Nations of Sky sells out first two phases of SkyRidge Executives
Nations of Sky, the real estate development arm of the Future of Egypt Authority for Sustainable Development, has announced the full sell-out of the first two phases of its SkyRidge Executives project in Cairo’s Sheraton district, as construction works continue
Egypt’s total fertility rate drops to 2.34 as population strategy yields results
Egypt’s total fertility rate fell to 2.34 births per woman at the end of 2025 from 2.54 at the end of 2023, according to data presented at a National Population Council meeting. The country’s crude birth rate also declined to
FRA registers first debt collection firms for non-bank financial sector
The Financial Regulatory Authority (FRA) has approved the registration of Egy Serv and Egyptian International in the Register of Debt Collection Companies for entities operating in non-bank financial activities. The two firms are the first to be registered under the
Egypt, South Africa discuss industrial integration, expanding cooperation in automotive, pharmaceutical sectors
Egypt’s Minister of Industry, Khaled Hashem, held talks with South Africa’s Minister of Trade, Industry and Competition, Parks Tau, to explore opportunities for strengthening economic cooperation and advancing industrial integration between the two countries. The meeting was attended by South
Titan, SolarizEgypt partner to build 11.45 MW solar power plant at Beni Suef Cement
Titan Egypt has announced the signing of a long-term Power Purchase Agreement (PPA) with SolarizEgypt to develop and construct an 11.45 MW solar power plant for Beni Suef Cement Company, a subsidiary of Titan Egypt. This step reflects both companies’
Egypt launches industrial fund, unified investment platform to boost production, exports
Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, announced a set of new initiatives aimed at supporting industry and exports, including the launch of an industrial fund under the Egyptian Sovereign Fund and a unified digital platform for economic
Minister of Industry reviews production at ELARABY, Samsung factories in Beni Suef
Minister of Industry Khaled Hashem, accompanied by Beni Suef Governor Abdullah Abdel Aziz, conducted an inspection tour of Samsung Electronics’ factory, ELARABY Group’s home appliances complex, and the industrial wastewater treatment plant in the Kom Abu Radi industrial zone in
South Africa completes technical plans for automotive and industrial pact with Egypt
South Africa has completed technical preparations for proposed industrial and automotive cooperation protocols with Egypt, South African Minister of Trade, Industry and Competition Parks Tau said during bilateral talks in Cairo. The expansive discussions, which included Egyptian Minister of Investment
Banks operating in Egypt adopt international ISO 20022 standard for financial transfers
In a pivotal step towards transforming Egypt’s digital payments infrastructure, the Central Bank of Egypt (CBE) announced the adoption of the international ISO 20022 standard across the Egyptian banking sector for SWIFT messaging in interbank financial transfers, effective 21 June
CBE prohibits financing for company formation, capital increases, and dividend distributions
The Central Bank of Egypt (CBE) has issued a directive requiring banks not to grant credit facilities to customers for the purpose of financing the capital of companies under incorporation, funding capital increases, or using bank financing to support cash