Innovo Group to launch two real estate projects in Egypt in 2025
UK-based Innovo Group, formerly known as Al Shafar Group, is set to launch two new real estate projects in Egypt this year, according to Mohamed Gamal, Managing Director of Innovo…
Real estate developers spend over EGP 2bn on story-driven ads in Ramadan 2025
Ramadan is a season of reflection, connection, and shared rituals. Across Egypt, families come together over Iftar and Sohour, creating memories that transcend the holy month. For brands, this period…
China slams US tariffs as WTO violation, urges return to fair trade practices
The Chinese Embassy in Cairo has strongly condemned the latest round of US tariffs on imports from China and other countries, calling them a clear violation of World Trade Organization…
Egyptian Investment Minister Engages with Alexandria Business Community, Pledges Improved Export Support
ALEXANDRIA, Egypt, April 6 (Reuters) – Egyptian Minister of Investment and Foreign Trade, Hassan El-Khatib, met with members of the Alexandria Chamber of Commerce and representatives of the city’s business…
Gold markets shift to parallel dollar rate, creating EGP 60 gap between local, global prices: iSagha
Gold prices in Egypt’s local market remained stable during Saturday’s trading session, coinciding with the weekly closure of global exchanges. This steadiness followed a volatile week that saw global gold…
Egyptian Petroleum Minister Inspects Sokhna Port Liquid Bulk Terminal
Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi inspected the Sonker liquid bulk terminal at Sokhna Port on the Red Sea, as part of a visit to the petroleum…
Egypt, Turkey discuss Gaza Ceasefire efforts in phone call
Egyptian Foreign Minister Badr Abdelatty and Turkish Foreign Minister Hakan Fidan held a phone call on Saturday, April 5th, to discuss regional issues, including efforts to reinstate a ceasefire in…
Net foreign assets in Egypt’s banking sector rise by $1.5bn in February 2025
The Central Bank of Egypt (CBE) announced that net foreign assets within the Egyptian banking system rose by approximately $1.5bn during February 2025, reaching $10.17bn (equivalent to EGP 515.856bn), up…
Egypt, Seychelles deepen economic, tourism ties, sign visa waiver agreement
Egypt’s Minister of Foreign Affairs, Badr Abdelatty, met on Saturday with his Seychellois counterpart, Sylvestre Radegonde, in Cairo to explore avenues for deepening bilateral cooperation—particularly in trade, tourism, and development.…
Cairo Airport hits record high with 102,108 passengers in one day
Cairo International Airport has set a new record for daily passenger traffic, welcoming 102,108 travelers in a single day—its highest since the airport’s opening on 18 May 1963. The day…
