Year: 2026

Minister of Local Development and Environment Manal Awad reviewed a package of proposed projects under the Sustainable Blue Economy in the Red Sea and Gulf of Aden (HESBERSGA) initiative, following recent regional meetings held in Jeddah, Saudi Arabia, the Ministry of Environment said. During a meeting with Sherif Abdel Rahim,…

Egypt is stepping up efforts to expand telemedicine services and accelerate the digital transformation of its healthcare system, following a meeting between Minister of Health and Population Khaled Abdel Ghaffar and representatives of the Specialized Medical Councils, pharmaceutical company Novartis, and healthcare technology firm TeleMed. According to the Health Ministry,…

Prime Minister Mostafa Madbouly chaired a meeting on Monday with Minister of Civil Aviation Sameh El-Hefny and Minister of Petroleum and Mineral Resources Karim Badawi to review joint initiatives between the two ministries, with a focus on securing fuel supplies for the aviation sector and advancing Egypt’s first sustainable aviation…

Egypt targets a 65% private sector investment share within two years alongside an accelerating state exit plan that has already seen 20 government companies provisionally listed on the Egyptian Exchange, Prime Minister Mostafa Madbouly announced. Speaking at a meeting in the New Administrative Capital to review the privatisation programme, Madbouly…

B-Alpha Fund, managed by Beltone Asset Management, continues to lead the performance of active equity funds, ranking first as of June 30, 2026, with a year-to-date return of 37.1%. This exceptional performance reflects the success of the Fund’s investment strategy, which is built on strategic asset allocation, the effective capture…

Businessman Naguib Sawiris on Sunday denied media reports about the construction of a sports stadium and events area on the Giza Pyramids plateau. Sawiris said via his official X platform account that these statements were not made by him or any of his company’s representatives, in response to reports circulating…

Talaat Moustafa Group (TMG) plans to nearly double its hotel portfolio over the next decade, expanding from around 20 hotels today to between 35 and 40 properties as part of its long-term strategy to diversify revenue streams and strengthen integration between its real estate, hospitality, and entertainment businesses. Speaking during…

Gulf Egypt for Hotels and Tourism, a subsidiary of United Real Estate Company (URC), has unveiled plans for a mixed-use tourism and hospitality development in Sharm El Sheikh with investments exceeding EGP 20bn, as part of its expansion strategy in Egypt. The project, announced as the company marks 50 years…

Kuadra, a MENA-based construction-tech company that provides AI adoption and workflow automation services, is preparing to launch the industry’s first unified AI-powered platform to manage the entire project lifecycle for contracting companies. The move aims to accelerate digital transformation in one of Egypt’s largest economic sectors. Ahmed Salem, Founder and…

J Communities has announced the launch of its operations in Egypt’s real estate market as the parent company of the group, in a restructuring that places the Jamila and Jura projects under its direct management. New Jersey Developments will continue operating as a subsidiary during a transition period. The restructuring…