Rwabet Developments launches Sela Business Hub with EGP 4bn investment
Rwabet Developments has announced the launch of its first project in the Egyptian real estate market, the Sela Business Hub, located in the Financial District of the New Administrative Capital.…
Savills Egypt reports strong performance in North Coast sales YTD
Savills Egypt, the local office of the global real estate advisor, has reported a significant increase in real estate sales along the North Coast, particularly in Ras El Hekma, which…
Egypt opens door to penthouse construction in new cities
Egypt's Minister of Housing, Utilities and Urban Communities, Sherif El-Sherbiny, announced a new policy allowing citizens who have complied with existing building permits to apply for increased building ratios for…
Eslam Piko: Underwater artist capturing beauty below the surface
Eslam Piko’s journey into the depths of underwater photography is a captivating tale of passion and artistry, a story that speaks to the allure of the ocean and the human…
Egyptian Countryside Development, Al Magd Group to cultivate 29,000 feddans of oil crops in west Minya
Amr Abdel Wahab, chairperson and managing director of the Egyptian Countryside Development Company, signed an investment contract with Al Magd Group for a 29,000-feddan area. This project, located in South…
Hanno outlines plans to boost cultural investment in Egypt
Egyptian Prime Minister Mostafa Madbouly met with Minister of Culture Ahmed Hanno on Saturday to discuss a proposed vision for enhancing cultural investment in the country. The vision aims to…
Egypt, South Africa pledge to deepen cooperation for regional development
Egypt and South Africa have committed to deepening their partnership to promote regional development, particularly in Africa, according to a statement released following a meeting between Egypt’s Minister of Planning,…
Egypt, Siemens collaborate on local manufacturing, energy management
Minister of Electricity and Renewable Energy Mahmoud Esmat met with Mostafa El-Bagoury, CEO of Siemens Egypt, Stephan Mayr, CEO of Electrical Solutions and Automation at Siemens AG, Andreas Matthe, CEO…
Israel escalates aggression in West Bank, Gaza
The Ministry of Health in Gaza reported that Israeli occupation forces have committed five massacres against civilians in the Gaza Strip over the past 48 hours. Hospitals have received 89…
Egyptian banking sector records $13.25bn NFA surplus in July, marking continued growth
The Central Bank of Egypt (CBE) announced that the net foreign assets (NFA) of the Egyptian banking sector achieved a surplus of $13.25bn (EGP 644.764bn) in July 2024. This marks…
