ERG Developments unveils 27-feddan Linwood project in New Cairo
ERG Developments has officially launched its Linwood project in New Cairo, a 27-feddan residential development designed by renowned architect Raef Fahmy, according to the company’s founder, Mohamed Rizk. Located along the Youssef El-Sebaei Axis, just north of Al-Rehab City, Linwood
East Africa faces food insecurity, economic challenges despite growth: African Narratives
East Africa continues to lead the continent in economic growth rates, yet faces persistent challenges in poverty reduction and food security, according to a new report published Sunday by African Narratives for Strategic Studies. While economic growth shows improvement and
FRA introduces new regulations for non-banking financial institutions under its supervision
The Board of Directors of the Financial Regulatory Authority (FRA), headed by Mohamed Farid, has issued new regulations aimed at regulating the operations of non-banking financial institutions under its supervision. One of the key decisions is Decision No. 256 of
Al-Mashat addresses global growth, inflation, gender equality at Davos 2025
Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, participated in several discussions on global growth, inflation, gender equality, and the future of development in Africa. This came during the World Economic Forum (WEF) 2025 in Davos, Switzerland,
MSMEDA to double support for project owners outside Cairo: CEO
Basel Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), announced that in 2025, the authority will work to significantly increase both the financial and non-financial services available to project owners across Egypt’s governorates. This effort will
Food Industries Chamber discusses salt export challenges with relevant authorities
The Food Industries Chamber of the Federation of Egyptian Industries convened a productive meeting with salt producers and packers from the Diverse Food Products Division. Chaired by Mohamed Saleh Bashanfer, a board member of the Chamber and Chairman of the
Talaat Moustafa Group supports new facilities at Ain Shams University Medical City
The Talaat Moustafa Group supported the opening of an upgraded Children’s Emergency Department and a new Blood Transfusion and Chemotherapy Centre at Ain Shams University Medical City. The upgraded department and new centre were inaugurated at a ceremony attended by
MDP expands into Libyan market with successful migration for North African Bank
MDP, a leading provider of payment solutions including EMV card production, issuing and acquiring processing, and digital services, has officially entered the Libyan market with the successful migration of North African Bank’s card processing system. This achievement positions MDP to
FRA forms advisory group to support oversight committee on carbon emission reduction
The Financial Regulatory Authority (FRA) has announced the formation of an advisory group to assist the Oversight and Supervision Committee for Carbon Emission Reduction Units. The group will provide expert technical advice on key areas related to the committee’s responsibilities,
Bonyan approved for listing on Egyptian Exchange
Bonyan, a real estate investment company, has received approval to list on the Egyptian Exchange (EGX) under the ticker symbol “BONY.CA”. The company plans to launch its initial public offering (IPO) within the first half of 2025, pending completion of