Geopolitical tensions reshape Egypt’s real estate market, driving prices and shifting investment trends
Egypt’s real estate market is undergoing rapid transformation amid ongoing geopolitical tensions and economic volatility, with rising construction costs, currency pressures, and energy concerns reshaping both pricing strategies and investment…
Iran rehabilitates missile sites within hours of strikes, US intelligence says
US intelligence reports indicate that Iran is rehabilitating missile bunkers and silos within hours of being targeted by American and Israeli strikes, according to the New York Times, casting doubt…
Iran’s Revolutionary Guard imposes yuan-based tolls for Strait of Hormuz transit: Bloomberg
Iran’s Revolutionary Guard (IRGC) has begun imposing a formal toll system on vessels transiting the Strait of Hormuz, charging fees in Chinese yuan and requiring ships to fly the flags…
Trump proposes $1.5trn military budget for 2027 with massive agency cuts
US President Donald Trump's administration on Friday proposed a $1.5trn military budget for the 2027 fiscal year, a 44% increase over 2026 levels, alongside sweeping cuts to government agencies and…
Western airlines seize market share as Iran war disrupts Middle East aviation hubs
Western airlines are redeploying aircraft to Asia and North America to capture market share from Middle Eastern competitors as the war in Iran disrupts regional flight paths and grounds regional…
IDA launches 414 ready-to-operate industrial units across 11 governorates
Industrial Development Authority (IDA) has announced the launch of 414 fully equipped industrial units for immediate delivery across 12 industrial complexes in 11 governorates, as part of the Ministry of…
Military Production Minister explores defence industry cooperation with Junghans, Thales Egypt
Salah Gamblat, Minister of State for Military Production, held talks with Luc Mestrallet, Chairperson of Junghans, and Sherif Barakat, CEO of Thales Egypt, to discuss prospects for joint cooperation in…
Finance Minister prioritises development financing, curbs commercial borrowing
Finance Minister Ahmed Kouchouk said the government is working to reduce budget sector debt and the overall deficit, while maintaining a primary surplus to lower debt servicing costs and create…
Health Minister reviews medical projects in Badr, Obour and Nasr City
Egypt’s Health Minister Khaled Abdel Ghaffar conducted a series of field inspections of key healthcare projects and facilities in Cairo and Qalyubeya, as part of the government’s efforts to accelerate…
Madbouly tours Benha Investment Zone to drive industrial growth, boost exports
Egypt’s Prime Minister Mostafa Madbouly conducted an extensive inspection tour on Saturday of several industrial facilities in the Benha Investment Zone, as part of the government’s ongoing efforts to support…