Day: March 16, 2026

Talaat Moustafa Group (TMG) Holding has been ranked as the largest listed real estate developer in Egypt for 2026 by Forbes Middle East, following a year of increased market valuation and regional project expansion. The ranking, part of Forbes’ list of the top 50 companies in Egypt by market value,…

The Ordinary General Assembly of Commercial International Bank (CIB) has approved the continuation of Hisham Ezz El-Arab as the bank’s Chief Executive Officer for a new three-year term, running from March 2026 until March 2029. The assembly also approved the formation of the Board of Directors for the new term,…

Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said the agency has directed 45% of its total financing between July 2014 and December 2025 to projects owned or managed by women, amounting to EGP 18.7bn. According to Rahmy, the financing supported around 934,000 projects across…

Egypt’s Health Minister Khaled Abdel Ghaffar discussed cooperation with Russia’s Dmitry Rogachev National Medical Research Center on childhood cancer treatment during a visit to Moscow.   The Egyptian health ministry said the meeting, held on the sidelines of the Healthy Life Forum in Russia, aimed to exchange expertise between the two countries…

Randa El-Menshawy, Egypt’s Minister of Housing, Utilities and Urban Communities, has directed that a number of seawater desalination plants be offered to specialised local private-sector companies to undertake operation and maintenance activities, as part of the state’s efforts to improve operational efficiency and sustainability. According to a statement issued by…

Sherif Fathy, Egypt’s Minister of Tourism and Antiquities, began his visit to Sharm El-Sheikh with a meeting with Ismail Kamal, Governor of South Sinai, to discuss ways to strengthen cooperation and further support the tourism sector in the governorate. The meeting addressed a number of issues of mutual interest, including…

Ahmed Kouchouk, Egypt’s Minister of Finance, reviewed the implementation status of the government’s social protection package, noting that EGP 18.5bn has been disbursed since the programme was launched last February to support eligible beneficiaries and vulnerable groups. Kouchouk said that EGP 6bn has been allocated to provide an additional EGP…

Egypt’s construction sector is expected to maintain strong growth momentum through 2035, supported by major infrastructure investments and large-scale urban development projects, according to a report reviewed by the Information and Decision Support Center (IDSC). The IDSC cited forecasts by Fitch Solutions, which anticipate accelerating real growth in Egypt’s construction…

Iwai Fumio, Japan’s ambassador to Egypt, and a representative of the Tanweer Center for Development and Human Rights have signed a grant agreement under Japan’s Grant Assistance for Grassroots Human Security Projects (Kusanone) programme. Under the agreement, Japan will provide $65,742 to support a project implemented by the Tanweer Center…