Day: April 13, 2025

Egypt will begin offering a series of vacant, fully serviced industrial units for lease across various governorates starting May 1, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir announced on Sunday. The launch, timed to coincide with Labour Day, underscores the state’s commitment to…

Chairperson of the Egyptian Drug Authority (EDA), Ali Ghamrawy, held an extensive meeting with representatives from global healthcare company Abbott to review the latest developments in localizing the production of key pharmaceutical products in Egypt. The discussions focused on executive steps required to implement the localization plan, evaluating actions taken…

The Giza Pyramids archaeological area welcomed approximately 15,000 visitors on Saturday—both Egyptians and international tourists—marking a 25% increase compared to the first day of the trial run and the highest daily turnout since the launch of the site’s development project. The milestone was announced during a high-level meeting chaired by…

Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), has confirmed that the newly approved tax relief package offers a one-time opportunity for the business community and will not be extended. She stressed that the deadlines for applying are fast approaching, as the ETA continues to receive applications under…

Savills Egypt has launched its inaugural graduate programme, a 12-month, full-time initiative designed to cultivate young talent and advance the real estate sector in Egypt. The programme, which commenced this month, aims to equip recent university graduates with the practical skills, industry knowledge, and global exposure necessary for success in…

Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny announced that the Mazarin project in New Alamein City is on track for completion by 30 June 2025. Spanning 707 feddans, the mixed-use development is located on the southern shore of the Alamein Lakes and overlooks the city’s iconic beachfront towers.…

Mazaya Developments prepares to launch a new real estate project in east Cairo during the second half of 2025, as part of the company’s strategic expansion into high-potential investment zones. Mohamed Allam, Chairperson of Mazaya Developments, confirmed that the company currently has access to several promising land plots with large…