Egypt’s “Arab Contractors” awarded major housing contract in Equatorial Guinea
Egyptian construction giant "Arab Contractors" has secured a new contract to undertake housing projects in Equatorial Guinea, as part of the country's national plan to build 100,000 housing units. The…
FRA updates investment rules for insurance companies
The Financial Regulatory Authority (FRA), under the leadership of Mohamed Farid, has issued Decision No. 2 of 2025, introducing new investment rules and ratios for the funds of insurance and…
Sudan’s Tagaddum coalition fractures over competing visions for government
Sudan's main civilian coalition, Tagaddum, announced on Monday a formal separation between factions over the proposed formation of a parallel government. The division highlights growing rifts within the civilian bloc…
Egypt’s annual urban inflation eases to 24% in January
Annual urban inflation in Egypt slowed slightly to 24% in January 2025, down from 24.1% in December 2024, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). However,…
Environment Minister reviews World Bank projects in Greater Cairo
Egypt’s Minister of Environment, Yasmine Fouad, met with the World Bank technical mission to discuss the progress of the Greater Cairo Air Pollution and Climate Change Management Project, a $200m…
Trump reiterates remarks on systematic displacement of Gazans
As the Gaza ceasefire enters its 23rd day, concerns persist over a potential systematic displacement operation by the Israeli occupation army against the Strip’s residents, particularly following renewed statements from…
Egyptian FM discusses regional security with US think tank, senator
Egypt's Foreign Minister Badr Abdelatty visited Washington D.C. recently to discuss regional security concerns and strengthen Egyptian-American relations. During the visit, Abdelatty met with key figures, including representatives from a…
Egypt prioritises summer energy needs, efficiency improvements
Egyptian Prime Minister Mostafa Madbouly is overseeing efforts to secure the country's energy needs for the upcoming summer and improve the efficiency of electricity consumption. During a meeting held Monday,…
Amre Moussa calls for unified Arab voice amidst Gaza crisis
Amre Moussa, a venerable statesman in both Egyptian and Arab diplomacy, the Chair of the Constituent Assembly which drafted the Egyptian Constitution, Egypt's former Minister of Foreign Affairs and former…
Morshedy Group acquires iconic Zamalek Tower in EGP 2.5bn deal
Morshedy Group, led by businessman Mohamed Morshedy, has acquired the landmark Fouda Tower in Zamalek from a major state-owned bank in a deal worth EGP 2.5bn ($50m). This strategic acquisition…
