Non-banking financing reaches EGP 718bn in 10M 2024
Recent data from the Financial Regulatory Authority (FRA) reveals that non-banking financing activities in Egypt have reached EGP 718bn in the first 10 months of 2024. This figure encompasses financing…
Egypt launches E-Voting, performance monitoring programmes to accelerate digital transformation
Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, participated in the launch of two pivotal initiatives aimed at boosting the country’s digital transformation: the e-voting project and…
Egyptian PM reviews new Sphinx City development plans
Egyptian Prime Minister Mostafa Madbouly met on Sunday to discuss the progress of development plans for New Sphinx City. Minister of Housing, Utilities, and Urban Communities, Sherif El-Sherbiny, and Ahmed…
UNDP reaffirms strategic partnership with MSMEDA in 2025
Bassel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Authority (MSMEDA), emphasized the organization's commitment to continuing collaboration with development partners to share expertise and international best practices…
Afroplast Exhibition to showcase plastics industry technologies in Cairo
The "Afroplast" exhibition, an international trade fair for the plastics, rubber, and non-woven industries, will take place from 16 to 19 January 2025, at the Cairo International Conference and Exhibition…
Sunday marks crucial turning point in Gaza ceasefire talks: Palestinian source
A Palestinian source familiar with the ongoing Gaza ceasefire negotiations stated that Sunday was a crucial day in determining the outcome of indirect negotiations between Hamas and Israel. The source,…
Egypt targets mining sector contribution of 5-6% of GDP
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi announced the resumption of development activities at the Zohr gas field, which will include drilling two developmental wells during January. The…
Al-Sisi reviews progress on transport projects, industrial localization
President Abdel Fattah Al-Sisi held a meeting on Sunday with Prime Minister Mostafa Madbouly, Deputy Prime Minister for Industrial Development and Minister of Transport and Industry Kamel El-Wazir, and Amir…
Squares Developments to enter Egyptian Market in 2025 with EGP 50bn investment plan
Squares Developments has officially launched its operations in the Egyptian market, unveiling an ambitious investment strategy that aims to reach EGP 50bn over the next year. The company plans to…
Nawy acquires ROA to launch Nawy Unlocked, revolutionizing property monetization for owners
Nawy, Egypt's leading proptech platform transforming real estate buying, selling, and investment, has announced its acquisition of ROA, a company renowned for its innovative property management solutions. This strategic acquisition…
