Month: May 2026

Egypt’s real estate sector is increasingly emerging as one of the country’s most influential economic drivers, with developers, regulators, and investment leaders calling for a new wave of structural reforms aimed at transforming the market into a globally competitive investment destination. Over recent years, Egypt’s property market has experienced rapid…

Ajna Developments has signed a partnership agreement with Manara Developments to develop Phase Four of the Carnelia project in Galala City, Ain Sokhna. Under the agreement, Manara will oversee the development and marketing of the fourth phase, while Ajna continues managing and operating the overall project. Osama Shalaby, Chairperson of…

Cairo, May 10, 2026 – The 9th edition of “The Marketers League” conference concluded with remarkable success under the theme “The Board Edition,” held at the Grand Egyptian Museum. The event brought together an extensive lineup of business leaders, CEOs, board members, marketing experts, and decision-makers from various industries, further…

Egypt Education Platform participated in and sponsored the first AmCham Egypt Education Conference, held on May 10 under the theme “Investing in Shaping the Future of Education in Egypt.” EEP’s Executive Chairman, Ahmed Wahby, delivered the opening remarks and joined a panel discussion alongside Adel Badr, Group CFO, MEA at…

The value of trade exchange between Egypt and France increased to $2.96bn in 2025, up from $2.94bn in 2024, reflecting annual growth of 1%, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The figures were released in a statement issued by CAPMAS on the occasion of Egypt’s…

Egypt’s Ministry of Health and Population announced that the Egyptian medical mission accompanying this year’s Hajj pilgrimage had provided 645 healthcare services to Egyptian pilgrims in Saudi Arabia since their arrival through 8 May, confirming that no infectious diseases had been detected among pilgrims so far. In a statement, the…

Egypt has reaffirmed the importance of protecting migratory birds and preserving their natural migration routes as the country marked World Migratory Bird Day, according to a statement issued by the Ministry of Local Development and Environment. This year’s event is being held under the slogan “Every bird counts… your observation…

The Egyptian banking sector’s net foreign assets (NFA) stood at $21.32bn, equivalent to EGP 1.164trn, in March 2026, down from $27.385bn, or EGP 1.313trn, recorded in February, according to a report issued by the Central Bank of Egypt (CBE). The report showed that total foreign assets held by the banking…

The Industrial Development Authority (IDA) and the Federation of Egyptian Industries (FEI) have reviewed the implementation status of several state-backed financing initiatives aimed at supporting industrial expansion and addressing challenges facing investors. IDA Chairperson Nahed Youssef held an expanded meeting with FEI Deputy Chairperson and Head of the Industrial Licensing…