Mortgage finance for housing projects reaches EGP 74bn
Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, chaired Tuesday a meeting of the Board of Directors of the Social Housing and Mortgage Support Fund, during which several files…
Fawry acquires majority stake in Svreico building in Smart Village
Fawry, Egypt's leading digital payments company, has acquired an 80% stake in Svreico’s administrative building in the Smart Village, marking a significant expansion of their partnership. The move gives Fawry…
Saudi-Egyptian cooperation crucial for regional security: Bin Farhan
Saudi Foreign Minister Prince Faisal bin Farhan said Tuesday that cooperation between Saudi Arabia and Egypt is crucial for regional security, highlighting the importance of ongoing coordination and consultations between…
Egypt condemns Israel’s bombing of displaced Palestinians in Mawasi Khan Yunis
Egypt condemned in the strongest terms the Israeli bombing of the displaced Palestinians in Mawasi Khan Yunis, which killed and injured more than 100 people. The Ministry of Foreign…
Q Developments announces Novotel Sidi Abdelrahman in Q North
Ahmed Thabet, Chairperson of Q Developments, announced that the company selected Novotel, as the operator for the upcoming international hotel currently under construction within Q North. Thabet mentioned that…
Egypt urges balance between human needs, environmental sustainability
Egypt’s Minister of Environment, Yasmine Fouad, participated Tuesday in a session on the strategic vision and financial plan of the International Union for Conservation of Nature (IUCN) over the next…
Egypt’s Finance Ministry launches EGP 50bn tourism initiative
Egypt's Ministry of Finance has launched a new EGP 50bn tourism initiative to encourage the construction of more hotel rooms and accommodate a larger number of visitors, Finance Minister Ahmed…
Public Enterprises Minister showcases real estate investment opportunities at state firms
Mohamed Shimi, Egypt’s Minister of Public Enterprises Sector, met with the Board of Directors of the New Cairo and Administrative Capital Developers Association at the ministry’s headquarters to discuss potential…
SCZONE chair meets French ambassador to prepare for promotional tour in Paris
Waleid Gamal El-Dien, chairperson of the General Authority of the Suez Canal Economic Zone (SCZONE), received Eric Chevalier, the French Ambassador to Cairo, and his accompanying delegation, at SCZONE’s headquarters…
Al-Mashat reviews investment plan projects in New Valley
Egypt's Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, met with General Mohamed Al-Zamlout, Governor of the New Valley, to review the implementation of the 2024/2025 investment plan…