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
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
Opinion | Egypt’s Resolve: Defying Trump’s Displacement Plan
The proposal was as audacious as it was alarming. In January, when US President Donald Trump suggested the forced displacement of Palestinians from Gaza into Egypt and Jordan, it was more than just a reckless remark – it ignited a
Scientists identify ancient predator ‘Bastetodon’ in Egypt
A rare fossil uncovered in Egypt’s Fayum Desert has led to the identification of a new species of a 30-million-year-old apex predator, named Bastetodon. Published in the Journal of Vertebrate Paleontology, the discovery provides fresh insights into the evolution of
Egypt’s net foreign asset surplus reaches $11.99bn in January 2025
The Central Bank of Egypt (CBE) recorded a net foreign asset (NFA) surplus of $11.99bn (EGP 603.06bn) in January 2025, up from $11.64bn (EGP 592.47bn) in December 2024. Net foreign assets, which represent the difference between the CBE’s foreign currency
Namaa EXP unveils M STREET Heliopolis with EGP 4bn investment
Namaa EXP for Mall Management has launched its new brand, M STREET, introducing a premium shopping and entertainment experience that brings together top local and international brands under the concept of shopping indulgence. The brand’s first project, M STREET Heliopolis,
Shell Egypt underscores commitment to Egypt’s energy future at EGYPES 2025
Shell Egypt will participate as a partner in the Egypt Energy Show (EGYPES) 2025, the largest energy conference and exhibition across Egypt, North Africa, and the Mediterranean. The conference, held under the auspices of President Abdel Fattah Al-Sisi and Minister