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Madinet Masr Celebrates Orange Corners Egypt 2024 Graduates, Empowering Youth and Startups

Posted on سبتمبر 1, 2025 by doha

Celebrating the 2024 Graduating Cohort of Orange Corners Egypt

As part of its ongoing mission to support youth empowerment and entrepreneurship in Egypt

Madinet Masr (EGX MASR CA) celebrated the graduation of the 2024 cohort of Orange Corners Egypt

a key initiative promoting sustainable business development across the country

Backed by the Kingdom of the Netherlands and implemented under the auspices of Egypt’s

Ministry of Planning, Economic Development, and International Cooperation, the programme continues

to play a vital role in enabling young Egyptian entrepreneurs to launch and scale innovative businesses

particularly in the Delta and Upper Egypt regions

Madinet Masr: Strategic Partner for Sustainable Growth

For the second consecutive year, Madinet Masr has served as a strategic private-sector partner

in Orange Corners Egypt The company’s support includes funding, mentorship, and hands-on training

in alignment with its CSR and sustainability strategy, Cultivating Communities This initiative aims to nurture

local talent, drive inclusive economic growth, and build a more resilient entrepreneurial ecosystem throughout

the country Present at the graduation event were

Eng Abdallah Sallam, President and CEO of Madinet Masr

Dena Habib, Vice President of Corporate Relations, Madinet Masr

Dalia El Nazer, Business Development Director, Outreach Egypt the programme’s implementation partner

Empowering 130+ Startups Across Egypt

The 2024 Orange Corners Egypt cohort supported over 130 early-stage startups and growing businesses

with 100 in the Delta (including Alexandria, Dakahlia, Beheira, Menoufia, and Kafr El Sheikh), and 30 in Upper

Egypt These startups operate across vital sectors such as

Agriculture and agri-tech

Creative industries

Waste management

Climate-smart and green solutions

By providing access to funding, tailored training, and mentoring, the programme enables young

entrepreneurs to convert ideas into scalable, impact-driven businesses

Driving National Development and SDG Alignment

Aligned with Egypt Vision 2030 and the UN Sustainable Development Goals, the Orange Corners

Egypt programme emphasizes gender equality and job creation With more than 50% female participation

the programme supports SDG 5 by empowering women-led businesses to contribute to national economic

growth Each startup is projected to generate 2–5 new jobs, contributing to a cumulative goal of over

3,000 jobs across all programme cohorts

Quotes from Key Stakeholders

H E Peter Mollema, Ambassador of the Kingdom of the Netherlands in Egypt, stated

At the heart of the partnership between the Netherlands and Egypt is a shared belief in the power

of youth and entrepreneurship Through Orange Corners, we proudly support young Egyptians

especially women in building businesses that foster a sustainable and prosperous future

Eng Abdallah Sallam, CEO of Madinet Masr, commented

“We see youth as the drivers of inclusive, sustainable development. Our partnership with Orange

Corners supports scalable startups that not only create jobs but deliver real social and economic value

By investing in human capital and offering mentorship, Madinet Masr is proud to shape the future of Egypt’s

innovation economy

Orange Corners: A Global Initiative Supporting Local Impact

Launched in Egypt in 2021 as part of a broader global initiative by the Kingdom of the Netherlands

Orange Corners Egypt is implemented through Outreach Egypt in collaboration with private sector

partners and the Embassy of the Netherlands in Cairo

This initiative integrates youth into Egypt’s entrepreneurial ecosystem, enabling them to become agents

of change across diverse industries while supporting national and global development goals

In 2025 alone, 30 startups from Upper Egypt graduated in February and July, each receiving a €4,000 grant

from the Orange Corners Innovation Fund to continue scaling their businesses

Conclusion: Madinet Masr Champions Egypt’s Youth and Sustainable Future

With its long-term commitment to sustainable urban development, Madinet Masr’s support for Orange

Corners Egypt illustrates the power of public-private partnerships in transforming Egypt’s entrepreneurial

landscape By investing in youth, innovation, and inclusive growth, the company is not just building cities

but building a stronger, more resilient Egypt

ARABCO Developments Announces New Project Launch in Golden Square, New Cairo

Posted on أغسطس 31, 2025 by doha

ARABCO Developments, a prominent player in the real estate sector, has announced

its upcoming launch of a new real estate project in the highly sought-after Golden Square

area in New Cairo’s Fifth Settlement This move is part of the company’s strategic expansion plan

and reflects its ongoing confidence in the Egyptian real estate market

Strategic Location in a Thriving Real Estate Hub

According to Eng Mohamed Ouf, Chairman of ARABCO Developments, the choice of Golden Square

New Cairo for the new development was driven by the area’s rising demand for integrated real estate

projects The new launch aims to meet market expectations with a combination of prime location

innovative design, and high construction quality Ouf emphasized that this upcoming project will

be a valuable addition to ARABCO’s diverse project portfolio, designed to match the aspirations of modern

clients while reflecting the company’s long-standing expertise in real estate development

Over 32 Years of Regional Experience

ARABCO Developments has been operating in Dubai for over 32 years, gaining recognition through its

Unlimited Floors classification the highest in the region With a successful track record, the company

has delivered over 300 projects in Dubai alone In Egypt, ARABCO began its operations in 2016 and has

since completed around 100 real estate projects, reinforcing its presence as a trusted developer in the

Egyptian property market

Diverse Portfolio: Residential, Commercial, and Administrative Projects

The company’s growing portfolio includes a variety of residential towers, commercial malls

and administrative buildings, showcasing its ability to deliver integrated real estate solutions that

address evolving market needs Among its most notable projects is the nearly completed Livelli Mall

which is progressing significantly ahead of its construction schedule Another major development is

the Cattleya Compound, which is currently advancing steadily in its construction phase

Commitment to Quality and Timely Delivery

Eng Ouf reiterated ARABCO Developments’ commitment to delivering all projects and units on time and

in accordance with the highest quality standards, further strengthening the company’s position as a reliable

and innovative real estate developer across Egypt and the Arab region ARABCO Developments announces

a new real estate project in Golden Square, New Cairo, expanding its presence in Egypt’s real estate market

with over 32 years of regional experience and a portfolio of residential, commercial, and administrative projects

OPPO Photography Awards 2025 Empower Egyptian Creators to Capture Life’s Moments

Posted on أغسطس 31, 2025 by doha

OPPO Egypt has officially launched the OPPO Photography Awards 2025

a nationwide smartphone photography competition designed to celebrate creativity

and empower a new generation of visual storytellers Guided by its global philosophy

“Make Your Moment”, OPPO invites participants to embrace the present, express themselves

and turn fleeting everyday moments into unforgettable stories all through the lens of an smartphone

A Creative Journey Through Eight Inspiring Photography Categories

Running under the theme “Super Every Moment”, the 2025 edition of the OPPO Photography

Awards offers eight unique categories that highlight the richness of everyday life

Super Spontaneous Moment

Super Youthful Moment

Super Life Moment

Super Connection Moment

Super Portrait Moment

Super Joyful Moment

Super Storytelling Moment

Super Environs Moment

Each category provides participants a chance to share their creativity, emotions, and vision

capturing the extraordinary in the ordinary through smartphone photography

How to Enter the OPPO Photography Awards 2025 in Egypt

Photography enthusiasts can participate in the OPPO Egypt photography contest through two simple methods

Upload entries on the official POPO Photography Awards website, including a title and a short story behind the image

Post publicly on social media platforms using the hashtags

To qualify, all entries must be submitted during the competition period, which runs from

August 15 to November 20, 2025

Exclusive Prizes: Win the New Reno 14 and Go Global

A total of 10 winners will be selected, each receiving the latest OPPO Reno 14 smartphone

engineered for exceptional mobile photography performance Moreover, winners will gain automatic

entry into OPPO’s global photography competition, unlocking international exposure and recognition

in the creative community

A Platform for Creativity, Connection, and Expression

Speaking about the initiative, Raghda Amer, PR Manager at OPPO Egypt, stated

we believe creativity belongs to everyone Our smartphones are more than just devices

they’re a canvas for self-expression, a way to preserve memories, and a tool for telling meaningful stories

With the Photography Awards 2025, we are giving people a platform to share their perspective

and connect with the world around them

This competition aligns with global mission

Technology for Mankind, Kindness for the World”, which guides the brand’s commitment

to creating human-centered innovations continues to integrate social responsibility

and sustainability across all aspects of its operations, from supporting young talents to driving

positive societal impact through technology

Capture the Moment Share the Story Inspire the World

Because the most impactful stories aren’t made by waiting they’re made by capturing real moments

feeling the emotion, and sharing it with the world The Photography Awards 2025 is not just a

competition it’s an opportunity to turn everyday life into lasting inspiration

New Jersey Developments Completes Third Phase of Green Avenue Project in New Administrative Capital

Posted on أغسطس 28, 2025 by doha

New Jersey Developments has officially completed the delivery of the third phase

of its flagship real estate project, Green Avenue, located in the prestigious R7 district of the

New Administrative Capital This achievement highlights the company’s unwavering commitment

to client satisfaction and excellence in real estate development

Strategic Vision Centered on Client Priorities and Quality Living

Eng Girgis Youssef, Chairman of New Jersey Developments, emphasized that the successful

completion of the third phase aligns with the company’s core strategy of prioritizing clients

He stated that Green Avenue embodies the company’s vision to develop fully integrated residential

communities that offer maximum investment value and a superior quality of life

Ongoing Progress on Fourth Phase with On-Schedule Delivery

Eng Youssef also revealed that the fourth phase of the Green Avenue project is progressing

at a significant pace The company remains committed to ensuring its timely completion and delivery

maintaining high standards despite market challenges

Prime Location and Modern Architectural Design Enhance Project Appeal

Green Avenue stands out for its modern architectural design combining elegance with practical

functionality The project includes not only residential units but also a commercial component and

a variety of premium amenities to ensure residents enjoy a comprehensive lifestyle experience

Situated in the prime R7 district, Green Avenue faces the university and the popular tourist promenade

with proximity to key landmarks such as the Green River, Grand Mosque, Cathedral, Al Masa Hotel

the Government District, Diplomatic District, and the Presidential Palace all contributing to its strategic

and attractive location

Reinforcing Market Leadership in the New Administrative Capital

This continued commitment to quality execution and on-time delivery solidifies New Jersey Developments

reputation as a leading real estate developer in the New Administrative Capital The company’s projects

are synonymous with quality, reliability, and client trust, with customer satisfaction serving as the foundation

of its ongoing growth and future plans

Aligning with Urban Growth and Increasing Occupancy Rates

Eng Youssef highlighted the rapid urban development within the New Administrative Capital and the rising

occupancy rates as key factors driving New Jersey Developments to accelerate construction across its portfolio

This approach aligns closely with the Administrative Capital for Urban Development’s strategy to increase

occupancy and stimulate sustainable urban growth

Huawei Egypt Expands ICT Education with New Support Center in Collaboration with Arab Academy

Posted on أغسطس 28, 2025 by doha

In a strategic move to advance digital transformation in Egypt, Huawei Egypt, a global leader

in ICT infrastructure, has signed a cooperation protocol with the Arab Academy for Science

Technology and Maritime Transport (AASTMT) to establish the Huawei ICT Academy Support

Center (IASC) The announcement was made during the First Annual Arab AI Forum

The newly established IASC will serve as a comprehensive platform to support existing and

emerging Huawei ICT Academies across Egypt It aims to provide cutting-edge ICT training

foster technical talent, and drive forward Egypt’s Vision 2030 for comprehensive digital development

High-Level Ceremony Witnessed by Regional Leaders

The agreement was signed in the presence of key regional and governmental figures

including H E Dr Ahmed Aboul Gheit, Secretary-General of the League of Arab States

and H E Dr Amr Talaat, Egypt’s Minister of Communications and Information Technology

Signing on behalf of the two institutions were Mr Dou Yong, Senior Vice President of Huawei

Technologies, and Professor Ismail Abdel Ghaffar, President of AASTMT The event also featured

Dr Khaled Hanafy, Secretary-General of the Union of Arab Chambers, and Eng Asmaa Serag, Managing

Director of Huawei ICT Academy Egypt

A Strategic Leap Toward Egypt’s Vision 2030

As part of Huawei’s broader efforts to strengthen ICT education in Egypt, the IASC will support

the day-to-day operations of Huawei ICT Academies, facilitate the establishment of new centers

and develop skilled ICT professionals to meet the evolving demands of the digital economy

Professor Ismail Abdel Ghaffar stated This partnership with Huawei Egypt reflects our shared mission

to invest in human capital and prepare young Egyptian talent to meet the challenges of the Fourth

Industrial Revolution The IASC will provide internationally accredited training programs that open

new career pathways for students He added that this initiative will significantly contribute to Egypt’s

Vision 2030 by enhancing the Academy’s position as a leading research and educational institution

in the Arab region

Huawei Egypt: 25 Years of Digital Partnership in Egypt

Mr Dou Yong, Senior VP at Huawei Technologies, commented

For over 25 years, Huawei has played a vital role in supporting Egypt’s digital journey—from expanding

network infrastructure to empowering youth with next-gen ICT skills With the launch of the Huawei ICT

Academy Support Center, we are deepening our commitment to education, innovation, and long-term ICT

talent development The IASC is envisioned as a hub that will help Egyptian students obtain globally

recognized ICT certifications, thusenhancing their employability in local and international markets

Huawei Egypt: Showcases AI Vision During Arab AI Forum

During the forum’s second panel discussion, titled The Role of the Arab Private Sector in Advancing

the Arab AI Initiative, Huawei reinforced its support for AI integration across the region Eng

Medhat Mahmoud, Chief of Digital Transformation for Northern Africa at Huawei Enterprise

highlighted how artificial intelligence in Egypt is transforming key sectors like healthcare, education

energy, and finance He outlined Huawei’s three-pillar approach to AI adoption

Launching Egypt’s first Huawei-built public cloud to power AI innovation Customizing AI solutions

for local industries Building digital talent pipelines through programs such as the Huawei ICT Talent Bank

He emphasized the importance of localizing AI technologies to reflect the region’s unique values and cultural context

Huawei’s Ongoing Investment in Digital Talent

Huawei Egypt impact in Egypt is already substantial, having trained over 50,000 ICT professionals through its

ICT Talent Bank Moreover, the company has supported tens of thousands of developers in leveraging

the power of Huawei Cloud to innovate and grow With the launch of the IASC, Huawei is doubling down

on its long-term commitment to strengthening Egypt’s digital ecosystem, fostering local innovation

and preparing the next generation of tech leaders for a future driven by AI and emerging technologies

A Step Forward for Egypt’s Digital Future

The Huawei-ARSTMT collaboration marks a pivotal advancement in ICT education in Egypt, positioning

the country as a regional leader in AI integration and digital transformation Through this initiative

both institutions reaffirm their dedication to empowering youth and achieving sustainable development

through technology-driven learning

Saxony Egypt University Partners with GB Corp to Bridge Classroom and Industry at its Automotive Mechatronics Technology Program

Posted on أغسطس 27, 2025 by aberabozaher

In a landmark move to advance technical education in Egypt, Saxony Egypt University (SEU), a partnership between CIRA Education and Al Ahly Capital, has signed a landmark agreement with GB Corp, one of Egypt’s leading automotive companies, to provide practical, real-world expertise to SEU’s Automotive Mechatronics Technology Program, housed under the university’s Faculty of Mechanical Engineering Technology.

Saxony Egypt

The partnership will see GB Corp integrating industry expertise with SEU’s academic excellence to prepare students for the evolving demands of the automotive sector. The signing ceremony took place at SEU’s campus on August 26.

The collaboration leverages GB Corp’s extensive experience in automotive manufacturing and its vocational training subsidiary, GB Academy. Through this partnership, SEU students will gain direct access to GB Corp’s technical workshops and factories, ensuring practical exposure alongside theoretical learning.

Under the agreement, GB Corp will open its technical workshops and affiliated facilities to SEU students, enabling them to conduct hands-on training and practical studies in real-world industrial environments. While SEU will retain full responsibility for curriculum development, it will collaborate closely with GB Corp to ensure alignment with industry standards and the readiness of training facilities. Additionally, graduates of GB Academy’s technical diplomas will receive priority admission to SEU, creating a streamlined pathway from secondary education to university and career readiness.

“SEU is proud to pioneer a model where education meets real-world application,” added Dr. Mohamed Abdel Rahman, President of SEU. “Partnering with GB Corp ensures our students gain world-class training and direct exposure to the operations of one of Egypt’s most advanced industrial institutions. GB Corp’s involvement enables our students graduate with not just degrees, but the expertise demanded by top employers.”

Rüdiger School, President of SIS Middle East, said “We are proud to see this model of applied education come to life, which aligns with our philosophy of providing students not just with knowledge, but with tangible skills that open real career opportunities. From school to university to career, this partnership closes the loop, offering students a seamless pathway into high-growth industries, reflecting Saxony’s forward-thinking approach.”

“As leaders in Egypt’s automotive sector, we recognize the urgency of skilled talent development,” commented Dr. George Sedky, Chief Human Resources Officer of GB Corp. “Through this collaboration, we are opening GB Academy training facilities and resources to nurture young talent.

It is part of our ongoing mission to empower Egypt’s youth with practical skills and to contribute to the sustainable growth of the automotive industry. With the experience of the Academy and our long-standing presence in the industry, we are proud to support SEU in building the next generation of highly qualified automotive specialists.”

LMD: Interest Rate Reduction Set to Enhance Investment Appeal and Revitalize Egypt’s Real Estate Market

Posted on أغسطس 27, 2025 by aberabozaher

With expectations that the Central Bank of Egypt will reduce interest rates by 100 basis points at its upcoming meeting on August 28, 2025, Landmark Developments (LMD) forecasts a wave of growth and renewed momentum in the country’s real estate sector. The anticipated cut is set to ease financing costs, strengthen purchasing power, and create a more dynamic market environment.

LMD

LMD emphasized that a strategic rate reduction of this scale would significantly boost Egypt’s overall appeal to both local and international investors, and provide new momentum for economic development, all while reinforcing real estate’s position as a key engine of economic growth.

Commenting on the outlook, Mohamed Abdel Monam, Chief Financial Officer (CFO) and Board Member of Landmark Developments (LMD), explained: “Lower interest rates will give developers greater flexibility to launch new projects, instill stronger investor confidence, and encourage more buyers to step into the residential and commercial markets.”

Abdel Monam went on to add: “At LMD, we expect this move to create genuine opportunities to invigorate the property market and boost demand across our projects.

This aligns with our long-term vision of developing integrated communities that complement Egypt’s aspirations and support the national economy, which has already achieved remarkable growth, driven by government efforts in trade, industry, and agriculture. These efforts have strengthened exports, balanced the payments position, stabilized the exchange rate, and lowered the U.S. dollar, leading many Egyptian and international investors to adopt a positive view of Egypt’s economy.”

This outlook comes as Egypt’s annual urban inflation rate slowed to 13.9% in July, down from 14.9% in June, alongside signs of exchange rate stability and improved foreign currency inflows. The Central Bank had already cut rates in April (2.25%) and May (1%) before holding them steady in July. These measures have helped ease financing burdens for investors.

Beyond that, market experts believe these developments will support the real estate sector by reducing borrowing costs and encouraging investment. They also point to the strong support provided by Egypt’s banking sector and major financing institutions, which continue to play a critical role in advancing one of the country’s most vital industries. Analysts expect the market to further recover toward the end of 2025 as the currency stabilizes and demand for housing rises.

Landmark Developments (LMD) reaffirmed its commitment to supporting the state’s efforts to enhance the investment climate and to develop integrated projects that reflect the strength of Egypt’s real estate market and its capacity for sustainable growth.

Realme Launches Industry-First 15,000mAh Battery and Innovative Cooling Phone on 7th Anniversary

Posted on أغسطس 27, 2025 by doha

Realme, the fastest-growing smartphone brand worldwide, marks its 7th anniversary

by unveiling two groundbreaking products designed to meet the demands of today’s tech

savvy users the 15,000mAh Ultra-High-Density Battery and the revolutionary realme Chill Fan Phone

equipped with an integrated cooling system

15,000mAh Ultra-High-Density Battery: Setting New Standards in Smartphone Power

The newly introduced 15,000mAh Ultra-High-Density Battery represents a milestone in battery

engineering, featuring cutting-edge 100% full silicon anode technology This innovation achieves

an unprecedented energy density of 1200 Wh/L, the highest ever recorded in a smartphone battery

This advanced battery technology offers users exceptional flexibility, delivering up to 4 days of average

usage, 18 hours of continuous video recording, and 53 hours of video playback Moreover, it combines

high capacity with a slim and ergonomic design, making it ideal for power users engaged in extended

gaming sessions, content creation, and travel

Realme’s Legacy of Battery Innovation and Fast Charging Excellence

Realme has consistently led the smartphone industry in battery technology and fast charging

innovations In 2024, the company launched the 320W SuperSonic Charging System, capable

of charging a 4,420mAh battery fully in just 4 minutes and 30 seconds. Earlier the same year

realme introduced the world’s first smartphone to combine a 7,000mAh battery with 120W fast

charging in the realme GT 7 Additionally, three months ago, realme showcased a concept phone

featuring a 10,000mAh battery with a high energy density of 887 Wh/L

The First Smartphone with Integrated Cooling for Peak Performance

The second highlight of realme’s anniversary celebration is the launch of the Chill Fan Phone

an innovative solution addressing smartphone overheating especially crucial for gamers and heavy users

Equipped with a built-in miniature fan combined with a thermoelectric cooler (TEC) a technology previously

used only in external cooling devices this phone acts like a mini air conditioner, reducing the device’s

internal temperature by up to 6°C during intensive use

This advanced cooling system ensures sustained peak performance during prolonged gaming, enabling users

to enjoy over 20 major mobile games such as Honkai Star Rail and Genshin Impact at high frame rates

without performance throttling or lag, delivering a smooth and immersive gaming experience

Designed for the Dynamic Lifestyle of Today’s Youth

Both innovations reflect realme’s deep understanding of the “always-on” lifestyle of modern

users who engage in streaming, gaming, travel, and content creation without interruptions

The 15,000mAh battery effectively eliminates the frustration of mid-game shutdowns, while

the Chill Fan Phone ensures consistent performance by preventing overheating during

long usage periods Together, these cutting-edge technologies underscore realme’s commitment

to being the “coolest” smartphone brand globally, serving over 300 million active daily users worldwide

SUD Partners with Vodafone Business to Deliver Smart City Solutions Across Its Developments

Posted on أغسطس 27, 2025أغسطس 27, 2025 by maryem

In a strategic move to enhance its smart urban development strategy, Safwa Urban Development (SUD) has signed

a partnership agreement with Vodafone Business to implement Smart City Solutions across all its current and future projects.

The agreement was officially signed by Eng. Ali Shalaby, Board Member at SUD, and Mr. Haytham Anwar, Business

Complexes Senior Manager at Vodafone Egypt, marking a milestone in SUD’s journey towards full digital

transformation and next-generation urban living.

SUD’s Vision for Smart Urban Communities

Eng. Ali Shalaby emphasized that the collaboration reflects SUD’s commitment to integrating

state-of-the-art smart city technologies into its developments, in line with Egypt’s national vision

for building smart, sustainable cities.

“Our collaboration with Vodafone Business enables us to deliver cutting-edge technology

solutions while providing ongoing technical and operational support to ensure the best performance

of digital infrastructure across all our developments,” said Shalaby.

He added, “We aim to build integrated urban communities that are smarter, more efficient, and aligned

with the expectations of today’s tech-driven generation.

Our projects are crafted to merge quality, innovation, and advanced technology—making them the top choice

for both residents and investors seeking modern, high-end real estate.”

Vodafone Business: Enabling Smart Infrastructure in Real Estate

Through this partnership, Vodafone Business will offer a wide range of smart technology solutions, including:

High-speed and reliable telecom infrastructure

Smart security and surveillance systems

Energy management and IoT-based facility solutions

Real-time digital monitoring and support

These solutions are designed to enhance operational efficiency, safety, and convenience across SUD’s residential,

commercial, and mixed-use developments.

Value for Residents and Investors

This collaboration goes beyond technical implementation—it establishes a dynamic and responsive smart

environment that evolves with the needs of its users.

By leveraging Vodafone’s expertise, SUD will:

Improve residents’ quality of life through automation and connectivity

Ensure faster, smarter services and real-time responses

Attract long-term investors looking for high-tech, future-ready communities

Increase property value by integrating smart city solutions from day one

About Safwa Urban Development (SUD)

With a proven track record of delivering premium real estate projects in Egypt, SUD continues to lead

in integrating technology and innovation within urban planning.

Its developments offer residents and investors a lifestyle defined by quality, security, and modern infrastructure.

Explore more: SUD’s Official Website

About Vodafone Business Egypt

Vodafone Business is a global leader in telecommunications and smart enterprise solutions, offering

services that empower businesses across all sectors to thrive in a digital economy.

In Egypt, Vodafone Business is at the forefront of enabling smart cities, IoT, and connected infrastructure

across multiple industries.

Mohamed Mansour on New Alamein A Leading Hub for Real Estate and Tourism Investment

Posted on أغسطس 27, 2025 by doha

Mohamed Mansour, Chairman of Al Oula Developments, affirmed that the Egyptian government

has played a pivotal role in rapidly advancing the development of New Alamein City with exceptional

implementation rates He emphasized that these accomplishments reflect the state’s strategic vision

for urban expansion and the sustainable development of the Northwest Coast

Speaking at the Mediterranean Investment Gateway (MIG) Forum, Mansour noted that New Alamein

and the wider Northwest Coast have emerged as some of the most promising hubs for real estate and

tourism investment in Egypt, attracting interest from both local and international investors

This is driven by the diverse and promising investment opportunities available across the region

New Alamein: Fourth-Generation Cities Driving Egypt’s Urban Boom

Mansour highlighted the critical role of fourth-generation cities in propelling Egypt’s urban development

pointing to the extensive infrastructure projects being undertaken by the state in these areas He explained

that these cities represent the future of urban growth in Egypt, characterized not merely by physical expansion

but by fully integrated developments incorporating modern technology, artificial intelligence (AI), and sustainability

principles These advancements enhance the quality of life for residents and significantly boost the competitiveness

of Egypt’s real estate market on both regional and global levels

Al Oula Developments’ Expansion Plans in West Cairo

During his speech, Mansour reviewed Al Oula Developments’ portfolio in West Cairo

highlighting the company’s successful completion of multiple high-quality projects tailored

to diverse client needs He affirmed that these projects align with the company’s strategic vision

to expand into promising districts that complement the government’s broader urban development goals

Mohamed Mansour’s insights at the MIG Forum reinforce the growing significance of New Alamein and the

Northwest Coast as epicenters of sustainable urban development and investment in Egypt The integration

of smart technologies and infrastructure investments positions these regions as attractive destinations for

both real estate and tourism sectors, supporting Egypt’s long-term economic growth

PALM Launches Egypt’s First Savings App with Zero Fees and Daily Returns

Posted on أغسطس 27, 2025أغسطس 27, 2025 by doha

PALM, Egypt’s first goal-based and incentivized saving app, has officially launched after

securing its Portfolio Management License from the Financial Regulatory Authority (FRA)

This regulatory milestone allows PALM to directly manage individual investments, making

it the first digital investment platform in Egypt to offer professional portfolio management

to everyday users through a single, easy-to-use application The launch follows PALM’s successful

pre-seed funding round led by 4DX Ventures, with participation from Plus VC and global angel investors

marking a pivotal step in PALM’s mission to revolutionize personal finance in Egypt

A Smart Saving and Investment App Designed Around Personal Goals

The PALM app provides users with a personalized, seamless way to save and invest toward

life goals such as education, marriage, buying a car or home, or traveling As the first goal-based

saving app in Egypt, it combines customized investment plans with daily competitive returns

full fee exemption (zero deposit, withdrawal, and transaction fees), and real-life rewards tied to user milestones

PALM also offers saving plans integrated with top merchants across sectors like healthcare, electronics, appliances

and travel, giving users exclusive discounts as they save

Features That Put Egyptian Users First

Users can

Create and manage multiple saving goals simultaneously

Choose between flexible or locked saving plans

Opt for Sharia-compliant investment options only

Track daily returns, investment growth, and merchant benefits

Instantly fund goals via InstaPay or bank transfers

Redeem savings directly with partner merchants or withdraw to bank accounts

With daily progress tracking, automated saving tools, and behavioral nudges, PALM helps users

stay motivated and on track to meet their goals—making it one of the best saving apps in Egypt

Safe, Regulated, and Diversified Investments

PALM invests customer funds in a range of secure, regulated financial products, including

Gold

Treasury bills and government bonds

Shares of Egyptian companies traded on the EGX (Egyptian Stock Exchange)

All assets are custodied in local Egyptian banks, and all financial instruments comply with strict

regulatory standards, ensuring maximum security and transparency for users

Founders: Making Investment Easy, Rewarding, and Accessible for All

Mazen El Kerdany, Co-Founder and CEO of PALM, stated

“For the first time, Egyptians can experience a seamless, goal-based saving journey backed

by professional portfolio management Getting the FRA license is not just regulatory—it’s a validation

of our mission to democratize smart investing He continued

We want users to treat investing like a part of their everyday life. Whether saving for a wedding

or a child’s education, we’re giving them tools to grow their money and spend smarter, all in one app

Ahmed Ashour, Co-Founder and Chief Business Officer, added

People are either losing money trying to invest alone, or watching their savings lose value in idle accounts

We built PALM to change that making financial services once reserved for the wealthy available to all Egyptians

He emphasized that PALM helps users

Save towards personal dreams

Spend more intelligently

Receive tangible value from their money

With our exclusive merchant discounts and accessible saving options, we’re helping users make

the most out of every Egyptian pound

A New Future for Personal Finance in Egypt

The launch of PALM’s goal-based saving and investment platform signals a major leap forward

in the digital financial services sector in Egypt. By providing incentivized saving, daily returns

and highly personalized investment options, PALM is redefining what it means to manage money

in a smart, meaningful, and impactful way Now available for download on the App Store and Google Play

the PALM app is set to become Egypt’s leading saving and investment app—empowering individuals to save

better, invest smarter, and live the lives they aspire to

Record Flows of USD 36.5 Billion from Remittances of Egyptians Abroad During FY 2024/2025

Posted on أغسطس 26, 2025 by aberabozaher

The FY 2024/2025 witnessed record flows of USD 36.5 billion from remittances of Egyptians working abroad, up by 66.2% (compared to around USD 21.9 billion during FY 2023/2024).

Record Flows of USD

Likewise, remittances during the last quarter of FY 2024/2025 (April/June 2025) rose by 34.2% YOY to record around USD 10.0 billion (compared to about USD 7.5 billion during April/June 2024).

On a monthly basis, remittances during June registered the highest monthly level ever recorded, up by 40.7% YOY to reach around USD 3.6 billion (against about USD 2.6 billion in June 2024).