Egypt to begin gas production from two new wells in February 2025
The Ministry of Petroleum and Mineral Resources has announced the successful completion of drilling operations for two new wells at the Raven gas field in the Mediterranean Sea by BP.…
Upper Egypt receives 68% of Decent Life’s first-phase allocations: Al-Mashat
Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat recently met with Amal Ammar, Head of the National Council for Women (NCW), to discuss their joint efforts in advancing…
African groups condemn Macron’s remarks on French military role
A coalition of progressive and national forces in Africa has issued a joint statement strongly condemning recent remarks by French President Emmanuel Macron, in which he asserted that the French…
Riyadh Summit discusses Syria’s future, Egypt stresses unity, counter-terrorism efforts
In a significant meeting held in Riyadh on Sunday, regional officials gathered to discuss Syria’s future, focusing on stability and the post-Bashar al-Assad era. The meeting, which brought together foreign…
IMS, Winvestor, and El Nasr Housing unveil Capella Residence in Maadi with EGP 1.1bn investment
IMS Developments and Winvestor Development, in collaboration with El Nasr Housing and Development—a subsidiary of the Holding Company for Construction and Development, under Egypt’s Ministry of Public Business Sector—have announced…
Bonyan expands portfolio with acquisition of Grade A office building in New Cairo
Bonyan for Development and Trade, a leading independent real estate investment company, has successfully acquired an 8,178 sqm Grade A office building at Park Street Edition in New Cairo. The…
Egypt’s Housing Minister engages with Al Hokair to explore investment opportunities in new cities
Sherif El-Sherbiny, Egypt’s Minister of Housing, Utilities, and Urban Communities, met with representatives from Abdul Mohsen Al Hokair Holding Group, a leading player in real estate, entertainment, tourism, hospitality, retail,…
Developing Tourism in Egypt: A Prescription for Existing Problems
Tourism in Egypt is a crucial economic sector that significantly supports the national economy. With its rich history and unique monuments, Egypt has become a favorite destination for millions of…
Communications Ministry aims to increase innovation hubs to 27 nationwide in 2025
Amr Talaat, the Minister of Communications and Information Technology, presented Egypt's Digital Strategy vision during a tour of the Creativa Innovation Hub in Giza, which was led by Prime Minister…
Wood manufacturers call for reassessment of industrial land prices, VAT policies
The Federation of Egyptian Industries (FEI) has called for the stabilization of gas and electricity prices for factories, as industry leaders propose several key measures to advance Egypt's wood and…
