Brevan Development opens second phase of Lake House, targets over EGP 1bn in sales
Brevan Development has obtained ministerial approval for its Lake House residential project in Obour City, marking a key regulatory milestone as the company launches the project's second phase, targeting sales…
TITAN Egypt inaugurates €10m export silos in Alexandria, ships first cement cargo to US
TITAN Egypt has inaugurated two new export silos at its Alexandria plant following a €10m investment aimed at expanding its export capabilities. The company also announced the departure of its…
Imarrae secures all regulatory approvals for KIN project, paving way for construction
Imarrae has announced that it has secured all regulatory approvals and licences for its flagship residential development, KIN. The company has obtained master plan approval, a ministerial decree, building permits,…
Hospitality investment needs greater backing from financial institutions, investment funds: Stakeholders
Industry leaders highlighted the need for stronger investment, regulatory reforms, and sustainable demand to support Egypt's real estate, tourism, and investment sectors during the eighth edition of the Decision Makers…
Gold down EGP 985 in June as local market tracks global decline more closely: Marsad Al Dahab
Gold prices in Egypt continued their downward trend throughout June, with 21-karat gold losing EGP 985 per gram since the beginning of the month, according to the latest weekly report…
Norway’s Scatec eyes $5bn investment to boost Egypt’s green economy
Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, met with senior executives of Norwegian renewable energy company Scatec to discuss expansion plans worth $5bn in renewable energy, desalination, and…
CBE defines responsibilities of banks’ anti-fraud departments
The Central Bank of Egypt (CBE) has issued new guidance clarifying the responsibilities of banks' anti-fraud departments, supplementing the instructions issued on 2 April 2026 regarding the establishment of specialised…
Egypt advances local production of smart lighting, green energy solutions
Egypt’s Minister of Industry, Khaled Hashem, met with representatives of GILA Al Tawakol Electric, led by Chairperson Sherif Abdel Fattah, to review the company’s expansion plans in smart lighting and…
Origin Technology summit showcases supply chain digitalization
Origin Technology concluded its 2026 Regional Summit in Cairo, convening government officials, industry leaders, and technology specialists to discuss advances in supply chain digitalization, track and trace systems, and industrial automation. Held…
Egypt, Gulf states condemn Iranian drone attacks on Bahrain
Regional tensions escalated on Saturday after Bahrain accused Iran of launching drone attacks against its territory, prompting widespread condemnation from Gulf states and raising fresh concerns over the implementation of…
