Egypt’s ready-made garment exports jump 17% to $2.27bn in 10M 2024
Exports of Egyptian ready-made garments surged to $2.27bn from January to October 2024, a 17% increase compared to $1.94bn during the same period in 2023, according to Fadil Marzouk, Chairperson…
Egyptian business delegation to visit Morocco to strengthen investment, trade ties
The Egyptian-Moroccan Joint Business Council, led by Nezar Abou-Ismail, convened its inaugural meeting to discuss strategies for enhancing communication and collaboration between the two countries, with a focus on boosting…
Egyptian banking alliance grants EGP 4.235bn to Al-Zahi Group for development projects
Three leading Egyptian banks—the National Bank of Egypt (NBE), Banque Misr, and QNB AlAhli—have extended joint financing worth EGP 4.235bn to Al-Zahi Group. This financing aims to support key development…
Deputy PM urges Canadian companies to invest in Egypt, offering support for industrial development
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Ulric Shannon, the Canadian Ambassador to Cairo, to discuss strengthening cooperation in the fields…
Major banks support financing for Robbiki Leather City factories
Cairo for Investment and Real Estate Developments (CIRA) has announced an exclusive opportunity to acquire 43 fully equipped factories for leather production in the third phase of Robbiki Leather City.…
Israeli military actions in Gaza continue amid ceasefire talks
As the Gaza conflict enters its 444th day, reports indicate notable progress in ceasefire negotiations. Israeli media reported on Monday that an Israeli delegation, led by a senior Mossad official,…
Ministers of Housing, Environment discuss collaborative efforts on waste management, infrastructure
Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, and Yasmine Fouad, Minister of Environment, met to discuss ongoing cooperation between their ministries, focusing on waste management and related environmental…
Suez Canal Economic Zone secures $64bn in green hydrogen investments
The Suez Canal Economic Zone (SCZONE) has attracted $64bn in green hydrogen investments through 12 framework agreements, according to SCZONE Chairperson Waleid Gamal El-Din. This was announced during a meeting…
Jordanian Foreign Minister urges inclusive Syrian government in Damascus talks
Jordanian Foreign Minister Ayman Safadi met with Syria's de-facto leader, Ahmed Al-Sharaa, in Damascus on Monday, urging the formation of a Syrian government that represents all factions. During the meeting,…
Madinet Masr unveils SAFE for fractional ownership, offering secure, seamless investment returns
Egypt’s real estate developer Madinet Masr has launched SAFE, an innovative application developed by Madinet Masr Innovation Labs. This app is set to revolutionize real estate investment by introducing a…
