Qurtuba Developments launches Nuzul Tower in New Capital with EGP 3bn investments
Qurtuba Developments has announced the launch of its first project in the New Administrative Capital, Nuzul Tower, with total investments exceeding EGP 3bn. The project was unveiled during an official…
Living Yards records EGP 32bn investments, projects EGP 40bn revenues in six years
Living Yards Developments has announced that it has achieved real estate investments exceeding EGP 32bn and is projecting revenues of more than EGP 40bn within just six years, supported by…
Egypt’s real estate market faces resale slowdown amid payment pressures
Egypt’s real estate market is witnessing mounting pressures in its resale segment, as shifting economic conditions reshape investor behaviour and strain client purchasing power, according to Abd Elrahman Abozeid, Senior…
Cairo’s real estate market shows resilient growth as economy stabilizes: JLL
Egypt’s real estate market remained resilient in the second quarter (Q2) of 2025, with steady growth across key sectors driven by improving economic conditions, ongoing government initiatives, and a surge…
Egypt’s Public Enterprise Minister stresses asset optimisation, private partnerships
Egypt's Minister of Public Enterprise Sector, Mohamed El-Shimy, has stressed that the effective and optimal use of state-owned assets is a strategic priority for the ministry to maximise economic returns…
Egypt’s Petroleum Sector balanced power supply, energy needs in challenging year: Minister
Egypt's petroleum sector successfully balanced the need to maintain uninterrupted electricity supplies with providing for the country's broader energy needs during a "challenging" fiscal year (FY) 2024/25, the minister of…
Al-Mashat tells S&P that Egypt working to reduce external debt, empower private sector
Egypt is working to reduce its external debt through several measures aimed at enhancing debt sustainability, and is moving forward with steps to empower the private sector and increase local…
Madbouly follows up on plan to boost Egypt’s desalination capacity
Egyptian Prime Minister Mostafa Madbouly has reviewed the executive plan to expand the construction of seawater desalination plants, part of a long-term strategy to meet the country's growing water needs…
Public Prosecution to transfer 200kg of refined gold to CBE: Shawky
The Public Prosecution, in coordination with the Ministry of Finance, is preparing to hand over 200 kilograms of refined gold bullions to the Central Bank of Egypt (CBE), Prosecutor General…
Finance Ministry launches €10M fund to support PPP project preparation
At the official launch of a new Public-Private Partnership (PPP) project preparation mechanism, Egypt’s Minister of Finance Ahmed Kouchouk announced the establishment of a dedicated account to finance feasibility studies…