Death toll from Israeli aggression on Gaza suprasses 40,000
The death toll from the ongoing Israeli aggression on the Gaza Strip has surpassed 40,000, according to the Gaza Ministry of Health. The ministry reported that 25 civilians were killed…
Nissan Egypt plans $55.9m investment, aims to boost local production, exports
Nissan Egypt plans to invest $55.9m by 2026 to strengthen its position in the Egyptian market and boost local manufacturing, according to company representatives who met with Prime Minister Mostafa…
Egypt’s North Coast poised to become global leader in sustainable tourism
Egypt’s North Coast is poised to become a global leader in sustainable tourism, with the development of New Alamein City serving as a key driver, according to Mohamed Kaoud, former…
Egypt’s Investment Minister discusses trade, investment ties with Singapore’s ambassador
Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib met with Dominic Goh, Singapore's Ambassador to Cairo, to discuss strengthening economic cooperation between the two countries. The meeting, which also…
Egypt’s Al-Mashat meets with UN Deputy Secretary-General on sustainable development
Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with Amina J. Mohammed, Deputy Secretary-General of the United Nations and Chair of the UN Sustainable Development Group,…
Egypt’s Emergency Labour Aid Fund increases minimum assistance to EGP 1,500
Egypt’s Minister of Labour Mohamed Gobran announced on Sunday, August 27, that the minimum emergency aid for workers whose companies face challenges will be increased from EGP 600 to EGP…
Zaytoun Development collaborates with Inspire Management for Inizio Project in New Administrative Capital
Zaytoun Development has announced a new collaboration with Inspire Management for the management and operations of its Inizio project in Egypt’s New Administrative Capital (NAC). The collaboration comes as construction…
Home Group Developments, Saudi Aseel Group launch EGP 1bn project in Egypt
Home Group Developments has announced the launch of its latest project, a commercial, administrative, and medical mall in Egypt, in partnership with Saudi Aseel Group. The project, with investments exceeding…
Egyptian-Sudanese Expo explores leveraging Egypt’s property companies for Sudan reconstruction
The second edition of the Egyptian-Sudanese Expo opened in Cairo on Friday, aiming to connect Egyptian real estate developers with Sudanese investors and facilitate the reconstruction of war-torn areas in…
ACUD records EGP 26bn in pre-tax profits for 2023
Egypt’s New Administrative Capital Urban Development (ACUD) company achieved total pre-tax profits of EGP 26bn for 2023, an increase of EGP 6bn, or 30%, compared to the previous fiscal year.…