Egypt, Sweden explore cooperation in health investment
Chairperson of Egypt Healthcare Authority and Supervisor General of the Universal Health Insurance and Life Dignified projects, Ahmed El-Sobky, met with Swedish Ambassador to Cairo Håkan Emsgård, along with representatives…
Swiss Barry Callebaut to establish $30m factory in Egypt
Yasser Abbas, Deputy CEO of the General Authority for Investment and Free Zones (GAFI), met with a delegation from the Swiss company Barry Callebaut, led by Vamsi Mohan, Regional Head…
FRA reveals size of non-banking financing in July 2024
The Financial Regulatory Authority (FRA) has disclosed the total volume of non-banking financing provided by institutions under its supervision to various sectors in July 2024. Micro, Small, and Medium…
Post for Investment, AXA launch Egypt’s first microinsurance company
Post for Investment, the investment arm of Egypt Post, and AXA Egypt have signed a strategic partnership agreement. Amr Talaat, Minister of Communications and Information Technology, Mohamed Farid, Chairperson of…
TOREC Developments targets EGP 9bn in sales for NUCA through Saba Residence project
TOREC Developments announced its expansion plan in the Egyptian market for the upcoming period. The company serves as the development and marketing arm for the New Urban Communities Authority (NUCA).…
LUD plans to launch new residential project in East Cairo
Lozan Urban Development (LUD) is expected to announce its latest project in East Cairo, alongside its ongoing developments in the New Administrative Capital. This step reflects the company's commitment to…
Housing Ministry to grant incentives for operating commercial stores in New Alamein year-round
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny held a meeting on Saturday evening at the New Alamein City Authority's headquarters with officials from City Edge Developments. The purpose…
Cairo’s untapped potential: Emerging as future tourism hub
Egypt’s capital Cairo is experiencing rapid tourism growth and will need to improve its urban readiness to handle increasing visitor numbers, according to Global Cities’ Readiness for Sustainable Tourism Growth-Destination…
Magnom Properties invests $1bn Forbes International Tower development in Egypt
Magnom Properties, the real estate arm of Rawabi Holding, announced that it is considering launching the Forbes International Tower project in Saudi Arabia and the UAE, with projected investments exceeding…
Egypt marks 6th of October victory, highlights development in Sinai
Egypt’s President Abdel Fattah Al-Sisi, on the 51st anniversary of the 6th of October War Victory, hailed the occasion as a defining moment in the nation’s history, a symbol of…