Egypt prepares to launch 2nd phase of Decent Life initiative after completing 826 villages
Egyptian Prime Minister Mostafa Madbouly on Sunday reviewed preparations for launching the second phase of the presidential Decent Life initiative, as the government seeks to accelerate the delivery of rural development projects while incorporating lessons learned from the first phase.
Egypt showcases energy, mining investment opportunities to foreign diplomats
Egypt’s Foreign Minister Badr Abdelatty and Minister of Petroleum and Mineral Resources Karim Badawi held a briefing on Sunday for representatives of foreign embassies accredited to Egypt as part of the government’s efforts to attract foreign investment and strengthen international
Egypt steps up preparations for Cairo Water Week 2026
Egypt is stepping up preparations for the ninth Cairo Water Week, scheduled for October 25-29, by expanding its international participation and scientific programme ahead of a series of high-level regional and global events on water security. Minister of Water Resources and
MAG targets EGP 3bn in sales by end-2026, prepares new launch at La Reva Signature Residence
Methaq Arab Group (MAG) is targeting EGP 3bn in contracted sales by the end of 2026 as it prepares to launch a new phase of its flagship La Reva Signature Residence project in Egypt’s New Administrative Capital, offering exclusive introductory
Egypt opens new Strategic Command in New Capital; Al-Sisi outlines post-IMF economic plan
Egyptian President Abdel Fattah al-Sisi inaugurated the State’s Strategic Command in the New Administrative Capital on Saturday. He used the occasion to outline a post-International Monetary Fund economic plan. Moreover, he detailed the country’s foreign policy stances amidst regional crises.
Egypt, EU review strategic partnership, regional security and US-Iran diplomacy
Egyptian Foreign Minister Badr Abdelatty and European Commissioner for the Mediterranean Dubravka Šuica reviewed progress in the Egypt-European Union Comprehensive Strategic Partnership and exchanged views on key regional developments, including U.S.-Iran negotiations and broader Middle East security issues. According to
Egypt uncovers 18 ancient tombs at Marina El Alamein archaeological site
An Egyptian archaeological mission working at the Marina El Alamein Archaeological Site on Egypt’s northwestern Mediterranean coast has uncovered 18 ancient tombs, together with a collection of sarcophagi, surface burials and archaeological artefacts, offering new insights into the history and
Banque Misr launches Riyadh branch, begins banking operations in Saudi Arabia
Banque Misr has officially launched its branch in Riyadh, marking the start of its banking operations in Saudi Arabia after completing all regulatory requirements and obtaining approval from the Saudi Central Bank (SAMA). The expansion reflects the growing economic partnership
Al Ahly Pharos completes EGP 744m securitised bond issuance for Valu
Al Ahly Pharos Investment Banking, the investment banking arm of the National Bank of Egypt (NBE), has announced the successful completion of the third issuance under the eighth securitisation programme for U Consumer Finance S.A.E. (Valu), with a total value
IDA reclaims industrial land, factory units from non-compliant investors
Egypt’s joint committee, led by the Industrial Development Authority (IDA) in coordination with land-owning authorities and law enforcement agencies, continued its large-scale enforcement campaign for the second consecutive day, reclaiming industrial land plots and ready-built factory units from non-compliant investors