FRA explores AI integration in insurance, investment funds: Farid
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), has announced that a study is underway to facilitate the use of artificial intelligence (AI) algorithms in insurance and investment fund activities. These technologies will enable more efficient comparisons between investment
Environment Minister, Fayoum Governor discuss progress of ‘Safe Haven for Wildlife’ project in Wadi El Rayan
Minister of Environment Yasmine Fouad and Governor of Fayoum Ahmed El Ansari met to review the latest developments in the “Safe Haven for Wildlife in Wadi El Rayan Protected Area” project. The meeting, attended by key officials, environmental leaders, and
Egypt, Argentina strengthen investment ties
Yasser Abbas, Deputy CEO of Egypt’s General Authority for Investment and Free Zones (GAFI), met with an Argentine delegation led by Holger Federico Martinsen, Argentina’s Ambassador to Egypt, and Sergio Pardo, CEO of the Argentine Investment and International Trade Agency
Saudi Scope invests EGP 200bn in Mokattam Corniche development
Saudi Arabia’s Scope Properties has launched its latest project, A40, in the heart of Mokattam Corniche. The modern commercial center spans 14,000 sqm and features a mix of retail units, administrative spaces, and medical offices. The development consists of a
Madbouly, Saudi Energy Minister discuss strengthening joint investments
Egyptian Prime Minister Mostafa Madbouly met with Saudi Energy Minister Prince Abdulaziz Bin Salman Bin Abdulaziz Al Saud and his delegation on Monday at Al Manara International Conferences Center. The meeting took place on the sidelines of the 8th Egypt
Organi Group leads contracting consortium for $5bn projects in Egypt
Organi Group has launched a major contracting consortium in collaboration with its subsidiary, Abnaa Sinai for Construction and Building, alongside IGI Holding’s subsidiary, Income, and the China State Construction Engineering Corporation (CSCEC). The consortium aims to execute large-scale construction and
Chevron welcomes Egypt-Cyprus MoU as key step for Aphrodite gas project
The Memorandum of Understanding (MoU) signed on Monday between the governments of Egypt and Cyprus, alongside Chevron, marked a significant milestone in advancing key commercial agreements for the Aphrodite gas project, located offshore Cyprus. The agreement strengthens the project’s long-term
Egypt’s governmental real estate platform officially launched
Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister of Communications and Information Technology Amr Talaat, Egypt’s governmental real estate platform—supported by the Multiple Listing Service (MLS) system—was officially launched on Thursday in Cairo.
SPINNEYS EXPANDS AND REACHES THE COASTAL RESORT TOWN OF AIN SUKHNA
Spinneys, one of the leading supermarket chains providing quality products and services across Egypt, proudly announced the opening of its 31st store on Sunday February 16. The new store is located in the coastal resort town of Ain Sukhna by
Urbnz Developments unveils AXIS Three Business Mall in West Cairo
Urbnz Developments has launched its first project, AXIS Three Business Mall, in West Cairo, targeting sales of EGP 230m, according to Mahmoud Amir, Chief Commercial Officer (CCO) of the company. Amir highlighted that Urbnz Developments’ management team brings over 60