Egypt’s North Coast poised to become global leader in sustainable tourism

Egypt’s North Coast is poised to become a global leader in sustainable tourism, with the development of New Alamein City serving as a key driver, according to Mohamed Kaoud, former…

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Egypt’s Investment Minister discusses trade, investment ties with Singapore’s ambassador

Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib met with Dominic Goh, Singapore's Ambassador to Cairo, to discuss strengthening economic cooperation between the two countries. The meeting, which also…

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Egypt’s Al-Mashat meets with UN Deputy Secretary-General on sustainable development

Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with Amina J. Mohammed, Deputy Secretary-General of the United Nations and Chair of the UN Sustainable Development Group,…

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Egypt’s Emergency Labour Aid Fund increases minimum assistance to EGP 1,500

Egypt’s Minister of Labour Mohamed Gobran announced on Sunday, August 27, that the minimum emergency aid for workers whose companies face challenges will be increased from EGP 600 to EGP…

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Zaytoun Development collaborates with Inspire Management for Inizio Project in New Administrative Capital

Zaytoun Development has announced a new collaboration with Inspire Management for the management and operations of its Inizio project in Egypt’s New Administrative Capital (NAC). The collaboration comes as construction…

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Home Group Developments, Saudi Aseel Group launch EGP 1bn project in Egypt

Home Group Developments has announced the launch of its latest project, a commercial, administrative, and medical mall in Egypt, in partnership with Saudi Aseel Group. The project, with investments exceeding…

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Egyptian-Sudanese Expo explores leveraging Egypt’s property companies for Sudan reconstruction

The second edition of the Egyptian-Sudanese Expo opened in Cairo on Friday, aiming to connect Egyptian real estate developers with Sudanese investors and facilitate the reconstruction of war-torn areas in…

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ACUD records EGP 26bn in pre-tax profits for 2023

Egypt’s New Administrative Capital Urban Development (ACUD) company achieved total pre-tax profits of EGP 26bn for 2023, an increase of EGP 6bn, or 30%, compared to the previous fiscal year.…

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Egypt’s Housing Ministry approves fixed land prices, extends building licenses

Egypt's Minister of Housing, Utilities, and Urban Communities Sherif El-Shorbagy has approved several new measures aimed at supporting the real estate sector, including establishing fixed land prices and extending operating…

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French Film Legend Alain Delon Dies at 88

Delon became a symbol of French masculinity, often compared to Hollywood’s James Dean for his brooding and rebellious on-screen persona

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