Year: 2026

Minister of Labor Hassan Raddad reaffirmed on Tuesday, June 30, 2026, the government’s commitment to enhancing its partnership with the private sector, saying stable employment and safe working conditions are key to sustaining production and attracting investment. During a visit to Rameda Pharmaceuticals in the industrial zone of 6th of…

Arady Misr, an Egyptian digital land marketplace, has announced the upcoming launch of Arady Shares, a platform that will enable investors to acquire fractional ownership of land through investments starting from as little as one square metre. The platform aims to democratise access to land investment—an asset class that has…

Global hospitality group Accor and Margins Developments have signed an agreement to develop a Novotel hotel and Novotel-branded residences at the LUSAIL Residence project in New Cairo’s Sixth Settlement, marking Margins’ entry into Egypt’s hospitality sector. The mixed-use development will comprise a 120-room Novotel hotel alongside more than 450 branded…

Ibrahim El Shamy, CEO of Jotun Egypt, said the company has invested more than $100m in its new manufacturing facility in 10th of Ramadan City over the past three years, reaffirming its commitment to expanding operations in Egypt and strengthening the country as a regional manufacturing and export hub. Speaking…

Walid Gamal El Din, Chairperson of the Suez Canal Economic Zone (SCZONE), laid the foundation stone for the Nile Ferro Alloys plant, a major investment by India’s Jai Dadi Group in the East Ismailia Industrial Zone (Technology Valley), Sinai. The project spans 80,000 square metres and represents a total investment…

Al Ahly Pharos Investment Banking, the investment banking arm of the National Bank of Egypt (NBE), has announced the successful completion of the third issuance under the eighth securitisation programme for U Consumer Finance S.A.E. (Valu), with a total value of EGP 744m. Al Ahly Pharos acted as the sole…

Commercial International Bank Egypt (CIB), Egypt’s largest private-sector bank, has signed a strategic partnership with IE University to advance leadership development, executive education, and professional growth in Egypt. The agreement reflects both institutions’ commitment to developing human capital, fostering innovation, and strengthening collaboration between higher education and industry. By combining…

Egypt has announced a series of measures to strengthen care for patients living with rare diseases, including expanding early screening programmes, establishing a national patient registry, and creating a dedicated funding mechanism, during the launch of the country’s first national forum dedicated to rare diseases. Speaking at the opening of…