Day: April 27, 2025

Egypt’s Minister of Agriculture and Land Reclamation, Alaa Farouk, and Madagascar’s Minister of Agriculture and Livestock, François Girsou, held discussions to explore ways of enhancing bilateral cooperation across various agricultural activities. Farouk highlighted Egypt’s strategy to support African countries in achieving food security, emphasizing the significant agricultural development Egypt has…

The Financial Regulatory Authority (FRA) announced that the volume of non-banking finance extended by institutions and companies under its supervision to medium, small, and micro enterprises (MSMEs) reached EGP 83.319bn in February 2025, compared to EGP 61.141bn in February 2024. In a statement, the FRA noted that these funds were…

The Central Bank of Egypt (CBE) will offer a one-year Treasury bill (T-bill) auction denominated in US dollars on Monday, with a value of $950m and maturity set for 28 April 2026. Proceeds from the auction will be used to cover the maturity of a previous dollar-denominated tender launched on…

Egyptian Prime Minister Mostafa Madbouly held separate meetings on Sunday focusing on key labour sector issues, reviewing challenges and development plans for the Workers’ University and discussing the implementation of the new Labour Law and vocational training strategies, according to cabinet statements. In a meeting dedicated to the Workers’ University,…

Arab Consulting Office (ACO), in collaboration with global technology leaders Sungrow and Tongwei, has signed a strategic framework agreement with IRSC for renewable energy solutions to jointly develop 75 megawatts (MW) of solar photovoltaic (PV) projects across Egypt. The agreement lays the foundation for a long-term partnership that will leverage…

Urbnz Developments announced that construction progress at Axis Three Business Mall, located in the Northern Extensions area of 6th of October City, has reached 40%. Islam Mostafa, Founder and Chairperson of Urbnz Developments, stated that the company is progressing ahead of schedule to mitigate the impact of rising costs. He…

ASPECT has officially launched its operations in Egypt’s real estate market, introducing its first project in New Cairo alongside a tower development in Abu Dhabi. The company’s debut in Egypt features a boutique mixed-use compound in New Cairo’s Fifth Settlement. Spanning over 12 feddans and backed by an EGP 15bn…