Egypt’s Rostom, World Bank finalise innovative financing solutions for infrastructure projects
Egypt is preparing to launch innovative financing solutions for its infrastructure projects following advanced consultations with the World Bank, Minister of Planning and Economic Development Ahmed Rostom announced during high-level…
GOEIC, Property Finder sign agreement to support real estate brokerage regulation
Property Finder Egypt has signed a cooperation protocol with the General Organization for Export and Import Control (GOEIC) to support the licensing and qualification of real estate brokers, ahead of…
Gates Developments signs MoU with Siemens to explore smart infrastructure solutions
Gates Developments has signed a memorandum of understanding (MoU) with Siemens Egypt to explore the deployment of smart infrastructure and advanced electrical systems across the company’s current and future real…
Qontrac signs construction agreement for BEMA Mall in New Capital
Qontrac has signed a memorandum of understanding (MoU) with United Egyptian Construction to carry out construction works for its BEMA Mall project in Egypt’s New Capital. The agreement is part…
Egypt’s balance of payments deficit narrows 2.9% to $1.8bn in July-March FY2025/26: CBE
Egypt's overall balance of payments (BoP) deficit narrowed by 2.9% to $1.8bn during the first nine months of fiscal year (FY) 2025/26, compared with $1.9bn in the same period a…
Afreximbank, IBDL Learning Group partner to strengthen Africa’s trade skills, professional education
The African Export-Import Bank (Afreximbank) has signed a memorandum of understanding (MoU) with IBDL Learning Group to develop training and professional education programmes aimed at strengthening trade-related skills, building institutional…
Remaining payments due to sugar cane farmers to be completed next week: Supply minister
Minister of Supply and Internal Trade Sherif Farouk announced that the remaining payments due to sugar cane farmers will be disbursed next week, reaffirming the ministry's commitment to meeting its…
Egypt reviews Nile Basin cooperation projects, highlights $100m financing mechanism for regional development
Egypt has reviewed the implementation of water cooperation projects with several Nile Basin countries and reaffirmed its commitment to supporting regional development through a $100m financing mechanism for priority projects,…
Madbouly reviews progress of Cairo Airport Terminal 4 project
Prime Minister Mostafa Madbouly reaffirmed the government's commitment to developing Egypt's civil aviation sector through the modernisation of airport infrastructure, improved passenger services, and enhanced safety and security standards, as…
New Kingdom tomb unearthed by Leiden University mission in Luxor’s West Bank
A Dutch archaeological mission from Leiden University has discovered a tomb belonging to a person named "Paser" in the lower Sheikh Abd El-Qurna area on Luxor's West Bank, which likely…