Electricity minister discusses expanding renewable energy cooperation with UK
Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with Mark Bryson-Richardson, the UK Ambassador to Egypt, and his accompanying delegation to discuss ways of strengthening bilateral cooperation, expanding joint…
Capital gains on EGX-listed securities exempt from income tax, subject only to proportional stamp duty: ETA chief
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), said that, as part of close coordination between the Ministry of Finance, the Egyptian Tax Authority and the Financial Regulatory…
FRA launches readiness programme to prepare state-owned companies for public offerings
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has launched a training programme designed to prepare state-owned companies provisionally listed on the Egyptian Exchange (EGX) for public offerings. The…
Misr Life Insurance listing on EGX to be completed before 2026-end: Investment minister
Mohamed Farid, Minister of Investment and Foreign Trade, said the government is continuing preparations for the initial public offering (IPO) of Misr Life Insurance, with investor negotiations, valuation work and…
Alhejaz Gardens targets EGP 15bn sales, unveils two new projects
Alhejaz Gardens Real Estate is preparing to launch two new developments while targeting EGP 15bn in sales over the next year. The company said its upcoming pipeline includes Lamar, a…
Al Waheed Developments launches EGP 3bn ZAHA Residence in West Cairo
Al Waheed Developments has launched its latest residential project, ZAHA Residence, in 6th of October City, West Cairo, with total planned investments of approximately EGP 3bn. Waheed Othman, Chairperson of Al Waheed…
AIG eyes New Capital expansion, plans new projects
Aliaa Investments Global (AIG) is considering new real estate projects in the New Administrative Capital as it advances work on its AI Tower and seeks to expand operations in Egypt.…
JORA Developments begins construction of iXORA Residence, launches third phase
JORA Developments has begun construction of its iXORA Residence project in October Gardens, while also launching the third phase of the residential development. Atef Morsi, Chairperson of JORA Developments, said…
Osool Developments launches 40-feddan Sayf Resort in North Coast
Osool Developments has launched Sayf Resort, a new mixed-use coastal development in Sidi Abdel Rahman on Egypt’s North Coast. The project is being developed on a 40-feddan site under Ministerial…
NBE partners with Ramtan Developments to market ready-to-move homes in New Capital
The National Bank of Egypt (NBE), through its Investment Trustees Department, has signed an agreement with Ramtan Developments to market fully finished residential units in one of the developer’s projects…