Egypt approves TMG’s 506-acre ‘The Spine’ investment zone in New Cairo
Egypt’s Cabinet has approved the establishment of a special investment zone, The Spine, within the Madinaty development in New Cairo, paving the way for one of the country’s largest mixed-use…
Egypt Prime Minister details response to Damietta port drone attack, confirms energy supplies unaffected
Egypt Prime Minister Mostafa Madbouly said the state successfully contained a drone-induced fire aboard a regasification vessel at Damietta port, confirming that energy supplies remain unaffected and strategic alternatives have…
Drone caused fire on two ships at Egypt’s Damietta port, cabinet says
Preliminary investigations have revealed that a drone caused a fire on two ships at Egypt's Damietta port on July 29, the Egyptian cabinet said. No group has yet claimed responsibility…
Investment minister launches ‘Egypt Exports’ initiative to expand exporter base
Minister of Investment and Foreign Trade Mohamed Farid launched the “Egypt Exports” initiative at Tanta University in Gharbeya during a major event held under the patronage of Prime Minister Mostafa…
Egypt condemns attacks on Arab states as US-Saudi strikes target Iran-backed groups in Iraq
Egypt on Wednesday strongly condemned attacks on oil facilities in eastern Saudi Arabia and missile strikes targeting Jordan, describing them as unacceptable assaults on state sovereignty and civilian infrastructure that…
FRA authorises syndicated mortgage financing to support high-value property purchases
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has authorised mortgage finance companies to provide financing through a syndicated financing model, allowing multiple lenders to jointly finance customers purchasing…
GAFI, DP World discuss expansion plans, new investment opportunities in Egypt
Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), met with a delegation from DP World to discuss the company's plans to expand its operations in…
Egypt invites Indian manufacturers to establish production, export hubs
Egypt is seeking to deepen industrial cooperation with India by attracting more Indian manufacturers and industrial developers to invest in the country, Minister of Industry Khaled Hashem said during a…
Local development, industry ministers discuss support for Upper Egypt Development projects
Egyptian Minister of Local Development and Environment Manal Awad and Minister of Industry Khaled Hashem held a meeting with Amr Abdel Moneim, Chairperson of the Upper Egypt Development Authority, to…
Egypt showcases integrated water management strategy at Japan forum
Egyptian Minister of Water Resources and Irrigation Hani Sewilam presented Egypt's integrated water management strategy during a high-level session marking the 50th anniversary of Japan's Water Day and Water Week,…