UN condemns RSF attacks in Sudan’s Al Jazirah state, citing displacements
UN Secretary-General António Guterres has strongly condemned escalating attacks by the Rapid Support Forces (RSF) militia in Sudan’s Al Jazirah state, as new reports reveal over 135,000 civilians were displaced…
Siemens, Emirates Smart Solutions partner to modernize Esna Barrage, Lock in Luxor
Siemens has signed a contract with Emirates Smart Solutions (ESS), a subsidiary of Etimad Holding Group in the UAE, to renovate the Esna Barrage and Lock in Luxor. The project…
Gold prices increase by EGP 35 in Egypt amid global swings
Gold prices in local markets rose by EGP 35 over the past week, increasing by 0.9%, despite a 0.4% drop in global gold prices due to intense sell-offs triggered by…
Egypt’s education quality authority holds international conference on AI
The Seventh International Conference of the National Authority for Quality Assurance and Accreditation of Education (NAQAAE) opened Sunday in Cairo, with Higher Education and Scientific Research Minister Ayman Ashour inaugurating…
Kuwaiti Tatra Development unveils residential projects in Egypt
Tatra Development has announced its entry into the Egyptian market by launching over 15 residential projects in various locations within New Cairo. Tatra Chairperson Said Osman emphasized that the company…
Banque Misr considers launching new mortgage funds
Hassan Samir, Head of Real Estate Investment and Development at Banque Misr, has announced that the bank is considering launching new mortgage funds soon. Samir said that financing decisions are…
Zaeem Holding launches new compound in Badr City with EGP 1.2bn projected sales
Abdelrahman El Zaeem, Chairperson of Zaeem Holding, announced the launch of Lora Compound, the first smart residential project in Badr City. Covering an area of 35,000 sqm, the project includes…
Somabay eyes EGP 8.5bn in sales this year
Ibrahim El-Missiri, Somabay Group CEO, stated that the company has recorded sales of EGP 7bn so far, with expectations to reach EGP 8.5bn by the close of 2024. El-Missiri told…
Egypt’s developers propose strategic recommendations to advance real estate sector
Participants in the Decision Makers conference put forward a set of recommendations aimed at shaping the proposed visions for advancing the real estate industry through actionable steps. They agreed on…
IMF’s Georgieva praises Egypt’s reforms, flexible exchange rate
Egypt has successfully implemented a flexible exchange rate system, the International Monetary Fund's (IMF) managing director Kristalina Georgieva said Sunday, praising the efforts of the Central Bank of Egypt (CBE).…
