Egypt weighs transferring ownership of state holding companies to cut public debt
The Egyptian government is evaluating proposals to transfer the ownership of several public sector holding companies and their subsidiaries in an effort to maximise economic returns and reduce public debt.…
Deyaar, Westway, and Harva surpass H1 2026 sales targets by more than 120%
Deyaar for Construction and Development, Westway, and Harva exceeded their sales targets by more than 120% during the first half (H1) of 2026, reflecting strong demand and the successful execution…
Egypt reviews stalled real estate projects, explores new financing tools to support developers
Egypt's Ministry of Housing, Utilities and Urban Communities is reviewing the conditions of real estate developers, particularly small and medium-sized firms, to identify the causes of stalled projects and develop…
Amarina Group launches real estate arm, plans EGP 10bn investment in five projects
Amarina Group has launched Amarina Real Estate, its property development arm, with plans to invest more than EGP 10bn in five projects across the Red Sea governorate and New Administrative…
Eliwah Group forms consortium to deliver EGP 2bn medical projects in New Capital, New Cairo
Eliwah Group Development has formed a consortium with a group of Egyptian companies specialising in engineering, medical management, digital transformation, and commercial consultancy to develop and operate two medical projects…
Al Oula targets EGP 5bn in mortgage financing in 2026, expands liquidity solutions for developers
Al-Tameer Mortgage Finance – Al Oula is accelerating its expansion strategy in 2026, driven by rising demand for mortgage finance and an expanded suite of financing solutions for real estate…
Egypt to launch dedicated investment fund for Egyptians abroad in 2027: Finance minister
Minister of Finance Ahmed Kouchouk has announced that the government will launch a dedicated investment fund for Egyptians living abroad next year, offering a range of investment instruments tailored specifically…
CBE, foreign ministry launch ‘Update Your KYC in Egypt’ initiative for Egyptian expats
The Central Bank of Egypt (CBE) and the Ministry of Foreign Affairs have launched the "Update Your KYC in Egypt" initiative, enabling Egyptians working abroad to update their banking information…
Egypt expands healthcare services for expatriates as local industry meets 91% of medicine demand
Egypt is expanding healthcare services for its citizens living abroad during their visits to the country, while seeking greater engagement from Egyptian doctors and medical specialists based overseas, Minister of…
Egyptian remittances are among our key sources of foreign currency: PM Madbouly
Egypt's Prime Minister Mostafa Madbouly said remittances and investments from Egyptians living abroad are among the country's most important sources of foreign currency, playing a vital role in strengthening the…