Day: April 19, 2026

Egypt and the United Nations peacebuilding office have committed to expanding partnerships to combat illicit financial flows and transnational crime, citing the need for intensified international collaborative measures amid current global geopolitical tensions. The commitment was outlined during a Sunday meeting between the Egyptian Money Laundering and Terrorist Financing Combating…

Hussein Eissa, Deputy Prime Minister for Economic Affairs, has participated in a joint Egyptian-American working session hosted by Motaz Zahran, Egypt’s Ambassador to the United States. The meeting brought together Mohamed Farid Saleh, Minister of Investment and Foreign Trade; Samar El-Ahdal, Deputy Minister of Foreign Affairs for International Cooperation; and…

Egypt’s President Abdel Fattah Al-Sisi has reaffirmed Egypt’s full support for Kuwait’s security and stability, rejecting any violation of its sovereignty and stressing that the security of Kuwait and other Arab states is integral to Egypt’s national security. According to the Egyptian presidency, Al-Sisi received Kuwaiti Foreign Minister Sheikh Jarrah…

Madaar Developments has officially launched its latest residential project, The Hillage, in the heart of Sheikh Zayed City, positioning it as one of the final prime land opportunities in the area. The project comes with total investments exceeding EGP 15bn and introduces a boutique, low-density community concept centered on privacy,…

Precision Consulting Engineering (PCE) has announced a strategic partnership with RECS Architects to expand integrated architectural and consultancy services across Egypt and Gulf markets. The agreement, signed by PCE Chairperson Waleed Sweida and Pier Maria Giordani, aims to establish a cross-border collaboration model that combines local execution capabilities with global…

Wadi Degla Developments recorded total sales of EGP 5.6bn in 2025, alongside the delivery of 1,500 residential units, maintaining a steady execution pace of around three units per day. This marks the third consecutive year the company has sustained this delivery rate, standing out in a market where delays have…

Egypt’s real estate market continues to demonstrate resilience despite ongoing regional uncertainty, according to Savills Egypt. While geopolitical tensions persist, market activity remains largely unaffected, with developers maintaining project pipelines and demand holding steady. Savills notes that current pressures mirror those seen during previous regional disruptions, with the impact on…

Halan AZ Real Estate Investment Fund (REIT) has announced the successful closing of its inaugural hospitality investment tranche, executed in partnership with Brassbell Hospitality Group, marking the fund’s first deployment into professionally managed hospitality assets. The fund, established by MNT-Halan in collaboration with Azimut Egypt, aims to broaden access to…

The National Veal Project, chaired by Alaa Farouk, Minister of Agriculture and Land Reclamation, has approved new financing worth EGP 154m for 110 beneficiaries, including small-scale breeders and young graduates, to support the rearing of 2,200 head of livestock. The move falls within the framework of the presidential Decent Life…