العربية

Day: May 4, 2025

Egypt’s ready-made garment exports jump 24% in Q1 2025 to $812m

Egypt’s ready-made garment exports rose sharply by 24% in the first quarter (Q1) of 2025, reaching $812m, up from $656m in the same period last year, according to data from the Apparel Export Council of Egypt (AECE). The council reported a particularly strong performance in February, with exports jumping 35%…

Mashrou’ak injects EGP 32.4bn into local development projects since 2015

The Ministry of Local Development announced on Sunday that the “Mashrou’ak” (Your Project) initiative has financed 213,689 projects across Egypt since its launch in 2015, with total funding exceeding EGP 32.4bn. The programme has helped generate approximately 1.428 million job opportunities nationwide, establishing itself as a cornerstone of local economic…

Beit El Watan initiative generates $10bn in sales: Minister

Prime Minister Mostafa Madbouly met on Sunday with Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny to follow up on the progress of key projects and initiatives being implemented by the ministry across various sectors. During the meeting, Minister El-Sherbiny provided an update on the Beit El Watan initiative…

Market regulation, law enforcement top government agenda: Prime Minister

Prime Minister Mostafa Madbouly chaired a meeting of the Governors’ Council on Sunday, with Minister of Local Development Manal Awad, provincial governors, and security directors in attendance—some joining via video conference. The session focused on critical governance issues including illegal construction, land encroachments, market oversight, and preparations for upcoming elections.…

Value Developments launches 50,000 sqm Value Medical City in East Cairo

Value Developments has announced the launch of its flagship healthcare project, Value Medical City (VMC)—the first fully integrated medical city in East Cairo—with substantial investments. Strategically located in a central area that connects New Cairo, Madinaty, Badr City, Mostakbal City, and the New Administrative Capital, the project spans over 50,000…