News
Mazaya reports construction progress of up to 70% across New Capital projects
20+ hour, 28+ min ago (343+ words) Ahmed Shams, CEO of Mazaya Construction, said the company has achieved significant construction progress across its projects in Egypt's New Administrative Capital, with completion rates reaching nearly 70% on some developments. The update came during a site visit organised by Mazaya…...
Global Corp secures Egypt's largest mortgage securitization at EGP 3. 31bn
18+ hour, 34+ min ago (294+ words) Dailynewsegypt Ollin Mortgage Finance, a subsidiary of Global Corp, has finalized its second mortgage securitization bond issuance worth EGP 3. 31bn, following approval from the Financial Regulatory Authority (FRA). The issuance was executed under the company's third securitization program and structured across…...
Egypt launches initiative to support cotton-based SMEs, strengthen production clusters
18+ hour, 40+ min ago (383+ words) The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has launched the "Egyptian Cotton Festival" initiative in cooperation with Cairo Governorate and in collaboration with the Egyptian Marketing Studies Foundation, aiming to support micro, small and medium enterprises (MSMEs) and…...
Egypt finalises preparations to host 2, 000 athletes for African university games in August
18+ hour, 48+ min ago (285+ words) Egypt has completed logistical preparations to host 2, 000 athletes from 25 countries for the 12th Federation of Africa University Sports (FASU) Games this August, the Ministry of Higher Education and Scientific Research announced. The Cairo 2026 games, scheduled for August 9 to 16, will feature competitions…...
IMKAN Misr Signs Mo U with AASTMT to Allocate 45 Feddans within Alburouj - Dailynewsegypt
19+ hour, 4+ min ago (310+ words) IMKAN Misr announced the signing of a Memorandum of Understanding with the Arab Academy for Science, Technology and Maritime Transport to allocate 45 feddans within Alburouj in New Heliopolis for the establishment of a new campus for the Academy, reflecting both…...
Planning minister, CAPMAS chief review final preparations for 2027 national census - Dailynewsegypt
19+ hour, 20+ min ago (346+ words) Ahmed Rostom, Minister of Planning and Economic Development, met with Akram El Gohary, head of the Central Agency for Public Mobilization and Statistics (CAPMAS), to review final preparations and the latest developments related to the implementation of the 2027 General Census…...
Egypt, Rwanda explore joint water projects, capacity building
18+ hour, 45+ min ago (226+ words) In a statement, Egypt's Ministry of Water Resources and Irrigation said Minister Hani Sewilam received the Rwandan delegation participating in meetings held in Cairo from May 11-14 to review progress in implementing a bilateral memorandum of understanding on water cooperation. Sewilam…...
Egypt, T'rkiye's Barox partner to localise hyperbaric device manufacturing
19+ hour, 17+ min ago (187+ words) Egypt's Minister of State for Military Production, Salah Gamblat, witnessed the signing of a cooperation protocol between the National Authority for Military Production and Barox, the Turkish company specialising in hyperbaric oxygen therapy systems. Gamblat said the agreement reflects the…...
Private equity firm DPI targets new investments in Egypt amid regional hub push
19+ hour, 28+ min ago (318+ words) Africa-focused private equity firm Development Partners International (DPI) plans to increase its investments in Egypt and is exploring potential project partnerships with the Sovereign Fund of Egypt, the Ministry of Investment and Foreign Trade said. The announcement followed discussions regarding…...
Trump again signals military option against Iran amid Hormuz tensions
19+ hour, 1+ min ago (466+ words) U. S. President Donald Trump again hinted at possible renewed military escalation against Iran as tensions rise in the Gulf and the Strait of Hormuz despite ongoing diplomatic contacts and efforts to preserve a fragile ceasefire between the two sides. The post…...