Category: News

The planned Forbes International Tower in Egypt’s New Capital is targeting net-zero carbon emissions by 2030 and LEED Platinum green-building certification, according to the Ministry of Local Development and Environment. Local Development and Environment Minister Manal Awad discussed the project during a meeting with Forbes Global Group CEO Michael Gilbert…

Parkin Company PJSC, Dubai’s provider of paid public parking facilities and services, has signed a Memorandum of Understanding (MoU) with Modon Misr for Asset & Facility Management, Mwasalat Misr, and Redcon Properties to explore the development of smart parking and mobility solutions in Egypt. The agreement marks Parkin’s first entry…

BilAraby, a Qatar Foundation initiative, has concluded its regional “BilAraby in…” series. Organized by local partners in Damascus, Amman, and Djerba, from 4–9 August 2026, the events featured speakers from Syria, Jordan, and Tunisia who shared ideas in Arabic deeply rooted in their personal experiences and community realities. The three-city tour drew…

Prime Minister Moustafa Madbouly received Tuesday, August 18, 2026, Moustafa Shekhon, following President Abdel Fattah al-Sisi’s decision to appoint him chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), and Walid Gamal al-Din, the authority’s outgoing chairman, as part of the formal handover of the chairmanship. At…

Talaat Moustafa Group’s (TMG) SouthMed project recorded EGP 118bn in sales since the beginning of 2026, raising its cumulative sales to EGP 520bn since its launch, as the North Coast accounted for 33 percent of total sales among Egypt’s top 10 real estate developers during the first half of the…

Egypt is preparing to launch a fourth national drainage programme targeting the construction, rehabilitation and replacement of subsurface drainage networks across 1.4 million feddans, Water Resources and Irrigation Minister Hani Sewilam said. Sewilam instructed officials to accelerate preparations for the programme during a meeting reviewing the work of the Egyptian…

Egypt’s top 10 real estate developers recorded combined sales of approximately EGP 670bn in the first half (H1) of 2026, up from around EGP 651bn in H1 2025, representing a 2.9% year-on-year increase, according to a report by market research firm The Board Consulting. The top 10 developers recorded sales…

Egypt’s Ministry of Local Development and Environment is developing local climate action plans for Qena and Kafr El-Sheikh governorates through 2035, including adaptation and emissions-reduction projects that could be linked to international climate finance. Local Development and Environment Minister Manal Awad discussed the proposed plans during a virtual meeting with…