PM Madbouly, Al-Mansour Group discuss launching $150m automotive factories in Egypt
Egyptian Prime Minister Mostafa Madbouly met on Sunday with senior officials from Al-Mansour Automotive Group to discuss the company's plans to establish two new factories—one for vehicles and another for…
Over 800 Saudi companies invest $34bn in Egypt: Agriculture Minister
Saudi investments in Egypt have reached approximately $34bn, with over 800 Saudi companies active in the country, Minister of Agriculture and Land Reclamation Alaa Farouk announced during the Egyptian-Saudi Business…
Egypt to launch nationwide lease of serviced industrial units in May: Al-Wazir
Egypt will begin offering a series of vacant, fully serviced industrial units for lease across various governorates starting May 1, Deputy Prime Minister for Industrial Development and Minister of Industry…
Egyptian Drug Authority, Abbott discuss localizing pharmaceutical production
Chairperson of the Egyptian Drug Authority (EDA), Ali Ghamrawy, held an extensive meeting with representatives from global healthcare company Abbott to review the latest developments in localizing the production of…
Egypt’s FM discusses US-Iran talks, Gaza ceasefire with regional counterparts, US Envoy
Egyptian Foreign Minister Badr Abdelatty, held a series of phone conversations on Sunday, with his counterparts in Oman and Iran, as well as the US Special Envoy to the Middle…
Giza Pyramids attract 15,000 visitors in single day amid development drive
The Giza Pyramids archaeological area welcomed approximately 15,000 visitors on Saturday—both Egyptians and international tourists—marking a 25% increase compared to the first day of the trial run and the highest…
Israeli airstrike destroys Al-Ahli Baptist Hospital in Gaza amid ceasefire push
Israeli forces bombed the emergency and reception building of Al-Ahli Arab Hospital—widely known as the Baptist Hospital—in the early hours of Sunday, completely destroying the facility and forcing it out…
ETA urges swift action ahead of tax relief deadlines
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), has confirmed that the newly approved tax relief package offers a one-time opportunity for the business community and will not…
Egypt, Saudi Arabia to launch joint real estate fund with diverse portfolio: Housing Minister
Egypt’s Minister of Housing, Utilities, and Urban Communities, Sherif El-Sherbiny, has announced plans to establish a joint Egyptian-Saudi real estate investment fund. The fund will feature a diversified portfolio of…
Savills Egypt launches graduate programme to develop real estate leaders
Savills Egypt has launched its inaugural graduate programme, a 12-month, full-time initiative designed to cultivate young talent and advance the real estate sector in Egypt. The programme, which commenced this…
