Farid emphasises strengthening non-bank financial sector resilience
Egypt's Financial Regulatory Authority (FRA) Chairperson Mohamed Farid stressed the importance of bolstering the resilience of non-bank financial institutions against various shocks, calling it a key objective for all regulatory…
Egypt holds ministerial meeting to coordinate medical support for Gaza injuries
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, chaired the inaugural meeting of the Executive Committee for Receiving Palestinian Injured, aiming to enhance coordination between…
Gazans endure dire humanitarian conditions amid talks on 2nd phase of ceasefire
As the ceasefire in Gaza enters its 15th day, thousands of residents continue to endure an escalating humanitarian crisis. Tens of thousands remain without shelter or basic necessities, particularly in…
Financing costs to decline gradually as inflation eases: Finance Minister
Minister of Finance Ahmed Kouchouk has reaffirmed the government’s commitment to strengthening collaboration with the private sector to leverage its expertise in driving economic reform and growth. “Our financial priorities…
Jawad Developments unveils Hayah Residence in 6th of October City with EGP 5bn sales target
Jawad Developments has launched its latest project, Hayah Residence, in 6th of October City, West Cairo. Spanning 42,000 sqm, the development is strategically situated on Al-Wahat Road, adjacent to MSA…
Egypt Declares 2025 “Year of Umm Kulthum”
Egypt’s Ministry of Culture has declared 2025 the "Year of Umm Kulthum," launching a year-long celebration to commemorate the 50th anniversary of the legendary Egyptian singer's death. Known variously as…
Egypt, Equatorial Guinea Foreign Ministers Discuss African Peace and Security
Egyptian Foreign Minister Badr Abdelatty held a telephone conversation Sunday with Siméon Oyono Esono Angue, Equatorial Guinea's Minister of State for Foreign Affairs, International Cooperation, and the Diaspora, to discuss…
Manaj Developments, Swiss-Belhotel to launch Swiss-Belresidences Manaj in New Cairo
Egypt’s real estate company Manaj Developments has announced a partnership with global hospitality group Swiss-Belhotel International to introduce Swiss-Belresidences, a collection of 200 branded apartments within its integrated Blanks project…
Attal Properties delivers 500 units in Q4 2024, expands investment plans for 2025
Egyptian real estate developer Attal Properties delivered 500 residential units across its various projects in the fourth quarter (Q4) of 2024, in line with agreed-upon timelines with clients. The company…
Real estate developers adapt with extended instalments amid market challenges
Real estate development companies in Egypt have extended instalment periods to make property purchases more accessible amid economic pressures and financial constraints. By offering longer payment plans, developers attract more…