Accor, Margins Developments to launch Novotel hotel, branded residences in New Cairo
Global hospitality group Accor and Margins Developments have signed an agreement to develop a Novotel hotel and Novotel-branded residences at the LUSAIL Residence project in New Cairo's Sixth Settlement, marking…
Jotun Egypt invests over $100m in new plant, expands exports and launches local fire protection manufacturing
Ibrahim El Shamy, Managing Director of Jotun Egypt, said the company has invested more than $100m in its new manufacturing facility in 10th of Ramadan City over the past three…
India’s Jai Dadi Group launches $16m Nile Ferro Alloys plant in Sinai’s Technology Valley
Walid Gamal El Din, Chairperson of the Suez Canal Economic Zone (SCZONE), laid the foundation stone for the Nile Ferro Alloys plant, a major investment by India’s Jai Dadi Group…
Egyptian president swears in new heads of top judicial and legal authorities
Egyptian President Abdel Fattah Al-Sisi swore in four new heads of the country's top judicial and legal authorities on Tuesday, reaffirming the state's commitment to supporting the independence of the…
Electricity, petroleum ministers review plans to meet peak summer power demand
Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with Karim Badawi, Minister of Petroleum and Mineral Resources, to review the joint action plan as part of ongoing preparations to…
Qatar denies hosting US-Iran talks as diplomacy enters technical phase
Qatar on Tuesday denied hosting a new round of high-level talks between the United States and Iran, despite conflicting statements from Washington and Tehran, as regional and international efforts continued…
IDA reclaims industrial land, factory units from non-compliant investors
Egypt's joint committee, led by the Industrial Development Authority (IDA) in coordination with land-owning authorities and law enforcement agencies, continued its large-scale enforcement campaign for the second consecutive day, reclaiming…
Al Ahly Pharos completes EGP 744m securitised bond issuance for Valu
Al Ahly Pharos Investment Banking, the investment banking arm of the National Bank of Egypt (NBE), has announced the successful completion of the third issuance under the eighth securitisation programme…
CIB partners with IE University to strengthen leadership development in Egypt
Commercial International Bank Egypt (CIB), Egypt's largest private-sector bank, has signed a strategic partnership with IE University to advance leadership development, executive education, and professional growth in Egypt. The agreement…
Egypt launches first national rare diseases forum, unveils expanded patient support measures
Egypt has announced a series of measures to strengthen care for patients living with rare diseases, including expanding early screening programmes, establishing a national patient registry, and creating a dedicated…