Golden Land Development launches EGP 5bn Naseem residential compound in Sheikh Zayed
Golden Land Development has launched its first residential project, the Naseem compound, in the Green Revolution area of Sheikh Zayed City, with total investments estimated at EGP 5bn. The project…
Egypt’s SOKNA turns to private-sector solutions to ease cemetery shortages amid rising demand
Egypt’s private funeral and burial services sector is stepping in to address a growing challenge: an acute shortage of cemeteries in major urban centres. SOKNA, Egypt’s first company to provide…
Madbouly outlines new legislative framework to regulate Egypt’s real estate market
Prime Minister Mostafa Madbouly said the government is working on a new legislative and institutional framework to better regulate Egypt’s real estate market, with the aim of enforcing market discipline,…
Egypt to automatically enrol cash support beneficiaries in comprehensive health insurance
Egypt will automatically register all citizens currently enrolled in state-approved cash and social support programmes, such as Takaful and Karama, into the country’s comprehensive health insurance system, Prime Minister Mostafa…
Egypt’s food industry exports exceed $6.3bn in 11M 2025
Egypt’s food industries sector recorded its strongest performance to date during the first eleven months of 2025, with export revenues exceeding $6.339bn, up from around $5.632bn in the same period of…
Local Development Minister reviews Aswan’s EGP 52.3m waste projects, Haya Karima progress
Egypt has invested EGP 52.3m to develop the solid waste management system in Aswan governorate, Minister of Local Development and Acting Minister of Environment Manal Awad announced on Sunday. The…
Three killed in Syria’s coastal region amid Alawite protests for self-determination
The Syrian army deployed armoured vehicles and tanks to coastal cities on Sunday after protests demanding self-determination turned violent, leaving at least three people dead and 60 others injured in…
CBE’s 1% rate cut eases financing costs, boosts industry, market confidence
The Central Bank of Egypt (CBE) announced a 1% cut in its key interest rates last Thursday, marking a significant step towards easing monetary conditions and supporting economic activity amid…
FRA issues model policy for Real Estate Title Insurance in Egypt
The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has announced the issuance of a model insurance policy for Real Estate Title Insurance, enabling insurance companies to provide coverage to…
Egypt targets 80% debt-to-GDP ratio by June 2026 as external debt falls $4bn
Egypt aims to reduce its budget debt-to-GDP ratio to 80% by the end of June, Finance Minister Ahmed Kouchouk said on Saturday, as the government continues a fiscal discipline path…