In the Presence of Turki Alalshikh… Sela and Talaat Moustafa Group Launch Strategic Consortium to Develop an Integrated Entertainment Ecosystem in Egypt
In the presence of His Excellency Turki Alalshikh, Chairman of the General Entertainment Authority (GEA), Sela, a Public Investment Fund company and one of Saudi Arabia’s leading entertainment and destination developers, announced the launch of a strategic consortium with Talaat
Saudi Arabia’s Sela and Egypt’s Talaat Moustafa Group form entertainment consortium
Saudi Arabia’s Sela, a Public Investment Fund company, and Egypt’s Talaat Moustafa Group (TMG) have launched a strategic consortium to create and manage an integrated entertainment ecosystem and live events in Egypt. The agreement was launched in the presence of
One of One records EGP 1.5bn sales, opens new HQ to drive expansion
One of One Developments has announced the opening of its new headquarters, marking a strategic step to support operational growth and upcoming projects in New Cairo, Sheikh Zayed, and coastal destinations. During the launch event, attended by Mostafa Salah, CEO,
Egypt issues $1bn international bonds in first MENA offering since Iran conflict escalation
Egypt has reaffirmed its access to international capital markets despite heightened geopolitical uncertainty, issuing $1bn in social and development bonds in what the government described as the first sovereign issuance of its kind in the Middle East and North Africa
Strong expectations for CBE to keep interest rates unchanged at Thursday meeting
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to hold its third regular meeting of the year on Thursday to determine the direction of key interest rates, widely viewed as a leading indicator of
Egypt launches unified digital environmental registry for industry
Egypt has launched a unified digital environmental data registry for industrial facilities to support green transformation and help factories comply with international environmental requirements. In a statement, the Ministry of Local Development and Environment said the new system will
LIXIL Core Earnings Up 23% in FYE2026, Profitability Improved in Both Japan and International Businesses
LIXIL Corporation reported a 22.9% increase in core earnings to ¥38.5 billion for the fiscal year ending 31 March 2026, driven by improved profitability across both its domestic Japanese and international operations despite a challenging global business environment. Consolidated revenue
Egypt health minister calls for stronger local drug manufacturing
Egyptian Health Minister Khaled Abdel Ghaffar said local pharmaceutical manufacturing is essential for building resilient healthcare supply chains and reducing vulnerability to global crises. Speaking at a healthcare supply chain event held on the sidelines of the 79th World
Egypt to overhaul business licensing and capital rules to equalise investor playing field
Egypt is overhauling its post-establishment business regulations, including slashing the time required for capital increases and unifying operational licensing, to facilitate the ease of doing business equally for both domestic and foreign investors, the country’s investment minister said. Speaking at
Egypt pivots to technology and global supply chains for industrial growth, cites Africa as top opportunity
Egypt aims to become one of the top five players globally across seven shortlisted industrial sectors by 2035 through deep integration into global supply chains, the country’s industry minister announced during an event marking 50 years of collaboration with the