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…

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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…

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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…

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Egyptian FM, Palestinian PM in Riyadh discuss ceasefire, humanitarian aid in Riyadh meeting

Egypt’s Foreign Minister Badr Abdelatty met with Palestinian Prime Minister and Foreign Minister Mohammad Mustafa, calling for an immediate ceasefire in the Gaza Strip and condemning Israeli actions against the…

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Egypt’s Foreign Minister discusses bilateral cooperation with Djibouti, Nigeria

Egypt's Foreign Minister Badr Abdelatty met with his counterparts from Djibouti and Nigeria on Sunday on the sidelines of a preparatory ministerial meeting for an extraordinary Arab-Islamic summit. Abdelatty met…

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Early signs of macroeconomic stability support Cairo’s real estate performance: JLL

Egypt’s progress toward macroeconomic stability, fuelled by substantial foreign direct investment (FDI) and the recent approval of a $820m loan from the International Monetary Fund (IMF), is creating significant growth…

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Zamil Steel marks 25 years in Egypt with 7,400 projects

Zamil Steel Holding's factories in Egypt have produced around 1.2 million tonnes of metal structures for approximately 7,400 projects, serving various industrial applications over the last 25 years. Roughly 450,000…

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MSMEDA, World Bank partner to upgrade Egyptian entrepreneurship eco-system: Rahmy

Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), emphasized enhancing Egyptian startups with both financial and technical support, by working on developing innovative ideas to…

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EBRD considers $200m debt finance for 1.1 GW Suez Wind Energy

The European Bank for Reconstruction and Development (EBRD) is considering senior debt financing of up to $200m in debt financing to support Suez Wind Energy, an Egyptian special purpose vehicle…

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FRA promotes green financing to boost investment in eco-friendly projects: Farid

Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), Vice Chair of the International Organization of Securities Commissions (IOSCO), and Chair of its Growth and Emerging Markets Committee (GEMC), began…

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