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Marriott signs LE56 billion deal in Egypt with major 9-hotel expansion

Marriott signs LE56 billion deal in Egypt with major 9-hotel expansion

Marriott International has signed a deal with Misr Italia Properties and People & Places Real Estate Development to build nine…
PM reviews efforts to strengthen investment climate in Sinai

PM reviews efforts to strengthen investment climate in Sinai

Prime Minister Mostafa Madbouly reviewed on Tuesday, July 21, 2026, government efforts to strengthen the investment climate in the Sinai…
Investment Minister reviews export initiative, new investment platforms, industrial fund

Investment Minister reviews export initiative, new investment platforms, industrial fund

Minister of Investment and Foreign Trade Mohamed Farid reviewed a broad package of initiatives and investment programs during a meeting…
Egypt, WB probe boosting cooperation in power grid, renewable energy financing

Egypt, WB probe boosting cooperation in power grid, renewable energy financing

Minister of Electricity and Renewable Energy Mahmoud Essmat on Sunday, July 19, 2026, discussed with World Bank (WB) delegation ways…
Egypt enhances cooperation with Bank of New York to develop financing tools, global access for companies

Egypt enhances cooperation with Bank of New York to develop financing tools, global access for companies

Minister of Investment and Foreign Trade Mohamed Farid confirmed on Friday, July 17, 2026, that the ministry is committed to…
Egyptian banks to close next Thursday for Revolution Day holiday

Egyptian banks to close next Thursday for Revolution Day holiday

Egypt’s financial sector will observe a long weekend next week, as the Central Bank of Egypt announced that all banks…
Fuel prices may rise if global conflicts persist, economist warns

Fuel prices may rise if global conflicts persist, economist warns

Economist Mostafa Badra warned that persistent global conflicts and regional escalations could trigger a hike in domestic fuel prices. His…
PM: Egypt seeks to expand World Bank partnership to support sustainable growth

PM: Egypt seeks to expand World Bank partnership to support sustainable growth

Prime Minister Mostafa Madbouly reaffirmed the government’s appreciation for the World Bank Group’s role in supporting the country’s development agenda,…
Transport minister witnesses signing of guarantee agreement between FEDCOC, Egyptian Customs Authority

Transport minister witnesses signing of guarantee agreement between FEDCOC, Egyptian Customs Authority

The Egyptian Customs Authority and the Federation of Egyptian Chambers of Commerce (FEDCOC), signed a TIR guarantee agreement, marking a…
Naguib Sawiris denies media reports of stadium and events area at Pyramids plateau

Naguib Sawiris denies media reports of stadium and events area at Pyramids plateau

Businessman Naguib Sawiris on Sunday denied media reports about the construction of a sports stadium and events area on the…
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