Sea View partners with AHS to manage Sahl Hasheesh hotel
Sea View Development has signed a management and operation agreement with Absolute Hotel Services – Middle East & Africa (AHS), the regional operator of the U Hotels & Resorts brand,…
Al Brolosy Development collaborates with Saudi Arabia’s BAAN Holding to operate new Mansoura hotel
Al Brolosy Development has signed an agreement with Saudi Arabia’s BAAN Holding to provide hotel management, operational, and technical services for the hospitality component of its Sana Towers project in…
TMG Holding posts EGP 219.1bn in H1 2026 sales
Talaat Moustafa Group Holding (TMG) announced strong sales performance in the first half (H1) of 2026, underscoring sustained demand across its diversified portfolio of integrated communities and mixed-use developments in…
Egypt’s property registration rate remains below 10% despite major digital ID rollout: World Bank
Egypt has issued nearly 30 million National Property Identification Numbers as part of its nationwide digital property inventory, yet less than 10% of the country's real estate assets are formally…
Egypt’s developers leverage Hollywood icons to attract international property investors
The growing use of Hollywood celebrities and internationally recognized personalities in Egypt's real estate campaigns is no longer a branding exercise. Industry experts say it has evolved into a strategic…
Temporary tax card to be issued for 8 months to facilitate business establishment, licensing procedures: ETA CEO
In line with the Ministry of Finance's efforts to remove procedural obstacles and facilitate company establishment, Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that amendments to…
Banks operating in Egypt post EGP 218.4bn in net profits in Q1 2026
Banks operating in Egypt recorded combined net profits of EGP 218.410bn during the first quarter (Q1) of 2026, according to a report published on Sunday by the Central Bank of…
Egypt’s digital exports to gain $34m annually from new Coca-Cola HBC facility
Coca-Cola HBC plans to invest an additional $1.28bn in Egypt by 2030 and has inaugurated a new digital centre in Cairo expected to add $34m annually to the country's digital…
Egypt, EY MENA partner to establish regional consulting, IT outsourcing hub, creating 1,000 jobs
Egypt's Ministry of Communications and Information Technology and EY Middle East and North Africa (EY MENA) have signed a memorandum of understanding (MoU) to establish a regional consulting and IT…
CBE issues new rules governing banks’ investments in corporate, securitisation bonds
The Central Bank of Egypt (CBE) has introduced a new package of supervisory regulations governing banks' investments in corporate bonds and securitisation bonds, as part of its ongoing efforts to…