News

Cairo, 21 April 2026 – Madinet Masr (EGX code: MASR.CA) announced a new addition to its project “Tajed” in Taj City — the company’s first commercial development in New Cairo — with the opening of Carrefour, which Majid Al Futtaim owns the exclusive rights to operate in Egypt. With this…

CAIRO, April 20 (MENA) – Prime Minister Mostafa Madbouly said Egypt is in talks with several countries to establish logistics hubs for grain and oil storage, supply and trade, aiming to strengthen food security. Madbouly made the remarks during a meeting on Monday to review plans for establishing a global…

Oil and European natural gas prices surged after Tehran re-closed the Strait of Hormuz and fired on vessels following the US Navy’s seizure of an Iranian ship, halting all shipping traffic through the vital energy corridor. The turbulent weekend escalation saw Tehran re-impose restrictions on the waterway on Saturday, reversing…

Prime Minister Mostafa Madbouly convened a meeting this morning at the government headquarters in the New Administrative Capital with Finance Minister Ahmed Kouchouk and Petroleum Minister Karim Badawi to review efforts to secure a sufficient and stable strategic stock of petroleum products. The discussions focused on ensuring adequate financial allocations…

Keller Williams Realty (KW), one of the world’s largest real estate franchise networks by agent count, has announced its entry into the Egyptian market as part of its ongoing international expansion strategy. The company has awarded a master franchise in Egypt to a partnership between RED, co-founded by Khalid Bahig…

Biography, a subsidiary of El Attal Holding, has announced notable progress in the construction of its “101” residential project in Mostakbal City, following a media site visit organised to showcase on-ground developments. The company said construction and foundation works have exceeded 20% completion over the past four months, reflecting an…

Egypt has taken a further step towards strengthening its water infrastructure and industrial base, signing a memorandum of understanding (MoU) to develop, build, and operate a factory for producing seawater desalination membranes using reverse osmosis technology. The agreement was signed under the auspices of Randa El-Menshawy, Minister of Housing, Utilities…