Special Group partners with Mint Real Estate to elevate asset management for New Capital project
Special Group for Trade and Investment has entered a strategic partnership with Mint Real Estate Asset Management, a subsidiary of Al Ahly Sabbour, to oversee the full scope of asset…
Egypt achieves EGP 330bn primary surplus in H1 2024/25, reflecting strong financial performance
Egypt has recorded a primary surplus of EGP 330bn for the first half (H1) of the fiscal year 2024/25, marking its highest surplus to date, according to Minister of Finance…
Food sector exports surpass $10bn in 2024, achieving record growth
At the 2024 General Assembly meeting of the Chamber of Food Industries, Chairperson Ashraf El Gazayerli announced that the food sector achieved a remarkable 21% increase in exports last year,…
HDP Signs Contract with Consolidated Contractors Company (CCC) to Develop SQ1 in New Cairo with EGP 1.7bn Investment
Housing and Development Properties (HDP), the real estate arm of the Housing and Development Bank, has signed a construction contract with Consolidated Contractors Company (CCC) to carry out the construction…
Egypt launches EGP 4bn initiative to support 10 million families on ration cards
Ahmed Kouchouk, Minister of Finance, and Sherif Farouk, Minister of Supply and Internal Trade, have reviewed the progress of implementing the presidential directive designed to provide additional financial support to…
FRA approves fintech integration for 8 non-banking financial, brokerage firms
The Financial Regulatory Authority’s (FRA) fintech committee has approved the integration of financial technology into the operations of three brokerage firms, marking a significant milestone for Egypt’s non-banking financial sector.…
Opinion | Syria after Constitutional Declaration
The draft of Syria’s temporary constitutional declaration, recently signed by interim President Ahmed Al-Sharaa, has sparked widespread debate among the nation’s political and social factions. The provisions of this constitution…
Over 400 Palestinians killed in Israel’s Gaza airstrikes, Egypt condemns ceasefire violations
At least 400 Palestinians, mostly women and children, were killed in a series of Israeli airstrikes early Tuesday across various parts of Gaza. This followed an announcement from Israeli Prime…
Egypt’s Al-Sisi, Kuwait’s Amir condemn Gaza hostilities, call for two-state solution
Egypt's President Abdel Fattah Al-Sisi and Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, the Amir of Kuwait, spoke by phone on Tuesday, during which they jointly condemned Israel's renewed actions in the…
Armenia denies ceasefire violations, calls for Azerbaijan peace talks
Armenia has denied allegations from Azerbaijan regarding ceasefire violations along their shared border and reiterated its call for a joint mechanism to investigate such claims. This follows Egypt's welcoming of…