Egypt unveils EGP 30bn initiative to enhance industrial growth, equip private sector
Egypt has launched a major new initiative to support the private sector in purchasing machinery, equipment, and production lines. Announced on Sunday by Deputy Prime Minister for Industrial Development and…
Egyptian gold demand declines in Q4 2024 amid price hikes
Local demand for gold in Egypt decreased in the fourth quarter of 2024, despite stabilising prices, due to rising inflation and higher price levels, according to the Gold Bullion 2024…
Egypt provides EGP 65.6bn in micro, small loans to “Decent Life” villages: Al-Mashat
Egypt has provided EGP 65.6bn in loans for micro, small, and medium-sized enterprises to over 2.9 million beneficiaries in villages covered by the "Decent Life" presidential initiative, according to Minister…
Egypt’s 2024 real estate trends: Focus on tourism, north coast developments, and experiential retail
The Egyptian real estate market in 2024 saw significant shifts driven by investor interest in hospitality, tourism, and experiential spaces, alongside the rising appeal of the North Coast, particularly with…
Maqam Misr launches Q CLINICS medical complex in New Capital with EGP 1.2bn investment
Maqam Misr Developments has unveiled its third project in the New Administrative Capital (NAC), the Q CLINICS medical complex, with an investment of EGP 1.2bn. Al-Saeed Shaaban, Chairperson of Maqam…
Fractional real estate investment: Gateway for small investors to capitalize on profitable opportunities
Tarek Eid, CEO of the Arabian Kuwaiti Group, has emphasized the growing importance of fractional real estate investment as a key strategy for small investors looking to access the profitable…
LMD Egypt to launch New Zayed project with EGP 10bn investment
LMD Egypt is set to launch the New Zayed project in the expansions of Sheikh Zayed City, west Cairo, in the first quarter (Q1) of 2025, says the company's CEO…
Egyptian, Sudanese Foreign Ministers discuss Sudan stability, water security
Egyptian and Sudanese Foreign Ministers Badr Abdelatty and Ali Youssef Al-Sharif, respectively, met on Sunday at the Egyptian Ministry of Foreign Affairs headquarters to discuss Sudan's stability and water security,…
Jordanian Minister of Agriculture Visits Egyptian Arabian Horse Farm
Jordanian Minister of Agriculture Khaled Hneifat visited an Egyptian farm of original Arabian horses during a trip to Egypt. The visit was part of his participation in meetings of the…
CBE mandates simplified forms for banking expenses, commissions in customer contracts
The Central Bank of Egypt (CBE) has issued a directive mandating banks to include simplified forms in contracts for banking products and services. These forms, provided as appendices, will outline…
