Government considers legalizing factories built on non-industrial land before October 2023
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, announced that a study will be conducted to legalize factories built on non-industrial land prior to…
HPD Developments debuts in Egypt with EGP 8bn investment plan
HPD Developments has officially launched in partnership with Saudi Arabia’s Zamil Group. Leveraging over 20 years of experience, the company aims to redefine real estate with an ambitious vision, rooted…
Siac Developments initiates Rewaya in Sheikh Zayed with EGP 4bn investments
Siac Developments, a subsidiary of SIAC Holding—renowned for its expertise in construction, residential and industrial developments, and building materials—has unveiled its latest project, Rewaya, in Sheikh Zayed City. The 17-feddan…
Rock Developments launches with EGP 10bn investments
Rock Developments officially launched last week as the real estate arm of El Batal for Investment, with a capital of EGP 6bn and investments totaling EGP 10bn. The company operates…
Q Developments to introduce two new projects with EGP 11bn investments in 2025
Egyptian real estate developer Q Developments has announced plans to launch two new projects next year, with a total investment of EGP 11bn as part of its strategy to expand…
Israel intensifies attacks on Gaza, Lebanon
The Gaza War entered its 414th day, with bombing rates remaining consistent with the early stages of the conflict, particularly in the northern and central areas of the Strip. Israeli…
Gold prices surge 6% in one week amid increasing demand for safe havens
Global gold prices experienced a significant surge last week, marking their best weekly performance in 20 months. The rise was driven by increased demand for safe-haven assets amid the ongoing…
NARSS, GIZ discuss research cooperation projects
Islam Abu El-Magd, head of the National Authority for Remote Sensing and Space Sciences (NARSS), hosted a scientific meeting with Stefan Schmid, director of the Agricultural Innovation Project at the…
Deputy PM highlights cooperation, investments at Egyptian-Sudanese Business Forum
The first Egyptian-Sudanese Business Forum, held on Saturday, focused on strengthening economic cooperation between the two nations. Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel…
Al-Sisi discusses regional updates, economic situation with WEF chief
Egyptian President Abdel Fattah Al-Sisi met with Borge Brende, President of the World Economic Forum (WEF), and his accompanying delegation on Saturday to discuss regional developments and economic issues. The…
