Valero Developments partners with Sabbour Consulting, DSC for CITALIA compound in New Obour

Valero Developments has announced a strategic partnership with Sabbour Consulting and Distance Studio Consultants (DSC) to oversee the design and quality supervision of its latest project, CITALIA, located in New…

Daily News Egypt

Sinai Cement achieves EGP 3bn net profit in 2024, boosts market share

Sinai Cement has reported massive growth across multiple performance metrics for 2024, achieving a net profit of EGP 3.077bn, a remarkable recovery from a net loss of EGP 121.419m in…

Daily News Egypt

Il Cazar expands with strategic land acquisitions in Sheikh Zayed, North Coast

Il Cazar has announced the acquisition of two significant land plots as part of its strategy to expand its portfolio of integrated residential and tourism projects. The company has secured…

Daily News Egypt

Madinet Masr to venture into non-residential sector with bold expansion plans

Abdallah Sallam, CEO and Managing Director of Madinet Masr for Housing and Development, revealed that the company plans to expand into the non-residential sector in the near future. This strategic…

Daily News Egypt

Egypt’s residential sector leads 2024 project awards, valued at $2.4bn: JLL

After facing a challenging beginning to 2024, Egypt is projected to see its GDP growth accelerate to 4% in 2025. This is expected to be driven by easing inflation, improved…

Daily News Egypt

Israel continues bombing Gaza amid international calls for ceasefire

Israel has continued its intensive bombing of the Gaza Strip, resuming military operations in violation of the previously established ceasefire agreement. This escalation comes as global protests continue to intensify,…

Daily News Egypt

PM Madbouly directs maximizing benefits from petroleum resources to boost national economy

Prime Minister Mostafa Madbouly held a meeting on Sunday to review key joint initiatives between the Ministry of Finance and the Ministry of Petroleum and Mineral Resources. According to Cabinet…

Daily News Egypt

LMD Completes Phase One of Business Quarter at ONE NINETY in New Cairo

Landmark Real Estate Development (LMD), a prominent name in integrated real estate development, has announced the completion of construction work for Phase One of the Business Quarter (Quarter A) at…

Daily News Egypt

Egyptian, Eritrean Foreign Ministers discuss bilateral ties and regional security

Egypt's Minister of Foreign Affairs Badr Abdelatty, met with Eritrean Foreign Minister Osman Saleh on Saturday, to discuss strengthening bilateral relations and to follow up on Abdelatty's recent visit to…

Daily News Egypt

Egypt’s FM urges de-escalation in Lebanon, Gaza, Yemen in calls with Lebanese, Iranian counterparts

Egypt's Foreign Minister and Minister of Immigration, Badr Abdelatty, held separate phone calls on Saturday, with his Lebanese counterpart, Youssef Raji, and his Iranian counterpart, Abbas Araghchi, to discuss escalating…

Daily News Egypt