delegation from the movement met in Cairo with the head of the Egyptian General Intelligence Service, Hassan Rashad, to discuss the implementation…
Al-Sisi reviews Egypt’s financial performance, FY 2025/26 budget goals
President Abdel Fattah Al-Sisi met with Prime Minister Mostafa Madbouly and Finance Minister Ahmed Kouchouk on Sunday to discuss the state's financial performance indicators and the key features and targets…
