Tatweer Misr to invest EGP 10bn in 2024 for project expansion, diversification

Tatweer Misr plans to invest EGP 10bn in 2024 to expand its project portfolio. This represents a 65% increase from the previous year and the highest investment value in the…

Daily News Egypt

Misr Italia Properties announces Agreement with Marriott International at IL BOSCO Commercial Hub

Misr Italia Properties (MIP), a leading real estate developer in Egypt, hosted a grand ceremony at Cairo Business Park, East Cairo’s entrepreneurship and innovation hub, to reveal IL BOSCO Commercial…

Daily News Egypt

IL Cazar launches The Crest in New Cairo in partnership with Emirati UDC

The Crest, a new residential project by IL Cazar, has been launched with an investment of EGP 30bn. The project covers an area of 158 acres and is the first…

Daily News Egypt

ACUD to seal EGP 200bn deals with Egyptian, Gulf developers this month

The Administrative Capital for Urban Development (ACUD), the company in charge of developing Egypt’s New Administrative Capital, is set to sign about five partnerships with major Egyptian and Gulf developers…

Shaimaa Al-Aees

FUD launches O|Kardia with EGP 3bn investments

Four U Development (FUD), a subsidiary of Al Batal Real Estate Investment Group, has launched O|Kardia, a mixed-use project in New Obour City, with a total investment of EGP 3bn.…

Daily News Egypt

Stock market outlook post-interest rate hike: Positive prospects

Stock market is poised to draw substantial dollar liquidity following recent policy decisions: Nafei

Daily News Egypt

Minister of Foreign Affairs welcomes AmCham delegation

Foreign Minister Sameh Shoukry met with representatives from the American Chamber of Commerce in Cairo (AmCham) on Monday. The delegation is preparing for a visit to Washington, D.C., later this…

Daily News Egypt

Egypt’s trade deficit widens in December 2023

Exports decrease by 23% to $3.48bn

Daily News Egypt

Trevolution Group reports surge in demand for flights to Egypt

Trevolution Group, a global leader in travel with brands like Asap Tickets, Skylux Travel, Dreamport, and Oojo, has reported a record-breaking year. In 2023, the group’s total gross bookings surpassed…

Daily News Egypt

Egypt ministers of International Cooperation and Education discuss education development with international partners

Egypt's Ministers of International Cooperation and Education met to discuss ongoing development cooperation programs and international partnerships in education. The meeting, held at the Ministry of International Cooperation headquarters, focused…

Daily News Egypt