Madinet Masr unveils SAFE for fractional ownership, offering secure, seamless investment returns
Egypt’s real estate developer Madinet Masr has launched SAFE, an innovative application developed by Madinet Masr Innovation Labs. This app is set to revolutionize real estate investment by introducing a…
FRA chair explores collaboration with Turkish organizations at IOSCO meetings
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), held strategic meetings with Turkish financial organizations during the annual Emerging and Developing Markets Committee meetings of the International Organization of…
Egypt, World Bank discuss ongoing projects, focus on boosting growth
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with Stephane Guimbert, the World Bank’s Country Director for Egypt, Yemen and Djibouti, to discuss their ongoing partnership…
‘New Middle East’ Plan Underway: Israel’s Incursion Divides Region
The Middle East has experienced profound changes since the last decade, beginning with the "Arab Spring" revolutions and extending to the armed conflicts in Syria, Yemen, and Libya. Amid this…
Egypt reaffirms Red Sea access for bordering nations only, pledges support for Somali sovereignty
Egyptian Foreign Minister Badr Abdelatty stated on Monday that the Red Sea should only be accessible to nations bordering it and that no other parties should be permitted entry. The…
Egyptian Society of Real-Estate Appraisers to Hold International Conference in Cairo
The Egyptian Society of Real-Estate Appraisers (ESREA) will hold its second international conference on 18 January 2025, at the Semiramis Intercontinental Hotel in Cairo. The conference, titled "The Real Estate…
TMG sales exceed $10bn in 2024 solidifying regional real estate leadership
Talaat Moustafa Holding Group (TMG) has reported record sales for 2024, exceeding EGP 0.5trn, or approximately $10bn, by December 22. This figure marks a significant milestone for the company, solidifying…
Syria’s Al-Sharaa Vows to Centralise Weapons, Improve Ties With Lebanon
Ahmad Al-Sharaa, the leader of Syria’s ruling administration, met with Turkish Foreign Minister Hakan Fidan and Lebanese Druze leader Walid Jumblatt in Damascus on Sunday. The meetings signal a determined…
Siemens Healthineers to acquire Varian equipment sales, services in Egypt
Siemens Healthineers Egypt has finalized an agreement with IEC Medical Systems (Industry and Engineering Consultants for Medical Systems) to acquire the sales and service business of Varian equipment in Egypt.…
Unionaire launches largest home appliances factory with EGP 6bn investment
Unionaire Group, a leading home appliances manufacturer, has unveiled plans to launch a state-of-the-art factory with an investment of approximately EGP 6bn, marking a significant expansion in Egypt’s manufacturing sector.…
