}

Parliament approves law placing Future of Egypt Authority under presidential oversight

Egypt's House of Representatives approved a government-backed law on Tuesday, July 14th, granting the Future of Egypt Authority (FOE) for Sustainable Development administrative, financial, and technical independence while transferring its affiliation from the Ministry of Defence to direct presidential oversight.

Mylerz Egypt secures over EGP 100M in funding from existing shareholders to fund expansion

Mylerz Egypt, an integrated e-commerce last-mile delivery and fulfillment company, has raised more than EGP 100 million in new debt and equity funding from its existing shareholders to support its expansion in the Egyptian market.

Gulf Egypt unveils EGP 20B integrated hospitality destination in Sharm El Sheikh

Gulf Egypt for Hotels and Tourism, a subsidiary of United Real Estate Company, has launched a landmark integrated lifestyle hospitality destination in Sharm El Sheikh, with planned investments exceeding EGP 20 billion

Mylerz Egypt secures over EGP 100M in funding from existing shareholders to fund expansion

Mylerz Egypt, an integrated e-commerce last-mile delivery and fulfillment company, has raised more than EGP 100 million in new debt and equity funding from its existing shareholders to support its expansion in the Egyptian market.

Do you think Egypt will succeed in avoiding electricity load shedding plans this summer?