Day: September 12, 2026

Campaign coincides with first-phase handovers as Nour moves from development to operational stage Talaat Moustafa Group Holding (TMG Holding) has launched its “Nour Nawaret” campaign as more than 4,000 units in the first phase of its Nour development in East Cairo enter the delivery stage, marking a significant transition for…

TMG CEO says major developers maintain strong collection rates, while secondary-market slowdown reflects tighter liquidity and monetary policy Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group Holding (TMG Holding), said Egypt’s real estate market is operating at normal levels, arguing that the exceptional activity witnessed in 2023…

The Egyptian Commercial Service (ECS) office in Baghdad held talks with the Federation of Iraqi Businessmen on September 7, 2026, to explore ways to strengthen trade, investment, and industrial cooperation between Egypt and Iraq. The meeting was held under the directives of Mohamed Farid Saleh, Minister of Investment and Foreign…

Egypt and Uzbekistan are seeking to turn their water cooperation agreement into joint projects focused on smart irrigation, artificial intelligence, digital transformation, and climate adaptation, Egypt’s Ministry of Water Resources and Irrigation said. Water Resources and Irrigation Minister Hani Sewilam discussed the plans with Uzbekistan’s Ambassador to Cairo Mansurbek Kilichev,…

Egypt’s trade with BRICS countries rose to $36.7bn in the first half (H1) of 2026, compared with $29.3bn during the same period of 2025, an increase of $7.4bn, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). The Indian capital hosted the 18th BRICS Leaders’ Summit under the…

Egypt has completed all first-phase projects of the “Decent Life” presidential initiative in Kafr El Sheikh and has commenced second-phase projects, primarily focusing on sanitation in other districts, Prime Minister Mostafa Madbouly announced on Saturday. Speaking in televised remarks at the conclusion of his tour of the Nile Delta governorate,…

The Financial Regulatory Authority (FRA) has issued the second edition of the Egyptian Real Estate Valuation Standards, more than 11 years after the first edition, in a new step aimed at improving the efficiency of non-bank financial markets and enhancing the quality and reliability of valuation work related to economic…

Egypt’s Minister of Civil Aviation Sameh El-Hefny held a series of bilateral meetings with transport and aviation ministers and heads of civil aviation authorities from several Arab and African countries on the sidelines of the second edition of the El Alamein International Airshow (EIAS 2026). The meetings focused on strengthening…

The Financial Regulatory Authority (FRA) has issued two decisions requiring companies and entities operating in consumer finance and medium, small and micro enterprise (MSME) financing to establish real-time connectivity with credit bureau iScore. The move is part of efforts to strengthen oversight of financing procedures, ensure regulatory supervision extends across…

Egypt’s Minister of Industry Khaled Hashem has held an expanded meeting with furniture manufacturers, designers, and producers of industry inputs to discuss the sector’s challenges and requirements and explore ways to develop the industry and strengthen its competitiveness in local and international markets. The meeting was attended by Maha Saleh,…