Arab Investment Alliance Eyes Egypt’s Healthcare and Real Estate Sectors
An Arab investment alliance comprising prominent regional investors is preparing to enter the Egyptian market, signaling growing confidence in Egypt’s investment opportunities and its position as a key destination for Arab capital inflows. Strategic Expansion into Egypt’s Investment Landscape The alliance, which includes investors with established operations in Libya, Yemen, Egypt, Saudi Arabia, and the […]
SUD Partners with Redcon Spain to Elevate Finishing Standards at High City Mall in Obour City
Safwa Urban Development (SUD) has announced a strategic partnership with Redcon Spain to oversee the finishing works at the High City Mall project in Obour City This collaboration is part of SUD’s ongoing commitment to delivering high-quality developments, aligning with the company’s efforts to meet client expectations and raise construction standards across its projects Aiming […]
Central Bank of Egypt Ensures Banking Sector Stability Through Key Financial Soundness Indicators
The financial soundness indicators for Egypt’s banking sector have underscored its resilience highlighting the key role banks play in supporting the nation’s economic stability These indicators reflect the sector’s strong capacity to provide financing to various industries, contributing significantly to Gross Domestic Product (GDP) growth, fostering job creation, and attracting higher investment rates As of […]
Majid Al Futtaim Brings Generosity to Egypt: Ramadan Charity Programs Reach Thousands
Majid Al Futtaim, the leading developer and operator of shopping malls, retail, and leisure destinations across the Middle East, Africa, and Asia, concluded its Ramadan 2026 community initiatives aimed at supporting Egypt’s most vulnerable families. These programs reflect the company’s ongoing commitment to corporate social responsibility, community welfare, and sustainable impact. Ramadan Initiatives Across Majid […]
“Contact Financial Holding Concludes 2025 with Strong Results, Recording EGP 2.8bn in Consolidated Operating Income, Up 12% Y-o-Y”
Contact Financial Holding (CNFN.CA), Egypt’s leading non-bank financial services provider, announced today its consolidated financial results for the fiscal year ending 31 December 2025. During the year, the company achieved consolidated operating income of EGP 2.8 billion, recording a 12% y-o-y increase, driven by the strong operational performance of the financing division, along with a […]
Madinet Masr Accelerates Ramadan Volunteering Under “Cultivating Communities” Strategy and Secures Athar
Madinet Masr (EGX code: MASR.CA), has launched a series of community initiatives during the holy month of Ramadan, building on the continued success of its development strategy, “Cultivating Communities”. In parallel with this community-driven momentum, the company was awarded the Excellence Award for Best Practices in Sustainability & CSR at the second edition of the […]
Enwan Developments Highlights Project Progress in Exclusive Ramadan Suhoor for Clients
Enwan Real Estate Developments recently hosted an exclusive Ramadan suhoor gathering for its clients and partners, offering a unique platform to showcase the latest updates on its real estate projects. .The event provided clients with detailed insights into completed projects and ongoing developments, highlighting the approaching handover of units Eng. Mohamed Salem, CEO of Enwan […]
AFG-AlFath Group to launch new project in Obour city as part of growth strategy
AFG-AlFath Group is set to launch a fully integrated development in Obour city, in line with an ambitious expansion strategy aimed at strengthening its footprint in Egypt’s real estate market and playing a key role in shaping the city’s evolving urban landscape. AlFath Group Obour is increasingly positioned as a high-potential destination, driven by rising […]
Central Bank of Egypt Reports USD 25.6 Billion in Remittances for FY 2025/2026, 28.4% Increase
According to the Central Bank of Egypt, remittances from Egyptians working abroad saw a significant rise during the first seven months of the fiscal year 2025/2026 These remittances amounted to approximately USD 25.6 billion, marking an impressive 28.4% increase compared to the same period in FY 2024/2025, when remittances totaled about USD 20.0 billion January […]
HMD Launches DUB Audio Accessories in Egypt: Bold Sound, Smart Design, and Personal Expression
HMD Global, the European brand known for designing technology that centers on real human needs, has officially entered the Egyptian market with the launch of its innovative DUB Audio accessories The new line promises to deliver an unmatched combination of style and sound offering consumers fresh ways to live louder, move smarter, and express themselves […]
Majid Al Futtaim Reports Record FY 2025 Results with 41%
Majid Al Futtaim (“the Group”), a leading shopping malls, communities, retail, and leisure pioneer across the Middle East, Africa, and Central Asia, today announced its full-year 2025 financial results, delivering double-digit EBITDA and net profit growth, strong cash generation, and a record strength in its balance sheet, as the Group marks 30 years of operations […]
Elsewedy Electric Achieves Significant Growth in 2025 with Expanding Global Footprint and Strong Project Backlog
Elsewedy Electric, a global leader in integrated energy solutions, infrastructure, and digital transformation, has achieved significant growth across all its business segments in 2025 The company saw strong performance particularly in the wires and cables and engineering and construction sectors This growth underscores the effectiveness of Elsewedy Electric’s strategy of diversifying revenue streams geographically and […]