Egyptian-Italian alliance targets $10bn mega projects across Egypt, Gulf
Precision Consulting Engineering (PCE) has announced a strategic partnership with RECS Architects to expand integrated architectural and consultancy services across Egypt and Gulf markets. The agreement, signed by PCE Chairperson…
Wadi Degla Developments records EGP 5.6bn in 2025 sales
Wadi Degla Developments recorded total sales of EGP 5.6bn in 2025, alongside the delivery of 1,500 residential units, maintaining a steady execution pace of around three units per day. This…
Egypt’s real estate market remains resilient amid regional uncertainty: Savills
Egypt’s real estate market continues to demonstrate resilience despite ongoing regional uncertainty, according to Savills Egypt. While geopolitical tensions persist, market activity remains largely unaffected, with developers maintaining project pipelines…
Halan AZ REIT closes first hospitality tranche through Brassbell partnership
Halan AZ Real Estate Investment Fund (REIT) has announced the successful closing of its inaugural hospitality investment tranche, executed in partnership with Brassbell Hospitality Group, marking the fund’s first deployment…
Agriculture Minister approves EGP 154m in new funding for National Veal Project
The National Veal Project, chaired by Alaa Farouk, Minister of Agriculture and Land Reclamation, has approved new financing worth EGP 154m for 110 beneficiaries, including small-scale breeders and young graduates,…
Non-banking SME financing rises to EGP 25bn in January 2026: FRA
The Financial Regulatory Authority (FRA) said non-banking financing extended to small and medium-sized enterprises (SMEs) by companies and associations under its supervision reached EGP 25bn in January 2026, up from…
Petroleum Minister urges Egyptian Drilling Company to expand global partnerships
Minister of Petroleum and Mineral Resources Karim Badawi has underscored the pivotal role of the Egyptian Drilling Company (EDC) in delivering the government’s five-year plan to boost domestic oil and…
ICAO chief commends Egypt for accommodating emergency flights during regional airspace closures
The head of the International Civil Aviation Organisation (ICAO) praised Egypt for successfully accommodating a surge of emergency and rescheduled flights forced by airspace closures during the recent regional conflict.…
The Spine: New hub for finance, business and tourism in Egypt by 2026
In a landmark move poised to redefine Egypt’s urban and economic landscape, Talaat Moustafa Group (TMG) has unveiled its most ambitious development to date: The Spine in Madinaty. With investments…
Iran War revives stagflation fears as global growth forecasts crumble
Seven weeks into the Iran conflict, the economic damage is beginning to show up in the data — and the picture is darkening. As preliminary business surveys roll in from…