Government takes steps to stabilize food prices: Madbouly

The Egyptian government is taking measures to increase the supply of goods and stabilize prices following recent hikes, Prime Minister Mostafa Madbouly announced on Sunday. He chaired a meeting with…

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Death toll of Israeli aggression in Gaza rises to 43,341 Palestinians

The Ministry of Health in Gaza reported on Sunday, that 27 Palestinians were killed and 86 others were injured in four massacres committed by the Israeli occupation in the Strip…

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UN condemns RSF attacks in Sudan’s Al Jazirah state, citing displacements

UN Secretary-General António Guterres has strongly condemned escalating attacks by the Rapid Support Forces (RSF) militia in Sudan’s Al Jazirah state, as new reports reveal over 135,000 civilians were displaced…

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Siemens, Emirates Smart Solutions partner to modernize Esna Barrage, Lock in Luxor

Siemens has signed a contract with Emirates Smart Solutions (ESS), a subsidiary of Etimad Holding Group in the UAE, to renovate the Esna Barrage and Lock in Luxor. The project…

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Gold prices increase by EGP 35 in Egypt amid global swings

Gold prices in local markets rose by EGP 35 over the past week, increasing by 0.9%, despite a 0.4% drop in global gold prices due to intense sell-offs triggered by…

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Egypt’s education quality authority holds international conference on AI

The Seventh International Conference of the National Authority for Quality Assurance and Accreditation of Education (NAQAAE) opened Sunday in Cairo, with Higher Education and Scientific Research Minister Ayman Ashour inaugurating…

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Kuwaiti Tatra Development unveils residential projects in Egypt

Tatra Development has announced its entry into the Egyptian market by launching over 15 residential projects in various locations within New Cairo. Tatra Chairperson Said Osman emphasized that the company…

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Banque Misr considers launching new mortgage funds

Hassan Samir, Head of Real Estate Investment and Development at Banque Misr, has announced that the bank is considering launching new mortgage funds soon. Samir said that financing decisions are…

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Zaeem Holding launches new compound in Badr City with EGP 1.2bn projected sales

Abdelrahman El Zaeem, Chairperson of Zaeem Holding, announced the launch of Lora Compound, the first smart residential project in Badr City. Covering an area of 35,000 sqm, the project includes…

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Somabay eyes EGP 8.5bn in sales this year

Ibrahim El-Missiri, Somabay Group CEO, stated that the company has recorded sales of EGP 7bn so far, with expectations to reach EGP 8.5bn by the close of 2024. El-Missiri told…

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