Egypt’s Petroleum Minister discuss energy cooperation with Qatari, Algerian counterparts

Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, has met with Qatar's Minister of State for Energy Affairs, Saad bin Sherida Al Kaabi, and Algeria's Minister of Energy and…

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Egypt ready to support Saudi Arabia’s FIFA World Cup preparations: PM Madbouly

Egypt’s Prime Minister Mostafa Madbouly met on Monday with Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef at the government headquarters in the New Administrative Capital to discuss…

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Egypt, Jordan discuss regional issues, strengthen bilateral ties

Egyptian President Abdel Fattah Al-Sisi hosted Jordanian King Abdullah II bin Al-Hussein in Cairo on Monday for a series of high-level talks. The discussions began with a private bilateral meeting,…

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Egyptian-Gulf alliance launches Mahawer Developments with EGP 7bn investment

An Egyptian-Gulf alliance of three leading real estate developers—SIAG Developments, El Alwy Urban Development, and Misk Development—has launched Mahawer Developments, a new company aimed at investing EGP 7bn in real…

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Emtelaak launches in Egypt with innovative fractional real estate ownership partnership

Emtelaak has officially entered the Egyptian market, announcing its launch with a strategic partnership agreement with Uptown 6 October, a prominent real estate development company. This collaboration marks Emtelaak’s debut…

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Egypt reduces fuel consumption, saves EGP 1.2bn monthly through renewables: Essmat

Egypt's fuel consumption has been reduced from 182 grams per kilowatt-hour (g/kWh) to 171 g/kWh, resulting in monthly savings of EGP 1.2bn, according to the Minister of Electricity and Renewable…

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CI Capital exits Taaleem Management Services, delivering impressive returns

CI Capital Holding for Financial Investments has announced the successful exit from its investment in Taaleem Management Services after a five-year holding period, delivering exceptional returns. The exit generated four…

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CBE completes business continuity drill to test emergency response, remote operations

The Central Bank of Egypt (CBE) recently completed its annual Business Continuity Plan (BCP) and Business Continuity Management System (BCMS) drill, further reinforcing its commitment to international standards in crisis…

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China’s Lutai to invest $385m in its first textile factory in Egypt

Hossam Heiba, the CEO of the General Authority for Investment and Free Zones (GAFI), has met a high-level delegation from Lutai Group, the world’s largest producer of dyed fabrics and…

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Egypt, Germany sign €77.3m debt swap, grant agreements to boost development

Egypt and Germany have strengthened their economic partnership with the signing of agreements worth a total of €77.3m, aimed at supporting development across multiple sectors. The agreements include a debt…

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