Egypt implements 975 projects worth EGP 638bn to advance Sinai development since 2014
Prime Minister Mostafa Madbouly chaired a high-level meeting on Sunday to review executive plans for developing the Sinai Peninsula and boosting investment inflows, as part of the government’s broader strategy to achieve balanced urban growth and strengthen the national economy.
Kiwe secures final CBE approval to launch social-centric fintech platform
Kiwe, the home-grown fintech startup designed around how people use money today, has received final approval from the Central Bank of Egypt (CBE) to launch its application and card in the Egyptian market. The milestone signals the arrival of a
Egypt ends shop closure rules, eyes solar incentives as US-Israeli-Iranian” crisis weighs on regional growth
Egypt has lifted an 11 p.m. mandatory closing time for public shops, commercial centres, and restaurants, and will launch a solar energy incentive initiative for homes and factories, the government announced following a crisis management meeting addressing the economic fallout
Al-Sisi approves Galala development plan, orders tourism, trade expansion
Egyptian President Abdel Fattah Al-Sisi has approved a comprehensive four-year development plan for Galala City on Egypt’s Red Sea coast, aimed at transforming the area into an integrated hub for tourism, trade, and economic activity. According to the presidency, Al-Sisi
Iran’s Araghchi rallies Gulf support for regional ceasefire path beyond Washington
Iran intensified diplomatic outreach to Gulf states on Sunday, seeking to strengthen a regional track to end the war and stabilize the ceasefire. Foreign Minister Abbas Araghchi emphasized that regional security should be built on a collective mechanism led by
Egypt urges Iran, Qatar to uphold diplomacy, ease regional tensions
Egypt’s Foreign Minister Badr Abdelatty held phone calls with Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani and Iranian Foreign Minister Abbas Araqchi to discuss ongoing US-Iran negotiations and efforts to reduce regional tensions, the Egyptian
Zhour Developments launches EGP 10bn FioRI compound in west Cairo
Zhour Developments has announced the launch of FioRI compound, a mixed-use residential project in west Cairo, with total investments exceeding EGP 10bn. The project reflects continued expansion in west Cairo, an area that has attracted increasing real estate activity in
Egypt steps up field, digital oversight to enhance healthcare services
Egypt is intensifying field inspections and expanding digital oversight of healthcare facilities as part of efforts to improve service quality and operational efficiency nationwide, the Ministry of Health said. In a statement, the ministry said Health Minister Khaled Abdel Ghaffar
Egypt’s Doorknock Mission in Washington: Investment prospects amid regional turmoil
The American Chamber of Commerce (AmCham) in Egypt has wrapped up its 43rd “Doorknock Mission” to Washington, concluding a week of high-level meetings that delivered both economic and political signals at a time of regional upheaval. Over the course of
Egypt courts German tour operators with strategic push to boost inbound tourism
Minister of Tourism and Antiquities Sherif Fathy held talks with Albin Loidl, President of the German Travel Association (DRV), alongside senior DRV official Volker Adams and a delegation of leading German tour operator executives, during a meeting at the Giza