Belmazad, Cairo Finance partner to launch real estate auction platform, debuting with Mansoura asset
Belmazad, a company specialising in online real estate auction management and marketing, has signed a partnership agreement with Cairo Finance, a subsidiary of Banque du Caire, to launch an integrated digital platform for the sale and financing of repossessed real
Egyptian Swiss Group invests $25m to expand pasta production over five years
Egyptian Swiss Group for Pasta, Milling and Concentrates announced plans to expand its production capacity over the next five years with total investments of $20-25m, aiming to achieve EGP 5bn in total sales by the end of 2025, including EGP
Infrastructure projects key to attracting $11bn to Suez Canal Economic Zone: Madbouly
Egypt’s massive investment in infrastructure over the past decade has been crucial in attracting $11bn in foreign direct investment to the Suez Canal Economic Zone (SCZONE), Prime Minister Mostafa Madbouly said on Sunday. Speaking at the end of a tour
Egypt Open Junior and Ladies Golf Championship concludes
The Egypt International Junior and Ladies Golf Championship has concluded after three days of competition at the New Giza Golf Club, with nearly 100 players from 15 countries participating. In the ladies’ competition for the Nefertiti Cup, South African player
Hills Developments, Protection Real Estate Development forge strategic partnership to advance urban projects
Hills Developments and Protection Real Estate Development (PRD) have announced a strategic partnership to jointly develop large-scale urban projects, combining their respective strengths in real estate innovation and engineering excellence. The collaboration brings together two leading names in Egypt’s real
Egypt, Morocco explore deeper industrial, transport cooperation
Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with the Ambassador of Morocco to Cairo, Mohamed Ait Ouali, to discuss ways to strengthen industrial, investment, and transport cooperation between the two countries.
Egypt advances efforts to align with EU Carbon Border Mechanism to boost export competitiveness
Mohamed El-Shimy, Minister of Public Enterprises Sector, held an extensive meeting on Saturday to review ongoing efforts by state-affiliated companies to align with the European Union’s Carbon Border Adjustment Mechanism (CBAM). The mechanism, designed to reduce industrial greenhouse gas emissions,
Egyptian ministers launch 2nd ‘EGY AGRI’ expo in New Valley governorate
Egypt’s Minister of Local Development, Manal Awad, and Minister of Agriculture, Alaa El-Din Farouk, on Thursday inaugurated the second edition of the New Valley agricultural exhibition, “EGY AGRI,” a national event reflecting the partnership and efforts to serve the agricultural
Private sector leads Egypt’s investment with 73% growth, says finance minister
Private sector investments in Egypt grew by 73% during the last fiscal year, Egyptian Finance Minister Ahmed Kouchouk said, adding that the private sector is now leading investment in the country. Speaking at a virtual meeting with investors organised by
Egypt, WHO discuss enhancing pharmacovigilance systems to ensure drug, vaccine safety
Egypt’s Minister of Health and Population and Deputy Prime Minister, Khaled Abdel Ghaffar, met on Saturday with representatives from the World Health Organization (WHO) to discuss ways to strengthen pharmacovigilance systems and enhance the safety of medicines and vaccines, the