News

Egypt is targeting a rise in the private sector’s share of total investment to over 70% by 2030, Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said on Tuesday, following a 5.3% GDP growth rate in the first quarter of fiscal year (FY) 2025/26. The quarterly growth, which…

Housing and Development Properties (HDP), the real estate development arm of the Housing and Development Bank, has announced the launch of its new residential project, Grand Lane, in New Cairo, with total investments estimated at approximately EGP 50 billion. The project is being developed on an area of 98 feddans…

Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met with representatives of INCOME at the ministry’s headquarters in the New Administrative Capital to review the latest developments in the implementation of the Capital Medical City project, a major national initiative encompassing hospitals, educational institutions, and…

Egypt vaccinated 121,000 stray dogs and sterilised 8,311 others during 2025 as part of an expanding national strategy to manage stray populations through shelters and medical intervention, according to a government report. Prime Minister Mostafa Madbouly approved plans on Tuesday to expand the establishment of animal shelters across the country’s…

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir chaired the 37th meeting of the Ministerial Group for Industrial Development, attended by senior ministers and government officials. The meeting approved the issuance of three new licences to establish cement factories, each with a single production…

Samara Land Transportation Services Co., a subsidiary of Alturki Holding, announced on Tuesday the launch of an electric golf cart assembly manufacturing project in Saudi Arabia through a newly established joint venture with Raya Holding. The project combines Samara’s strong leadership and deep market presence in the Kingdom with the…

Soma Bay, Egypt — Sheraton Soma Bay Resort is proud to announce that it has been awarded the Egyptian Gender Equality Seal (EGES) during a distinguished ceremonial event attended by Counselor Amal Ammar, President of the National Council for Women. This prestigious recognition reflects the resort’s genuine and ongoing commitment…

CAIRO, Jan 19 (MENA) – Prime Minister Mostafa Madbouly held a meeting at the government’s headquarters in the New Capital Monday to review the latest developments in plans to revitalize the sugar companies affiliated with the Ministry of Supply and Internal Trade, as well as the status of upgrading and…