“I call for expanding European financing to include farmers”: Egypt’s irrigation minister
"I call for expanding European financing to include farmers, contractors, and suppliers of modern irrigation equipment," Minister of Water Resources and Irrigation Hani Sewilam said, urging European financial institutions to…
EIB invests over €1.2bn in Egypt’s water projects since 1989
The European Investment Bank (EIB) has provided more than €1.2bn in financing for water investments in Egypt since 1989, supporting wastewater treatment, sanitation and water-quality improvement projects, EIB Vice-President Gelsomina…
Egypt plans EGP 1trn programme to deliver 1 million homes in four years
Egypt plans to launch a national housing programme targeting approximately one million residential units over four years, with estimated investments of EGP 1trn, as the government seeks to expand housing…
Q Developments invests EGP 24bn in four real estate projects
Q Developments’ total investments across its four real estate projects have reached approximately EGP 24bn, supported by a land portfolio of 220 to 260 feddans, CEO Ahmed Thabet said. The…
Deyaar calls for full disclosure of property ownership costs
Deyaar Construction and Development has called for greater transparency in Egypt’s real estate market through the disclosure of the full cost of property ownership, enabling buyers to assess their financial…
Oria Developments launches EGP 2.5bn Kenan project in New Zayed
Oria Developments has launched Kenan, a residential project in New Zayed with investments of EGP 2.5bn, as part of its expansion plans in Egypt’s real estate market. Waleid Lawandy, founder…
SKY AD. Developments launches medical clinics, offices at Bluewalk
SKY AD. Developments has launched medical clinics and administrative offices at Bluewalk, its commercial project within the Bluetree residential development in New Cairo’s Golden Square, expanding its commercial offering beyond…
Chevron reports positive results from Nargis-2 well in Mediterranean
The Ministry of Petroleum and Mineral Resources and global energy company Chevron have announced positive results from drilling the Nargis-2 natural gas well in the Mediterranean Sea. Drilling began in…
Egypt targets 12.5 million feddans of farmland, annual car production of +100k: Madbouly
Egypt aims to expand its cultivated area to 12.5 million feddans, increase annual domestic car production to more than 100,000 vehicles and raise local content in automotive manufacturing to 60%,…
Cairo, Ankara discuss regional de-escalation, Black Sea shipping security
Egyptian Foreign Minister Badr Abdelatty met Turkish President Recep Tayyip Erdogan in Istanbul on Friday, acting on instructions from President Abdel Fattah Al-Sisi, at the conclusion of international talks hosted…