Egypt's first high-speed electric rail line will act as a "Suez Canal on rails" by providing a land link between the Red Sea and the Mediterranean, Transport Minister Kamel al-Wazir said on Wednesday.
During an inspection of the project's first (...)
The Al-Hamra petroleum port has commenced crude oil storage and trading for third parties as part of a strategy to transform the facility into a regional logistics hub, Egypt's Petroleum Minister Karim Badawi said on Wednesday.
The launch of the new (...)
As Egypt's real estate market continues to evolve, long-term operational efficiency and robust governance frameworks have emerged as decisive pillars in preserving asset value and sustaining competitiveness.
Industry leaders and policymakers (...)
Randa El-Menshawy, previously First Assistant to the Prime Minister for Follow-Up Affairs, has been appointed Minister of Housing, Utilities, and Urban Communities in the new cabinet, succeeding Sherif El-Sherbiny.
Her nomination reflects the (...)
Ahmed Kouchouk, Minister of Finance, said Egypt is seeking deeper economic integration with Türkiye that would enable joint manufacturing and exporting to global markets, highlighting the complementary nature of both countries' economic (...)
The Egyptian Tax Authority (ETA) recently participated in the annual tax conference hosted by Ernst & Young (EY) Egypt, a forum dedicated to exploring the latest shifts in tax policy. The event highlighted ongoing efforts to modernise Egypt's fiscal (...)
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir has conducted an extensive inspection tour to review progress on the first line of Egypt's High-Speed Train network.
The tour covered the section (...)
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced the launch of a new consultation platform designed to engage the business community in tax policymaking. The platform will enable the ETA to receive views and proposals from (...)
أعلنت مجموعة دارك جروب إطلاق مشروعها الجديد Crystal Alamein بمدينة العلمين الجديدة، باستثمارات تُقدَّر بنحو 500 مليون جنيه، وذلك ضمن خطتها للتوسع في مشروعات الشقق الفندقية بالسوق المصرية.
وقال الدكتور شريف كامل، رئيس مجلس إدارة المجموعة، إن المشروع (...)
Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny held a regular meeting to review progress on the Central Business District (CBD) project in the New Administrative Capital, as well as the Downtown Towers and Lagoons project in (...)
Egypt's tourism sector achieved a record performance in 2025, attracting around 19 million visitors, a 21 per cent increase over 2024, the Ministry of Tourism and Antiquities said Saturday.
Minister Sherif Fathy said the growth far exceeded the 5 (...)
Egyptian Prime Minister Mostafa Madbouly said on Sunday that national occasions represent a great opportunity to demonstrate love and closeness between the people of one nation, during a visit to St. Mark's Coptic Orthodox Cathedral in Abbasiya to (...)
Egypt has signed a $140 million long-term financing deal for the first phase of a metallic silicon and derivatives production complex in the New Alamein industrial park, the Ministry of Petroleum said Wednesday. The project is part of the Egyptian (...)
Egypt's New Alamein City Authority has received international ISO certification in crisis, risk, and quality management, becoming the first city authority under the New Urban Communities Authority (NUCA) to achieve the accreditation, the Ministry of (...)
Talaat Moustafa Group (TMG) has signed a construction contract worth approximately EGP 10bn ($200m) with Concrete Plus for Engineering and Construction to execute works at its South Med project on Egypt's northwestern coast.
The contract covers the (...)
Egypt has launched a unified digital platform, "Property Egypt," to facilitate real estate ownership for foreigners and Egyptians living abroad as a primary mechanism to increase foreign currency resources, Prime Minister Mostafa Madbouly said on (...)
Egypt's Ministry of Planning, Economic Development, and International Cooperation said Wednesday it had welcomed a technical delegation from the Islamic Development Bank (IsDB) in December to review the progress of major development projects across (...)
Prime Minister Mostafa Madbouly urged business leaders to "double" their investments in Egypt on Monday, citing the country's lowest trade deficit in a decade and record non-oil exports as evidence of a "vast and promising" economic (...)
Egypt's Minister of Investment and Foreign Trade Hassan El-Khatib inaugurated the Egypt-Qatar Business Forum, aimed at strengthening economic, trade, and investment relations between the two countries.
The forum was attended by Qatar's Minister of (...)
Finance Minister Ahmed Kouchouk began a community dialogue with the Federation of Chambers of Commerce on Wednesday, telling business representatives that the country's political leadership is committed to a "partnership of trust" with the private (...)
Egypt's Cabinet on Wednesday approved a golden licence for the Alamein for Silicon Products (ASP) to establish and operate a large-scale silicon production and purification plant in New Alamein City.
The project, covering 714,000 square metres, aims (...)
أعلنت مجموعة التنمية الصناعية (IDG)، الرائدة في إقامة وإدارة المناطق الصناعية المتطورة في مصر والمنطقة، عن إطلاق المجمع الصناعي e2 أكتوبر الجديدة بمدينة 6 أكتوبر الجديدة. وسيتم تطوير المشروع بتكلفة استثمارية قدرها 4.8 مليار جنيه وعلى مساحة 1.6مليون (...)
The New Urban Communities Authority (NUCA), chaired by Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, has approved a comprehensive package of urban-planning incentives designed to encourage real estate developers to adopt (...)
Industrial Development Group (IDG) has announced the launch of its newest industrial park, e2 New October, in New October City. With investments totalling EGP 4.8bn and spanning 1.6 million sqm, the project represents a significant step forward in (...)
Egypt's Finance Minister Ahmed Kouchouk on Wednesday unveiled a second package of tax reforms aimed at boosting investment, expanding the tax base, and streamlining procedures for businesses.
"The new package is designed to make the tax system (...)
