FRA introduces new regulatory framework to boost takaful insurance market

The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued Decision No. 70 of 2026 regulating the rules, standards, and controls governing companies licensed to practise takaful insurance activities in Egypt. The move is aimed at revitalising the takaful insurance market and stimulating sector growth in line with the…

Ajna, Manara partner on phase four of Carnelia in Galala

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…

The 9th Edition of “The Marketers League” Concludes with Remarkable Success, Reinforcing Marketing’s Rise to the Core of Corporate Decision-Making

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-France trade exchange edges up to $2.96bn in 2025: CAPMAS

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…