Madinet Masr has signed a memorandum of understanding (MoU) with ForwardContractors to execute construction works worth EGP 1.45bn at Sarai, the company’s mixed-use development in EastCairo... ....
Non-bank financing granted by entities supervised by Egypt’s Financial Regulatory Authority (FRA) exceeded EGP 1trn for the first time, reaching EGP 1.1trn during the first ten months of 2025, the regulator said in a statement.
Quantum Investment BV has increased its stake in Edita Food Industries through a block trade valued at EGP 1.26bn, reinforcing investor confidence in the company and in Egypt’s capital markets.
Infrastructure and service projects totalling 70 across Giza’s Atfih and Al-Saff districts have reached a combined investment of EGP 4.7bn, Housing Minister Sherif El-Sherbiny announced during a prime ministerial tour on Tuesday ... ....
Awad said the project will process at least 3,000 tonnes of waste per day across Sharqeya and ensure the environmentally safe disposal of residual waste, with total investments reaching up to EGP 500m ... ....
Saied Embaby, CEO of iSagha, said local gold prices increased by roughly EGP 45 over the week. The price of 21-karat gold opened trading at EGP 5,745 per gram, touched EGP 5,800, and closed at EGP 5,790.
Egypt is enlisting private sector firms to manage and operate state-owned textile factories following the expenditure of billions of Egyptian pounds on development projects, Prime Minister Mostafa Madbouly said on Sunday ... ....