Town Writers Developments to invest EGP 1.2bn in 2026 construction plans
Town Writers Developments is set to invest EGP 1.2bn in construction works across its ongoing and upcoming projects in 2026, according to Omar El Saadawy, Founder and Chairperson of the…
Madinet Masr in talks for three land plots in Riyadh as part of Saudi expansion
Abdallah Sallam, CEO and Managing Director of Madinet Masr for Housing and Development, announced that the company is negotiating the acquisition of three land plots in Riyadh, Saudi Arabia, ranging…
Real Estate Developers urge flexible land pricing, streamlined licensing, and dollar-based transactions
The Association of Real Estate Developers (arD) convened this week to address the mounting challenges facing Egypt’s property market, underscoring the need for urgent regulatory reforms and greater flexibility to…
Egypt’s PM tells Palestinian PM that Rafah crossing is working 24/7 for aid
Egyptian Prime Minister Mostafa Madbouly on Sunday stressed that Egypt would continue to provide all necessary support to the Gaza Strip through the Rafah crossing, which he said is operating…
Egypt, Japan discuss economic ties, preparations for TICAD conference
Egyptian and Japanese officials have discussed strengthening their economic relations and preparations for the upcoming Tokyo International Conference on African Development (TICAD), Egypt's planning ministry said. Minister of Planning, Economic…
Egypt’s PM directs governors to form committees for ‘old rent’ law survey
Egyptian Prime Minister Mostafa Madbouly on Saturday directed provincial governors to immediately begin forming committees to survey properties subject to the country's "old rent" law, as a first step towards…
Egypt achieves record primary budget surplus of EGP 629bn despite sharp fall in Suez Canal revenues
Egypt recorded its highest-ever primary budget surplus in fiscal year 2024/2025, reaching EGP 629bn ($13.2bn), equivalent to 3.6% of GDP, the presidency announced on Saturday. The figure represents an 80%…
Egypt recovers collection of ancient artefacts from Netherlands
Egypt has received a collection of rare artefacts from the Netherlands, dating back to different eras of ancient Egyptian civilisation, as part of ongoing international cooperation to combat the illicit…
Escalation in Gaza, West Bank as Israeli strikes continue amid mounting international criticism
The armed wings of Palestine’s Hamas and Islamic Jihad movements said on Saturday they had shelled Israeli military command posts in the Gaza Strip, as tensions on the ground escalated…
Egypt lands Coral Bridge submarine cable, establishing first direct digital link with Jordan in 25 years
Egypt’s Minister of Communications and Information Technology Amr Talaat met on Saturday with Jordan’s Minister of Digital Economy and Entrepreneurship Sami Smeirat and South Sinai Governor Khaled Mubarak, via video…