Qatari Diar Egypt unveils SOM-designed master plan for $29.7bn Alam Al Roum development
Qatari Diar Egypt has unveiled the master plan for its flagship Alam Al Roum development on Egypt’s North Coast, designed by global architecture and urban planning firm Skidmore, Owings &…
Aknan Developments launches TEKVERA New Cairo, targets EGP 5bn in new projects
Aknan Developments has announced the launch of TEKVERA, a commercial project dedicated to technology-related businesses in New Cairo, as part of its strategy to expand its portfolio of specialized commercial…
Lawmaker calls for independent real estate regulator instead of developers’ federation
An Egyptian lawmaker has called for the establishment of an independent real estate regulatory authority reporting directly to the Prime Minister, arguing that the country's rapidly expanding property market requires…
‘Yalla Sahel’ unites real estate, tourism sectors to transform North Coast into year-round global destination
Egypt's leading real estate developers, tourism stakeholders and government entities have joined forces under the “Yalla Sahel” initiative, an unprecedented collaboration aimed at repositioning the country's North Coast as an…
Bank ABC joins consortium providing $550m financing for Cheiron’s Egyptian oil fields
Bank ABC has joined a nine-bank consortium to provide a $550m multi-facility syndicated loan to Cheiron Finance Limited to fund oil and gas development in Egypt, the lender announced. The…
Egypt and Eritrea oppose unlawful non-littoral security arrangements in Red Sea
Egypt and Eritrea on Sunday completely rejected any attempts by non-littoral parties to enforce maritime access or impose security arrangements in the Red Sea in violation of international law. The…
Queen’s scent keeps naked mole-rat colonies peaceful, infertile, study finds
Deep beneath the ground, a naked mole-rat queen rules without a crown. Scientists have now discovered that part of her authority may be carried through a chemical scent that keeps…
Egypt condemns Iranian strikes on Arab states as regional conflict escalates
Egypt strongly condemned Iranian attacks targeting Kuwait, Bahrain and Oman, including strikes on civilian facilities and critical infrastructure, describing them as flagrant violations of the sovereignty of Arab states and…
Egypt, Tanzania sign cooperation deals, advance plans for shipping corridor, agricultural project
Egyptian President Abdel Fattah Al-Sisi and Tanzanian President Samia Suluhu Hassan discussed plans to launch a large-scale agricultural land reclamation project, establish a new maritime shipping route, and expand cooperation…
Egypt’s annual urban inflation eases to 14.3% in June as food prices slow: CBE
Egypt's annual urban headline inflation eased to 14.3% in June 2026, down from 14.6% in May, as a sharp slowdown in food inflation offset continued increases in non-food prices, according…