Egypt focuses on energy transition, expanding renewables
Mahmoud Esmat, Minister of Electricity and Renewable Energy, emphasized that providing a high-quality, reliable, and stable electricity supply is a central objective of the current work plan. This strategy involves…
Misr Real Estate Asset Management partners with Belmazad for digital auctions
Misr Real Estate Asset Management has signed a cooperation protocol with the Belmazad platform to conduct public digital auctions, becoming the first real estate company in Egypt to adopt this…
Times Developments launches 2nd phase of Avelin in New Cairo
Times Developments has announced the launch of the second phase of its residential project, Avelin, located in New Cairo near Al Rehab City. This phase features fully finished units, with…
Beta Developments unveils EGP 5bn Beta Residence in 6th of October City
Beta Developments has announced the launch of its latest project, the Beta Residence Compound, which spans over 20 feddans in the 6th of October City, located in the western part…
Margins Developments launches Lusail in New Cairo with EGP 15bn Investment
Margins Developments has unveiled its latest residential project, Lusail, located in New Cairo. Spanning 35 feddans and with total investments exceeding EGP 15 billion, Lusail is set to become one…
MIDAR invests $7bn in Mostakbal City, plans for local, regional expansion targeting $14bn
MIDAR for Investment and Urban Development, the founding and master developer of Mostakbal City and MADA in East Cairo, is reinforcing its leadership in Egypt's real estate development sector with…
How the Federal Reserve’s Interest Rates Affect Financial Markets
The Federal Reserve, the central bank of the United States, uses interest rates as a tool to achieve its dual mandate: maximum employment and stable prices
Gaza ceasefire closer than ever, ‘if Israel doesn’t set new conditions’: Hamas
Three major Palestinian factions—Hamas, Islamic Jihad, and the Popular Front for the Liberation of Palestine—announced on Saturday that a ceasefire agreement with Israel in the Gaza Strip is now closer…
Egypt’s Drug Authority achieves Level 3 Maturity certificate for medicines, vaccines
Egypt’s Ministry of Health and Population announced on Saturday that the Egyptian Drug Authority (EDA) officially received the Level 3 maturity certificate (ML3) for medicines and vaccines, according to the…
Gold prices dip 1% globally over week: iSagha
Gold prices saw a slight uptick in local markets on Saturday, following a weekend closure of the global exchange. This increase came after a week of losses, with the price…