Margins Developments launches Lusail in New Cairo with EGP 15bn Investment
Margins Developments has unveiled its latest residential project, Lusail, located in New Cairo. Spanning 35 feddans and with total investments exceeding EGP 15 billion, Lusail is set to become one…
MIDAR invests $7bn in Mostakbal City, plans for local, regional expansion targeting $14bn
MIDAR for Investment and Urban Development, the founding and master developer of Mostakbal City and MADA in East Cairo, is reinforcing its leadership in Egypt's real estate development sector with…
How the Federal Reserve’s Interest Rates Affect Financial Markets
The Federal Reserve, the central bank of the United States, uses interest rates as a tool to achieve its dual mandate: maximum employment and stable prices
Gaza ceasefire closer than ever, ‘if Israel doesn’t set new conditions’: Hamas
Three major Palestinian factions—Hamas, Islamic Jihad, and the Popular Front for the Liberation of Palestine—announced on Saturday that a ceasefire agreement with Israel in the Gaza Strip is now closer…
Egypt’s Drug Authority achieves Level 3 Maturity certificate for medicines, vaccines
Egypt’s Ministry of Health and Population announced on Saturday that the Egyptian Drug Authority (EDA) officially received the Level 3 maturity certificate (ML3) for medicines and vaccines, according to the…
Gold prices dip 1% globally over week: iSagha
Gold prices saw a slight uptick in local markets on Saturday, following a weekend closure of the global exchange. This increase came after a week of losses, with the price…
Government focuses on enhancing investment climate to boost competitiveness: El-Khatib
Hassan El-Khatib, Egypt's Minister of Investment and Foreign Trade, outlined the government’s ongoing efforts to foster a more competitive and investment-friendly business environment. Speaking during a meeting with a delegation…
Egypt plays key role in Libya’s reconstruction: FEI official
Alaa Nasr El-Din, a board member of the Wood and Furniture Chamber at the Federation of Egyptian Industries (FEI), highlighted the significant strides made by Egypt’s industrial sector in 2024,…
Communications Minister chairs meeting to review National Cybersecurity Strategy projects
Amr Talaat, Egypt's Minister of Communications and Information Technology, chaired a pivotal meeting of the Supreme Cybersecurity Council, where members reviewed and discussed the progress of projects under the National…
SAIL Project delivers mechanisation, microgrants to rural areas in Egypt
Egypt's Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat oversaw the delivery of agricultural mechanisation equipment to agricultural and marketing cooperatives, alongside the distribution of microenterprise grants to…
