Hassan Allam launches Jinet Agriculture, expands agricultural portfolio
Hassan Allam Holding has announced the launch of Jinet Agriculture Corporation, a new subsidiary dedicated to enhancing agricultural productivity and sustainability. As part of this initiative, Jinet Agriculture has acquired…
Foreign asset surplus in Egypt’s banking sector reaches $5.2bn in 2024
The Central Bank of Egypt (CBE) reported that the net foreign assets of the Egyptian banking sector recorded a surplus of $5.224bn (EGP 265.898bn) in December 2024, down from $5.95bn…
Investment Minister visits Spain to strengthen economic ties
Minister of Investment and Foreign Trade Hassan El-Khatib arrived in Madrid on Sunday for a high-level visit aimed at deepening economic relations between Egypt and Spain. During his trip, he…
Prime Minister reviews Ras El-Hekma masterplan with Modon Holding Leadership
Prime Minister Mostafa Madbouly met on Sunday with Jassem Mohamed Bu Ataba Al Zaabi, Chairperson of Modon Holding, and Bill O’Regan, Group CEO of Modon Holding, to discuss the latest…
Egypt raises minimum wage for private sector EGP 7,000
Egypt's private sector minimum wage will rise to EGP 7,000 from EGP 6,000, effective 1 March 2025. The National Wages Council also introduced a minimum EGP 250 periodic bonus and…
Deputy PM emphasizes public-private collaboration in strengthening health system
Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of Health and Population, highlighted the importance of strategic cooperation between the public and private sectors in advancing Egypt’s…
Israel withdraws from Netzarim Corridor as Cairo prepares Arab summit on Gaza
Israeli forces have fully withdrawn from the Netzarim Corridor southeast of Gaza City, marking the 22nd day of the ceasefire. Despite the pullout, Israeli occupation forces killed three Palestinians on…
Olive Tree Development advances New Capital projects, begins unit deliveries
As part of its expansion strategy in Egypt’s real estate market, Olive Tree Development has made significant strides in delivering its projects in the New Administrative Capital. Backed by over…
Egypt allocates over EGP 51bn to enhance healthcare facilities in 6 governorates
At the annual forum of the Universal Health Insurance Authority in the New Administrative Capital, Prime Minister Mostafa Madbouly underscored Egypt’s commitment to advancing healthcare. Madbouly highlighted that the comprehensive…
Moharram & Partners Expands in the Gulf with New Dubai Office, Appoints Mohammed Agrabawi as Managing Partner
Moharram & Partners has announced a major expansion in the Gulf region with the opening of a new office in Dubai Silicon Oasis and the appointment of Mohammed Agrabawi as…
