Mountain View begins handover of ‘MV 1.1’ in New Cairo

Mountain View has commenced handover procedures for its “MV 1.1” project in New Cairo, less than four years after launch. The milestone follows a field visit by senior management to assess construction progress and readiness. The tour was led by Chairperson Amr Soliman, joined by Co-CEOs Wael Lotfy and Wael…

The Spine: A practical application of special investment zones in Egypt

“The Spine” project has officially entered the implementation phase, marking its territory as one of the largest mixed-use developments in the country’s history. At its core, the project is rooted in the concept of a Special Investment Zone, aligning with Egypt’s broader trajectory toward digital transformation and rapid urban development.…

Egypt expands mental health services nationwide through new initiative

Egypt’s Ministry of Health has launched new clinics under the presidential “Your Health is Happiness” initiative to expand mental health services and further integrate psychological care into the public healthcare system. Speaking at the launch event, held in partnership with Viatris Egypt, Health Minister Khaled Abdel Ghaffar said mental health…

Egypt repays $6.4bn in external debt service in Q1 2025/26: CBE

The Central Bank of Egypt (CBE) said the government repaid $6.442bn in external debt service, covering both interest and principal, during the first quarter (Q1) of the 2025/2026 fiscal year, compared with $7.952bn in the same period of 2024/2025. In a recent report, the bank said the total includes $2.078bn…