Crucial talks in Cairo aim to end Gaza genocide amid growing global pressure
Efforts to end the ongoing conflict in Gaza entered a critical phase on Sunday, with a Hamas delegation arriving in Cairo for indirect negotiations with Israel. The talks, which follow…
BMEC Imaging commits EGP 214.6m to establish cutting-edge medical device manufacturing facility in Ain Sokhna
Walid Gamal El-Din, Chairperson of the General Authority for the Suez Canal Economic Zone (SCZONE), attended the signing ceremony today for BMEC Imaging’s major investment in the medical device sector.…
Egypt offers 386 ready-to-use industrial units across 11 governorates
The Ministry of Industry has announced the availability of 386 fully serviced and vacant industrial units, ready for immediate allocation to entrepreneurs and small investors across 12 industrial complexes in…
Egypt’s FRA chief holds talks with Saudi financial leaders on regulatory cooperation, innovation
Mohamed Farid, Chairperson of Egypt's Financial Regulatory Authority (FRA) and Vice Chairperson of the International Organisation of Securities Commissions (IOSCO) Board, held high-level bilateral meetings with senior Saudi financial institution…
Madbouly pushes state asset sales, seeks stronger Egyptian Exchange
Egypt's Prime Minister Mostafa Madbouly on Sunday held a crucial meeting to accelerate the preparation of state-owned companies for public offerings and devise strategies to invigorate the Egyptian Exchange (EGX).…
Accelerating urban growth drives urgent need for smarter infrastructure: Otis
As urbanization accelerates globally, with 70% of the world’s population projected to live in cities by 2050, the demand for smarter, safer, and more efficient infrastructure is intensifying. In Egypt,…
Living Yards, Lemon Spaces partner for ‘Maison S’ Branded Residences
Egyptian real estate developer Living Yards Developments has announced a strategic partnership with Lemon Spaces, a company specialising in managing branded residential units with a hospitality focus. The collaboration will…
GRANITE receives FRA approval for Egypt’s first EGP-denominated digital money market fund
GRANITE Financial Holding, a digitally-driven asset management company, announced it has received approval from Egypt’s Financial Regulatory Authority (FRA) to launch its multi-currency fixed-income fund platform. The company’s first product…
Tech startup investments surge sevenfold in Egypt over five years: Minister
Amr Talaat, Egypt’s Minister of Communications and Information Technology, recently announced a remarkable surge in investments in the country’s technology startups, with the total volume of funding increasing sevenfold from…
Egypt’s Al-Sisi commemorates October War, discusses national security with top brass
Egyptian President Abdel Fattah Al-Sisi on Sunday marked the 52nd anniversary of the 1973 October War by chairing a meeting of the Supreme Council of the Armed Forces to discuss…