Gold prices surge EGP 580 in one week as supply tightens
Gold prices in Egypt’s local market rose by around EGP 580, or 9.4%, during last week’s trading, driven by a sharp rally in global bullion prices, which climbed by about…
Bold Brand rolls out AI-powered marketing services in Egypt, Saudi Arabia
Bold Brand, a digital marketing agency, has announced the launch of a comprehensive suite of artificial intelligence (AI)-powered services across the Egyptian and Saudi markets, marking a new phase in…
Home Group launches La Vida Ismailia, begins construction ahead of official rollout
Home Group Developments has launched its new residential project, La Vida Ismailia, in Ismailia city, with construction work already underway ahead of the project’s official market rollout. Anton Gamal, Chairperson…
STM, Majid Al Futtaim partner to expand Carrefour, Supeco presence
STM has signed a memorandum of understanding (MoU) with Majid Al Futtaim, the exclusive operator of the Carrefour brand in Egypt, marking a strategic move to strengthen the retail sector…
EBA explores future of fractional real estate investment, digital platforms
Fathallah Fawzy, Chairperson of the Real Estate Development and Contracting Committee at the Egyptian Businessmen’s Association (EBA), said that moving towards fractional property ownership through digital platforms and real estate…
Housing Minister moves to boost hospitality investment
Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny chaired a meeting of the Board of Directors of the Tourism Development Authority (TDA) to review ongoing work, assess the status…
US envoy Witkoff discusses phase two of Trump Gaza plan with Netanyahu
US special envoy Steve Witkoff said on Sunday that discussions with Israeli Prime Minister Benjamin Netanyahu regarding the implementation of the second phase of a 20-point plan for the Gaza…
Egypt, Tunisia, Algeria to discuss Libyan political deadlock and foreign force withdrawal
Egyptian Foreign Minister Badr Abdelatty arrived in Tunisia on Sunday to participate in a tripartite meeting with his Tunisian and Algerian counterparts focused on securing the withdrawal of foreign mercenaries…
Egypt aims to shift state role to economic regulator under new SOE law
Egypt is seeking technical cooperation with the World Bank to activate its state-owned enterprises (SOE) unit and implement new legislation designed to increase private sector participation in the economy, Minister…
Ireland’s Alex Maguire sets course record to lead MENA Tour event in Egypt’s North Coast
Irishman Alex Maguire carded a course-record nine-under-par 63 to take a three-shot lead following the opening round of the second MENA Tour event of the Egypt Golf Series 2026 on…