Health Minister reviews hospital upgrades, launches Ismailia Cancer Hospital

Egypt’s Health Minister Khaled Abdel Ghaffar reviewed ongoing development projects at state-run teaching hospitals and institutes, stressing the need to accelerate construction and modernisation efforts to expand specialised healthcare services and improve quality of care. The Health Ministry said Abdel Ghaffar chaired a meeting of the board of the General…

FRA registers first debt collection firms for non-bank financial sector

The Financial Regulatory Authority (FRA) has approved the registration of Egy Serv and Egyptian International in the Register of Debt Collection Companies for entities operating in non-bank financial activities. The two firms are the first to be registered under the new framework established by the FRA to regulate debt collection…

Nations of Sky sells out first two phases of SkyRidge Executives

Nations of Sky, the real estate development arm of the Future of Egypt Authority for Sustainable Development, has announced the full sell-out of the first two phases of its SkyRidge Executives project in Cairo’s Sheraton district, as construction works continue towards completion and delivery. The announcement came during a site…

Egypt, South Africa discuss industrial integration, expanding cooperation in automotive, pharmaceutical sectors

Egypt’s Minister of Industry, Khaled Hashem, held talks with South Africa’s Minister of Trade, Industry and Competition, Parks Tau, to explore opportunities for strengthening economic cooperation and advancing industrial integration between the two countries. The meeting was attended by South Africa’s Ambassador to Egypt, Ntsiki Mashimbye, Assistant Minister of Industry…

Norway’s Scatec to invest $5bn in Egypt green energy over next two years

Norway’s Scatec plans to inject up to $5bn in new investments into Egypt over the next two years, company officials announced. The new investment plan will target strategic sectors, including water desalination powered by renewable energy, green data centres, solar and wind power projects, energy storage systems, and infrastructure supporting…