Israel claims airstrike kills Hamas spokesperson Abu Ubaida
Israeli Defence Minister Israel Katz announced Sunday that the Israeli military killed Abu Ubaida, the spokesperson for Hamas’s armed wing, the Al-Qassam Brigades, in an airstrike carried out the previous…
China hosts largest-ever SCO summit with focus on security, economy
The 25th Shanghai Cooperation Organisation (SCO) summit opened in Tianjin, China, on Sunday, with leaders including China's Xi Jinping and Russia's Vladimir Putin set to discuss security and economic cooperation…
Egypt’s ready-made garment exports surge 26% in 7M 2025
Egypt’s ready-made garment exports surged impressively during the first seven months of 2025, reaching approximately $1.939bn, up from $1.539bn during the same period last year—an annual growth rate of 26%.…
Majid Al Futtaim celebrates milestone with 100th retail store, first Carrefour in Suez
Majid Al Futtaim, the leading developer and operator of shopping malls, communities, retail, and leisure destinations across the Middle East, Africa, and Asia, has reached a new investment milestone with…
Egypt ramps up preparations for 8th Cairo Water Week with strong global engagement
Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, has received an extensive progress report from Waleed Haqqi, Head of the Planning Sector and CEO of Cairo Water Week, detailing…
Egypt advances national industry, attract global investment: Minister
Mohamed Salah El-Din Mostafa, Minister of State for Military Production, has affirmed that the successful localisation of armoured steel manufacturing at Abu Zaabal Engineering Industries Company (Factory 100)—in partnership with…
Egypt targets EGP 144.8bn investment in agriculture, irrigation
Egypt is targeting total investments of EGP 144.8bn ($3bn) for the agriculture and irrigation sectors in its plan for the fiscal year (FY) 2025/26, the Ministry of Planning, Economic Development…
RED IN, ACE – Moharram Bakhoum partner to launch JOYA Residence in New Obour
RED IN Developments has announced the signing of a contract with ACE – Moharram Bakhoum, one of Egypt and the Middle East’s leading consultancy firms, as part of its preparations…
Top 10 Egyptian developers record EGP 651bn in H1 2025 sales, marking 47% growth
Egypt’s real estate market witnessed a significant surge in the first half (H1) of 2025, with the country’s top 10 developers achieving combined sales of around EGP 651bn, compared to…
Egypt’s real estate sector anticipates investment surge following CBE’s rate cut
The Central Bank of Egypt (CBE) announced on Thursday, August 28, 2025, a 200-basis-point reduction in key interest rates during its Monetary Policy Committee meeting. The overnight deposit rate was…