رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

Egyptian Workers’ Remittances Soar 49.7% to $23.2 Billion in First Seven Months of 2025

Significant Growth in Remittances Boosts Egypt’s Economy

Remittances sent by Egyptians working abroad surged by an impressive 49.7% during

the first seven months of 2025, reaching approximately $23.2 billion, compared to about $15.5

billion recorded in the same period of 2024 This substantial increase underscores the vital role

of remittances in supporting Egypt’s economy and foreign currency reserves

July 2025 Records Highest Monthly Remittances Ever

Egyptian Workers In July 2025 alone, remittances hit a record monthly high of around $3.8 billion, marking a 26.3%

increase compared to July 2024’s $3.0 billion This milestone highlights the steady upward trend in

inflows, which continues to strengthen the financial stability of millions of Egyptian families dependent

on income from abroad

Egyptian Workers: Key Drivers Behind the Rise in Remittances

Egyptian Workers Experts attribute this growth to several factors, including increased overseas employment

opportunities for Egyptians, improved digital transfer platforms, and government initiatives

aimed at facilitating remittance flows These factors collectively enhance the ease and speed

of money transfers, benefiting both senders and recipients

Remittances as a Pillar of Egypt’s Economic Growth

Remittances from Egyptians abroad remain a critical source of foreign currency, playing a pivotal

role in supporting domestic consumption, investment, and the balance of payments. The steady

rise in remittance volumes signals growing confidence among the Egyptian diaspora and their

commitment to supporting their families and the national economy

Cityscape Egypt 2025: Retail Sector Positioned for Growth as Consumer Trends Shift

 At the Cityscape Egypt 2025 Summit, a key panel discussion

titled “The Retail Goldmine | Exploring Egypt’s True Potential for Retail – Understanding Gaps,

Opportunities for Investors and Outlook” spotlighted the promising future and persistent challenges

of the Egyptian retail sector, one of the country’s most dynamic economic engines

With Egypt representing the largest consumer market in the Arab world — and nearly 60% of its

population under the age of 30 the session emphasized how retail continues to dominate over 50% of

the domestic market, even as e-commerce in Egypt accelerates its footprint

Youth-Driven Market with Expanding Investment Opportunities

Moderated by Nihal El Koussi, Managing Director of North Africa and Levant at NielsenIQ

the panel featured top industry leaders including

Rasha Azab, Managing Director – Shopping Malls, Majid Al Futtaim Properties, Egypt

Ahmed Badrawi, Executive Vice-Chairman, Marakez (Fawaz Al Hokair Group)

 Cityscape Mohamed Galal, Chairman and Founder, TSM

All speakers agreed that retail in Egypt presents compelling investment opportunities,

particularly as urban expansion fuels demand in food, entertainment, and mixed-use developments

Retail Sector in Egypt Set for 11% Growth Over Four Years

 Cityscape Speaking during the panel, Rasha Azab projected that the Egyptian retail sector will see 11% growth

through 2029, while the food sector in Egypt is expected to expand by 4% over the next seven years

She highlighted that Majid Al Futtaim currently operates nearly three million square meters of retail space

in Egypt, with a focus on transforming malls into fully integrated lifestyle destinations

“Malls today are more than shopping spaces — they’re experience centers with entertainment zones

co-working areas, and comprehensive services tailored to Egypt’s evolving consumer base,” Azab said

 Cityscape: International Retailers Eye Egypt as Investment Hotspot

Ahmed Badrawi echoed this optimism, citing positive economic indicators over the past year

that have drawn international retail brands to Egypt. He stressed that innovation is now a critical

success factor, with local Egyptian brands stepping in to fill key market gaps

“Supporting homegrown businesses is vital,” Badrawi emphasized, adding that as retail diversifies into food

leisure, and experiential offerings, it becomes a cornerstone of Egypt’s economic development strategy

Innovative Models Respond to Competition and Market Pressures

Mohamed Galal, Chairman of TSM, noted that both the retail and food & beverage sectors i

n Egypt are witnessing robust growth, with plenty of untapped space available for residential

and mixed-use projects. However, he warned that intense competition is a real challenge

To navigate this, Galal revealed that TSM has adopted a unique model by managing several

projects within the same geographic area in a complementary, non-competing way a move

aimed at creating added value and promoting long-term sustainability

Cityscape Egypt 2025 Exhibition Set to Attract Over 40,000 Visitors

Kicking off tomorrow, Cityscape Egypt 2025 will run from September 24 to 27 at the Egypt

International Exhibition Center (EIEC) in New Cairo The exhibition will bring together more

than 80 local and international real estate developers, showcasing over 1,000 projects, including

Residential developments

Commercial and administrative projects

Smart cities

Sustainable developments

The event is expected to draw over 40,000 visitors, including investors, entrepreneurs

and homebuyers seeking new opportunities in Egypt’s booming real estate and retail markets

 Cityscape: Retail Remains a Key Driver of Egypt’s Economic Future

 Cityscape As insights from Cityscape Egypt 2025 reveal, the retail industry in Egypt remains a vital

growth driver for the country’s economy. Despite headwinds such as reduced consumer

purchasing power and fierce competition, the sector offers a wealth of investment opportunities

particularly in integrated retail spaces, food & beverage, and localized innovation

With international interest rising and local players adapting with forward-thinking strategies

Egypt’s retail landscape is well-positioned for transformation and long-term growth

Cityscape Summit Explores “Investing in Egypt’s Multi-Sector Landscape – From Real Estate & Urban Development, 

Cityscape Summit 2025 featured a panel discussion titled: “Investing in Egypt’s Multi-Sector investment landscape – From real estate & urban development, wellness, tourism and hospitality to industry and logistics”. The session highlighted the promising investment prospects across multiple sectors within the Egyptian market, providing investors with a comprehensive view of the country’s evolving investment landscape and its future potential.

Cityscape

The panel was moderated by Bassem Fayek, Managing Director and Partner, Boston Consulting Group, with participation from Hossam Heiba, President of the General Authority for Freezones and Investment, Ministry of Investment & Foreign Trade, who discussed the main drivers of investment attractiveness and the incentive policies that support sustainable development, enhance investor confidence, improve the business climate, simplify procedures, and offer competitive advantages aligned with global investment trends.

During the panel, Hossam Heiba confirmed that the economic reforms adopted by the Egyptian government have successfully created an appealing investment environment and given international investors the confidence to enter the Egyptian market. He emphasized that without this shift in the business climate, the current level of foreign investor participation would not have been possible.

 

Heiba stated that the real estate sector is one of the primary engines of Egypt’s economy, given its significant impact on many other sectors. He highlighted that the state plays an active role in supporting investment by setting clear and effective policies, promoting sustainability through infrastructure development, and empowering the private sector with the tools it needs to participate in development efforts.

 

He also pointed to the crucial role of real estate in supporting related sectors such as tourism. He explained that increasing the supply of real estate units has a positive effect on tourism activity. Egypt is targeting 30 million tourists, and most hotels are already fully booked, making the expansion of hotel capacity a priority to meet rising demand.

Heiba highlighted a notable shortage of available office space, especially in areas like Downtown Cairo, which presents a promising opportunity for investment and expansion in this vital sector. He noted that Egypt’s development model has evolved beyond its traditional concept to become broader and more inclusive, and that this progress should be leveraged to strengthen Egypt’s real estate export capacity, particularly in light of significant growth in the tourism sector.

In this context, he posed key questions about the steps needed to turn this tourism growth into tangible real estate export opportunities. He identified several critical factors: ease of access to locations, availability of suitable “second home” living options, simplified visa procedures for foreign investors, and easing restrictions on the number of units which foreigners are allowed to purchase.

Heiba reiterated that Egypt possesses the capabilities to become a regional hub for attracting investment, leveraging its free trade agreements with over 70 countries. He stressed that operating from within Egypt offers investors significant strategic advantages, an approach that has been ongoing for over three decades and will remain a cornerstone for the future.

Cityscape Summit continues to offer a full agenda of sessions and discussions, with keynote speeches from international and ministerial speakers covering key global economic trends and their impact on Egypt, progress in the economic reform program, and Vision 2030. The sessions explore multi-sector investment opportunities—from real estate and urban development to healthcare, tourism, industry, and logistics—as well as Gulf capital inflows into Egypt, which represent major opportunities to strengthen Egypt’s position as a regional hub for real estate investment.

 

 


Discussions also focus on innovation and urban development in the New Administrative Capital and the Ras El Hekma project—the largest foreign direct investment in Egypt’s history. Other sessions explore untapped financing tools, integration between tourism and hospitality with real estate, PropTech trends, fractional ownership, and emerging opportunities in retail real estate. Together, these discussions lay the groundwork for a forward-looking roadmap for Egypt’s real estate sector based on diversity, innovation, and sustainability.

Cityscape Egypt 2025 Exhibition officially opens tomorrow, September 24, and runs until September 27 at the Egypt International Exhibitions Center (EIEC) in New Cairo. Leading real estate developers will gather to showcase their latest projects. This year’s edition will feature a new International Pavilion with participation from global developers, further solidifying Cityscape’s position as a premier regional and international event.

 

The event will also feature Cityscape Talks, which include panel discussions and interactive workshops covering the best individual real estate investment opportunities, the future of the real estate sector, key market trends such as sustainability and smart cities, and the latest real estate products on the Egyptian market, including hotel units and fractional ownership.

Cityscape will also host the Egypt PropTech Challenge, in partnership with 500 Global, and will offer attendees an exceptional opportunity to network with over 80 local and international developers and explore more than 1,000 diverse projects, ranging from residential, commercial, and administrative units to smart and sustainable city developments. The exhibition is expected to attract over 40,000 visitors, including local and regional investors, entrepreneurs seeking new partnerships, and individuals interested in purchasing residential units.

 

Tom Holland injury during new Spider-Man movie filming

British star Tom Holland, best known as Spider-Man, suffered a mild concussion while

filming an action sequence for his upcoming movie Spider-Man: Brand New Day in Glasgow, Scotland.

According to The Sun, the incident occurred during a dangerous stunt that didn’t go as planned, leading

to Holland being rushed to the hospital for a full medical check.

Doctors confirmed the injury was minor but advised him to take a short rest as a precaution.

Spider-Man

Tom Holland injury halts filming temporarily

Production sources revealed that shooting was halted last Friday, with an emergency

meeting held between Holland and the crew to decide on safety measures and a new schedule.

While media outlets pointed out potential flaws in safety protocols, no other injuries were reported on set.

Marvel and Sony’s backup plan

Hollywood Reporter stated that Sony Pictures and Marvel Studios immediately held crisis

meetings and chose to pause production for a week instead of continuing without Holland.

Despite the delay, sources confirmed that the Spider-Man: Brand New Day release date in

July 2026 remains unaffected.

Spider-Man

Tom Holland injury didn’t stop him from appearing in public

Surprisingly, the British actor attended a charity event for The Brothers Trust—a

foundation he runs with his brothers—just one day after the accident, reassuring fans about his condition.

Details about Spider-Man: Brand New Day

Directed by Destin Daniel Cretton, the movie serves as the fourth installment of the Spider-Man saga

starring Tom Holland.

Returning cast includes Zendaya, Jacob Batalon, and Marvel icons Mark Ruffalo and Jon Bernthal,

while newcomers such as Sadie Sink (Stranger Things) will join the franchise.

Tom Holland

Returning villain and storyline hints

The film brings back Michael Mando as the villain he first portrayed in Spider-Man: Homecoming (2017).

The plot follows a “new beginning” for Spider-Man after the events of No Way Home, where the world

forgets Peter Parker’s identity, paving the way for a fresh narrative distinct from the previous trilogy.

Tom Holland’s Spider-Man success raises expectations

Holland’s trilogy has been a massive success, with Spider-Man: No Way Home (2021) grossing $1.91 billion

worldwide, making it Sony’s highest-grossing film in history. This record-breaking success has fueled high

expectations for Spider-Man: Brand New Day.

Fans question: Will the release date be affected?

News of the Tom Holland injury raised concerns among fans about whether the release date would shift.

However, Marvel insiders confirmed his recovery break is brief, and the actor is expected to return to set soon,

keeping the schedule intact

Tom Holland

ITIDA Expands Tech Job Drive to Egypt’s Tier-2 Cities with Beni Suef Employment Fair

 The Information Technology Industry Development Agency (ITIDA) is extending Egypt’s mature IT and offshoring industry beyond Cairo, staging its 18th employment fair at the Digital Egypt Innovation Hub (CREATIVA) in Beni Suef’s technology park.

ITIDA

The initiative reflects ITIDA’s strategy to bring job opportunities closer to youth in tier-2 cities, connect skilled talent with leading employers, and reinforce Egypt’s position as a global hub for IT and business services.

The fair brought together 11 local and international companies, offering more than 650 job opportunities across IT services, business process outsourcing (BPO), and contact centers.

 

Employers included VOIS, Aura Communication, VXI, Swift Act, and Business Spike Agency, alongside other firms such as Mashroak, Modern Technology, and Arkan for Economic Investments. Industry bodies like the Digital Economy and Technology General Division (DETGD) and the international student organization AIESEC also joined the event, highlighting its collaborative nature.

 

Engineer Mahmoud Sofrata, ITIDA’s Vice President for ICT Markets Development, toured the company booths and met with job seekers.

 

 

In a dialogue session with youth, he emphasized that developing skills is the foundation of career success, pointing to three pillars: mastering artificial intelligence as the language of the digital era, strengthening language proficiency to compete globally, and cultivating soft skills such as teamwork, adaptability, and effective communication.

“We saw the ambition, energy, and creativity of Egyptian youth on full display,” Sofrata said, stressing that talent development is a continuous journey enabling the next generation to thrive in both local and global labor markets.

The fair drew significant turnout, with more than 2,000 registrations and over 700 participants attending in person. To facilitate access, ITIDA partnered with Silicon Waha, the company managing Egypt’s technology parks across tier 2 cities, to provide free transportation from central Beni Suef to the Digital Egypt Innovation Hub.

Alongside recruitment, the event featured workshops and career counseling sessions designed to align young professionals with labor market requirements. Sessions explored interview preparation, the role of AI and automation in CX services, and the importance of interpersonal skills in employability.

 

Other discussions focused on technology’s role in shaping future industries, building careers in contact centers, and introductory guidance on freelancing.

By moving its employment fairs to tier-2 cities, ITIDA is widening the geographic reach of Egypt’s digital economy, ensuring opportunities are not confined to Cairo, and channeling the country’s abundant human capital toward a globally competitive industry.

MG Developments Launches Special Deals on Blue Blue and The Mark at Cityscape 2025

With a robust presence in the Egyptian real estate market spanning more than 27 years

MG Developments is gearing up for a prominent participation in Cityscape Egypt 2025

scheduled from 24 to 27 September The company will unveil exclusive offers and new unit

launches across its flagship projects during the event

10% Discount and 8-Year Installment Plans on Units at Blue Blue and The Mark

During Cityscape Egypt 2025, MG Developments will offer a 10% discount on select units

valid exclusively throughout the exhibition days Clients can also benefit from extended payment

plans of up to 8 years with a 10% down payment, making investment opportunities more accessible

Chairman Mohamed Motawea emphasized that Cityscape is more than a real estate exhibition—it’s a

strategic platform where clients can discover premier developments while developers gain valuable insights

into changing customer demands The event fosters direct engagement with potential buyers, enabling the

delivery of innovative and customer-centric property solutions

New Launch in Savoy Phase of Blue Blue Project at Ain Sokhna

One of the highlights of MG Developments’ participation will be the launch of new units in the

Savoy phase of the Blue Blue project, located in Ain Sokhna. This phase stands out for its prime

location and distinctive architectural design, making it a focal point of interest for investors and end

users alike The Savoy phase has already achieved over 40% construction progress, with development

overseen by leading consultancy firm ACE Moharram.Bakhoum The construction of the project’s largest

water lagoon, executed by EMAC Construction, represents a first-of-its-kind addition aimed at enhancing

leisure and visual appeal within the resort

Largest Water Lagoon Enhances Leisure Experience at Blue Blue

The lagoon in the Savoy phase will serve as a landmark feature, offering a wide recreational water

body that emulates the beauty of coastal environments Designed to support water activities, relaxation

and premium leisure experiences, the lagoon also contributes to the aesthetic and investment value of the

surrounding unitsThe Blue Blue resort spans 120,000 sqm, comprising six distinct phases that include chalets

villas, and hotel-style units, in addition to integrated commercial, service, and entertainment zones

A private beach stretches along 300 meters of the Red Sea, with areas dedicated to marine sports and dining

The Mark: Smart Investment Project in the New Administrative Capital

In addition to Blue Blue, MG Developments will also present units in The Mark, a mixed-use

investment project located in the Downtown area of the New Administrative Capital The building

is designed to support a diverse range of functions, including commercial, administrative, medical

and hospitality services Motawea noted that the project is progressing at a rapid construction pace

enabling clients to physically inspect units before purchase, enhancing confidence in decision-making

The Mark incorporates smart building technologies and a range of flexible unit sizes, supported by

customizable payment plans to suit different business needs

Project Specifications of The Mark

Location: Downtown, New Administrative Capital

Total Area: 3,200 sqm

Building Footprint: 30%

Structure: Ground floor + 10 upper floors + 3 basement levels

Available Spaces: Suitable for retail, offices, clinics, and hospitality

 MG Developments: A Golden Opportunity for Real Estate Investment in Egypt

With compelling offers, strategic locations, and a commitment to innovation, MG Developments

is positioning itself as a key player in Cityscape Egypt 2025 Whether you’re looking to invest in

a beachfront resort at the Red Sea or a smart business hub in the New Administrative Capital

MG Developments’ portfolio provides options tailored to both investors and end-users

realme 15 Series Debuts in Egypt: Best Camera Phone in Its Class for 2025

realme, the fastest-growing smartphone brand in Egypt, has officially announced

the launch of its highly anticipated realme 15 series, set to debut in September 2025

Tailored for energetic, youthful users who embrace life and value capturing every moment

the new series is expected to redefine the mid-to-high-end smartphone segment

 Best Camera Phone in Its Class: 50MP Sony IMX896 Sensor

The realme 15 Pro is designed to raise the bar for mobile photography with a triple-camera

system, led by a 50MP primary lens powered by Sony’s IMX896 sensor This advanced setup

delivers ultra-clear, high-resolution images with enhanced detail and dynamic range, making

it one of the best camera phones of 2025 in its category

 Seamless Performance with Snapdragon 7 Gen 4 Processor

At the heart of the realm15 Pro is the Snapdragon 7 Gen 4, the most powerful processor

in its segment It ensures a smooth, responsive experience across gaming, multitasking

and media consumption This makes the device perfect for users demanding high-speed

performance in a 5G-enabled mid-range smartphone

 Long-Lasting Power: 7000mAh Battery with 80W Fast Charging

The realm15 Pro is equipped with the largest battery in its class a massive 7000mAh unit

Combined with 80W fast charging, users can enjoy all-day battery life and quick top-ups

making it ideal for non-stop productivity, gaming, or content creation

 AI Edit Genie: Creativity Powered by Smart Features

Taking AI integration to the next level, has introduced the AI Edit Genie across both models

realme 15 5G and realm15 Pro This feature empowers users to enhance their photos and videos effortlessly

reflecting realme’s continued investment in intelligent smartphone technology for the creative generation

 Choose the Best Fit

With strategic similarities in design and performance, both the realme 15 5G and

realme 15 Pro offer users the flexibility to choose the model that best suits their lifestyle

 Regardless of the choice, users are guaranteed a smartphone equipped with next-gen features

sleek design, and cutting-edge performance

 Why the realme 15 Series Stands Out in 2025

Advanced 50MP Sony IMX896 camera for pro-level photography

Snapdragon 7 Gen 4 processor for superior speed and multitasking

Industry-leading 7000mAh battery with 80W fast charging

Integrated AI Edit Genie for effortless content creation

Stylish design with future-ready 5G connectivity

YAD to Present Veyora and Nova Square with Exclusive Offers at Cityscape Egypt 2025

Yasser Abdallah Developments (YAD) has officially announced its participation in Cityscape

Egypt 2025, one of the region’s leading real estate exhibitions The company will unveil exclusive

offers on two of its flagship projects Veyora, located in the New Administrative Capital, and Nova

Square, situated in New Narges, Fifth Settlement

This strategic participation aligns with YAD’s commitment to engaging directly with its customer

base at major real estate events in Egypt, while also strengthening its brand presence in the competitive

Egyptian property market

Cityscape: A Premier Platform for Real Estate Innovation

Speaking about the company’s involvement, Eng Yasser Abdallah, Chairman of YAD

emphasized that Cityscape Egypt serves as a premier platform that gathers the region’s top

real estate developers and investors It offers unparalleled opportunities for showcasing residential

commercial, and administrative projects, while also enabling developers to interact directly with potential

buyers and understand evolving market trends in Egypt’s real estate sector

Veyora: A Fully Commercial Mall in the Heart of the New Administrative Capital

One of the main attractions at YAD’s booth will be Veyora, a fully commercial mall located in MU12 district

at a premium location near the main gate of the New Administrative Capital, Bin Zayed South Axis, and the Green River

 Key Features of Veyora Mall

Total area of 4,020 sqm

Contemporary architectural design with open green views over 1,800 sqm

High-end amenities including

Gym

Supermarket

Kids’ play area

Gold and jewelry market

1,200 sqm food court

Two panoramic elevators

Design by Hafez Consulting Engineers

Managed and operated by Accord

The project offers competitive pricing and priority booking, making it an attractive option

for commercial investors and business owners seeking premium retail space in Egypt’s booming New Capital

Nova Square: A Mixed-Use Commercial Hub in Fifth Settlement

The second project to be presented is Nova Square, a mixed-use mall combining commercial

administrative, and medical units Strategically located on Gamal Abdel Nasser Axis in New Narges

Fifth Settlement, the project sits at the heart of a high-density area with over 350,000 residents

across surrounding communities including Narges Villas, Narges Buildings, ENPPI, and Judges’ Buildings

 Nova Square Mall Highlights

Spans 9,175 sqm

Comprises ground floor + 4 upper levels

Two façades

One facing Gamal Abdel Nasser Axis

One facing New Narges, totaling 125 meters in length

Ground and first floors designated for retail

Second to fourth floors allocated for offices and clinics

Developed in collaboration with

Sabbour Consulting (engineering)

Incomercial (management & operations)

Outstanding Amenities for Tenants and Visitors

Nova Square is designed to deliver a high-end, integrated experience with a wide array of value

-added amenities, including

Full-site parking capacity for 250 cars

EV charging station

A 2,700 sqm open-air plaza

700 sqm gym and spa

400 sqm kids’ area

1,000 sqm hypermarket

100 sqm dining zone

Gold market with 11 dedicated stores

One of the largest open-air zones in Fifth Settlement, spanning 1,500 sqm

These features reflect YAD’s vision for delivering projects that blend functionality, luxury, and smart

design, serving both commercial tenants and end users

30+ Years of Excellence in Real Estate Development

Eng Yasser Abdallah brings more than 30 years of expertise in real estate development and project

management Over the decades, he has overseen the successful delivery of over 350 standalone projects

across various sectors in New Cairo Today, YAD’s portfolio serves more than 3,500 clients, with total

investments exceeding EGP 10 billion

Strategic Presence in Egypt’s Real Estate Market

The group’s participation in Cityscape Egypt 2025 is a testament to its growing influence

and ambition to remain a key player in Egypt’s evolving real estate market By offering

innovative, high-quality developments like Veyora and Nova Square, YAD aims to cater

to the increasing demand for integrated commercial and administrative properties in Cairo’s most vibrant districts

ZG Developments to Unveil “STAY” Residential Project at Cityscape Egypt 2025

ZG Developments announces participation in Cityscape Egypt 2025 to showcase

its legacy and unveil its latest residential project “STAY” in New Sheikh Zayed City

continuing its 38-year journey in Egypt’s real estate sector

ZG Developments to Launch New Residential Project at Cityscape Egypt 2025

ZG Developments, a prominent name in Egypt’s real estate development sector, is preparing

for a high-profile presence at Cityscape Egypt 2025 The company will use this leading industry

platform to highlight its rich legacy of success and innovation, while also unveiling its newest

residential venture the “STAY” project, strategically located in New Sheikh Zayed City

38 Years of Real Estate Excellence in Egypt

With a legacy spanning 38 years, ZG Developments is the second-generation evolution

of El Nile for Housing and Urban Development, originally established in 1987 Over nearly four

decades, the company has cemented its reputation as a real estate pioneer in Egypt, having

introduced innovative concepts in urban development and delivering exceptional residential and

administrative projects From the early development of towers in Nasr City to integrated gated

communities in New Cairo, Sheikh Zayed, and other key Egyptian governorates, the company

continues to shape the skyline and redefine property development standards

STAY Project: A New Chapter in New Sheikh Zayed City

At Cityscape Egypt 2025, ZG Developments will officially introduce its newest project, “STAY”

located in the heart of New Sheikh Zayed City — one of Egypt’s most promising real estate destinations

The STAY project will span 40 acres, with the first phase launching on 15 acres, allowing the company

to implement a phased development strategy that ensures quality-focused execution and attention to

every detail from the outset

A Track Record of High-Performing Real Estate Projects

ZG Developments has built a diverse and reputable portfolio of real estate projects that reflect

its vision and market leadership. Notable developments include

Zayed Greens 1, 2, 3, 4

Tabah West

FLW

SVN Shades

These projects are recognized for their modern architectural design, strategic locations

and high construction standards, earning strong demand among buyers and investors alike

Cityscape Egypt 2025: A Strategic Engagement Platform

ZG Developments views its participation in Cityscape Egypt 2025 as a strategic opportunity

to engage directly with potential homebuyers, real estate investors, and industry professionals

The event will serve as a platform to

Present detailed information about the STAY project

Showcase the company’s full project portfolio

Reaffirm its long-term commitment to enhancing Egypt’s real estate landscape

By participating in Cityscape, ZG Developments strengthens its position as a leading property

developer in Egypt, continuously delivering value-driven projects that meet the evolving needs of the market

HIG Developments Announces EGP 10 Billion Expansion with 7 New Projects

HIG Developments is marking a major milestone in its journey with the announcement

of seven new real estate projects planned for 2025 and 2026 With a strong foundation

of industry expertise, robust financial capabilities, and a future-focused strategy, the company

is taking bold steps to expand its presence in Egypt’s growing real estate market

Over 10 Years of Success in the Egyptian Real Estate Sector

Alaa El Hossary, Chairman of HIG Developments, confirmed that the company has been actively

operating in Egypt’s real estate sector for over a decade During this time, HIG has successfully

developed a diverse portfolio of more than 50 projects, including residential, commercial, and

administrative developments The company now targets a business volume exceeding EGP 10 billion

leveraging its accumulated experience to fuel an ambitious growth and expansion strategy in the years ahead

HIG Developments

Visionary Urban Developments Combining Luxury and Simplicity

Eng Ahmed Ashour, CEO and Vice Chairman, emphasized that HIG is focused on launching integrated

urban destinations designed to offer a seamless blend of modern luxury and minimalism These projects

are crafted to deliver both exceptional lifestyles and strong investment returns, catering to the evolving needs

of today’s real estate buyers and investors According to Ashour, the company plans to deliver two new projects

by the end of 2025, followed by five large-scale developments throughout 2026, reinforcing its commitment to

long-term value creation and market leadership

Proven Track Record in Government Projects and On-Time Delivery

Eng Islam Senoussi, Vice Chairman and Head of Contracting, highlighted HIG’s reputation for

delivering high-quality projects on schedule The company has a notable history of working with

government entities, including the New Urban Communities Authority (NUCA)

To date, HIG has completed the construction of 79 residential buildings under NUCA projects, with

a total value exceeding EGP 950 million These include fully finished housing units and landscaping work

in October Gardens, demonstrating HIG’s engineering capabilities and adherence to top-tier quality standards

Strategic Marketing to Support Project Visibility and Growth

HIG Developments Amr Hassan, Marketing Director at HIG Developments, explained that the company’s new marketing

strategy builds on its track record of successful projects and strong partnerships. The goal is to ensure

maximum exposure and brand visibility for upcoming developments, aligned with the company’s long-term

growth targets

HIG Developments: Strip Mall in October Gardens

Shady Kamel, Head of Sales, pointed to Strip Mall as one of the company’s most successful ventures

Located in October Gardens, the mall has quickly become a leading destination for dining, retail, and lifestyle

brands Kamel confirmed that future projects will follow the same pioneering vision and meet the increasing

demand from clients who trust in HIG’s commitment to quality and innovation

HIG Developments

Ericsson’s story in Egypt is more than a century in the making. In 1897, we helped establish the country’s

Ericsson’s story in Egypt is more than a century in the making. In 1897, we helped establish the country’s first telephone exchange in Alexandria, marking the beginning of a partnership built on innovation and resilience.

 

Over the decades, we have worked side by side with Egyptian operators and policymakers to expand connectivity, modernize networks and bring the benefits of mobile technology to millions of people.

Ericsson’s

 

Today, as Egypt accelerates its digital transformation, Ericsson remains as committed as ever to supporting the nation’s ambitions with the next generation of connectivity: 5G Standalone (SA).

5G as an Enabler of Egypt’s Economy
The case for 5G SA in Egypt extends far beyond faster speeds on a smartphone. 5G SA delivers the true 5G experience, low latency, native network slicing, and cloud-native core functions which together enable differentiated connectivity offerings that can be tailored to specific industries and enterprise use cases. It is about enabling the sectors that underpin the national economy.

 

Manufacturing can leverage 5G SA and differentiated connectivity to automate production lines, deploy robotics and enable predictive maintenance, making factories smarter and more efficient. In logistics and ports, particularly along the Suez Canal, one of the world’s most vital trade arteries, 5G supports real-time tracking, AI-driven traffic management and secure supply chains.

 

In energy, it connects smart grids and enhances the integration of renewable sources, while in agriculture, IoT sensors and data-driven irrigation can increase yields and conserve water.

Global momentum shows how transformative this shift can be. According to the Ericsson Mobility Report, 5G is on track to account for about one-third of mobile subscriptions worldwide this year, supported by more than 340 commercial launches and some 70 standalone deployments . Those standalone deployments are the platform on which Differentiated Connectivity for enterprises can be built at scale.

Egypt recently approached an important milestone by introducing initial 5G services nationwide. Marketing campaigns promoting new 5G services as well as first impressions of 5G subscribers experiencing throughput enhancements raise the bar for CSPs to meet the expectations.

 

Moving from non-standalone implementations to full 5G SA will allow operators to transition from marketing faster mobile broadband to offering guaranteed, tailor-made connectivity packages for enterprise commercialising differentiated connectivity.

Our latest research on the value of 5G highlights on global level 5G smartphone users are increasing their Augmented Reality (AR) usage by 50 percent in the last two years and spending twenty extra minutes daily streaming content through advanced video streaming formats compared to a year ago.

 

Through the combination of speed tiering, app bundling, and quality of service (QoS)-led offerings, we are seeing these propositions driving up usage.

Users with innovative customer experience service bundles allocate over one-third of their video streaming time to enhanced content, compared to only one quarter without a bundle. Customer experience is central to the future of Telco success, with 5G smartphone users having a willingness to pay an 11% premium for such a service for differentiated connectivity.

While consumers are quick to pick up new trends and technology, service providers are still on the journey. Our data shows that in twenty-one out of thirty-four markets, smartphone users appear satisfied with 5G compared to 4G network performance.

 

However, the reason for dissatisfaction varies across markets. In markets like Japan, South Korea, and Taiwan, despite ranking high for network speeds, consumers have extremely elevated expectations on 5G performance, especially availability.

 

Other reasons for disappointment include dissatisfaction with 5G pricing and plans, lack of perceived performance boost compared to 4G, which tends to do the job well, and the strain on 5G networks as the share of 5G traffic starts to overtake 4G.

 

This also needs to be seen in the context of 5G next wave consumers who are mainstream users and have higher expectations on performance and value and are less forgiving of coverage gaps.

In Egypt, as CSPs advance in their 5G maturity journey, our global experience indicates that realizing this potential will depend on an optimal spectrum strategy that prioritizes contiguous 100 MHz blocks in the mid-band, complemented by low-band spectrum for wider reach.

 

This model, already applied in the UAE and Qatar to build some of the world’s fastest 5G networks, would enable Egypt to optimize deployment costs while maximizing performance and coverage. In the Middle East and North Africa, 5G is forecast to represent about 61 percent of all mobile subscriptions by 2030 , with strong growth across consumer and enterprise segments. Egypt has the opportunity to align with this trajectory and ensure its industries are globally competitive.

Driving Inclusion and National Reach
Egypt’s digital transformation cannot be confined to its major cities. Inclusion must be built into the foundation of any 5G strategy.

 

Fixed Wireless Access (FWA) is expected to represent more than 35 percent of new fixed broadband connections globally by 2030 , and it offers a powerful solution for extending high-quality connectivity to underserved areas. By leveraging existing mobile footprints, FWA can deliver reliable broadband quickly and economically, helping close the digital divide between urban and rural communities.

Beyond access, sustainability matters. Modern 5G networks are more energy-efficient than their predecessors, supporting Egypt’s environmental commitments while ensuring that connectivity growth does not come at the cost of higher emissions. In this way, spectrum strategy, inclusive rollout and energy-efficient design work hand in hand to deliver a digital transformation that benefits all.

 

Fueling Entrepreneurship and Innovation
Egypt’s digital economy is also driven by its people. With one of the largest and youngest populations in the region, the country is rich with entrepreneurial talent eager to shape the future. Here, 5G SA and differentiated connectivity will act as a catalyst for innovation, giving small businesses and start-ups the tools they need to compete on a larger stage.
In fintech, advanced mobile networks can expand secure digital payments and accelerate financial inclusion, particularly for communities that remain underserved by traditional banking.

In healthcare, differentiated connectivity enables remote diagnostics, connected hospitals and telemedicine solutions that bring world-class care closer to patients without compromise.

 

In education, it powers immersive digital classrooms and expands access to knowledge for students in both cities and rural areas. By lowering barriers to entry for new services, 5G opens the door for a wave of entrepreneurial activity that can strengthen Egypt’s role in the digital economy.

 

We at Ericsson are committed to supporting this ecosystem. We partner with universities, research centers and innovation hubs to share global expertise and build digital skills. By investing in talent development, Egypt can harness its youth dividend and ensure the benefits of 5G extend across society.

Governor of the Central Bank of Egypt Attends the 49th Annual Meeting of the Council of Arab Central Banks and Monetary Authorities’ Governors in Tunisia

H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), is participating on Wednesday in the 49th Annual Meeting of the Council of Arab Central Banks and Monetary Authorities’ Governors, hosted by the Republic of Tunisia. The event is attended by Governors of Arab central banks, along with a number of distinguished representatives from regional and international financial institutions.

 

the Central Bank of Egypt

 

In this regard, Mr. Abdalla stated, “I am honored to participate in the current session of the Council of Arab Central Banks and Monetary Authorities’ Governors, which serves as an annual platform for regional dialogue and cooperation on economic and monetary trends, as well as for advancing economic development across our Arab region.

 

This year’s session comes at a critical time, in light of the successive challenges confronting the global economy, particularly those arising from trade wars.” He further emphasized that these conflicts create multifaceted pressures that demand precise and timely responses from central banks.

Furthermore, Mr. Abdalla underscored that encouraging increased domestic production and strengthening productive capacities are two core pillars in containing inflationary pressures and achieving long-term economic stability. He also affirmed the commitment of central banks to advancing their tools and approaches in line with the evolving global economic landscape, ensuring price stability while supporting the resilience and adaptability of the economy in the face of future challenges.

 

Additionally, central banks remain focused on enhancing transparency by clearly explaining the fundamental drivers and basis of monetary policy decisions, thereby boosting credibility and reinforcing the effectiveness of such policies.

The ongoing session, chaired by the Governor of the Central Bank of Sudan, addresses several key topics, including the challenges central banks face in managing shocks and pressures resulting from trade wars, frameworks to strengthen cybersecurity and resilience of the financial sector.

 

The session will also track progress on the Comprehensive Instant Digital Payments Initiative in Arab Countries.

Moreover, the session involves reviewing and adopting the outcomes from technical committees, where representatives from Arab central banks take part.

 

These committees specialize in banking supervision, financial inclusion, green financing, credit reporting, financial stability, payment and settlement systems, and FinTech.

Additionally, a closed session is scheduled to discuss preparations for the launch of the third round of mutual evaluations and the challenges facing the Middle East and North Africa Financial Action Task Force (MENAFATF), focused on anti-money laundering and countering the financing of terrorism (AML/CFT).

 

On a related note, the CBE hosted the 48th Annual Meeting of the Council of Arab Central Banks and Monetary Authorities’ Governors last year under the auspices of H.E.

President Abdel Fattah El-Sisi. Mr. Abdalla, Governor of the CBE, recently participated in the Permanent Bureau of the Board of Governors of Arab Central Banks meeting held in Abu Dhabi in July 2025.