FRA-supervised entities offer EGP 51.5bn finance until August 2024
The Financial Regulatory Authority (FRA) has revealed that the organizations subject to its supervision, including capital market and non-banking financing entities, had injected financing worth EGP 51.5bn until August 2024.…
Food Industries Chamber discusses challenges in meat, poultry processing sector
Egypt's Chamber of Food Industries held a regular meeting for the meat and poultry processing division to discuss the challenges facing the sector and to study the issuance of standard…
MSMEDA injects EGP 25.6bn into Upper Egypt projects over 10 years
Egypt’s Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has provided EGP 25.6bn in funding to projects in Upper Egypt over the past 10 years, including EGP 1.7bn to Aswan…
Madbouly reviews progress of “Housing for All Egyptians” initiative
Egypt’s Prime Minister Mostafa Madbouly on Sunday reviewed the implementation status of the “Housing for All Egyptians” presidential initiative during a meeting with several government officials. The meeting was attended…
Homebuyers favour areas with market, transport access: Aqarmap
The latest annual report from Aqarmap, a real estate search engine, reveals a growing trend in the real estate market in 2024. Homebuyers favour areas that offer commercial markets and…
Everest Development launches EGP 11bn strategic growth plan
Everest Development Group (EDG) has unveiled its ambitious new strategic plan, aiming for growth and innovation within the real estate sector. The plan underscores EDG’s commitment to excelling in the…
EBNY Developments delivers Greene Avenue in New Sohag
EBNY Developments celebrated the delivery of its first project in New Sohag, Greene Avenue, a residential compound spanning 20 feddans in one of the city's prime areas. Chairperson of EBNY…
Margins Developments launches Sheraton Residence with EGP 15bn investment
Chairperson of Margins Developments Mohamed El Aasar stated that Sheraton Residence is the first residential hotel resort bearing the Sheraton hotel brand in Mostakbal City, New Cairo. El Aasar said…
Egypt, Malaysia agree to strengthen ties, aim for strategic partnership
Egypt and Malaysia have agreed to elevate their bilateral relations to a strategic partnership in the near future, as Malaysian Prime Minister Anwar Ibrahim concluded his official visit to Egypt…
Abdelatty calls for Gaza ceasefire, condemns Israeli actions at Arab-Islamic summit preparatory ministerial meeting
Egypt’s Foreign Minister Badr Abdelatty on Sunday called for an immediate ceasefire in the ongoing conflict in Gaza and condemned Israeli aggression during a preparatory ministerial meeting for an extraordinary…