CNN Travel has featured Egypt among its newest list of top "21 Places to Go in 2021," indicating that the Grand Egyptian Museum (GEM) will turn heads upon inauguration this year due to its proximity to Giza Pyramids.

Emaar Misr for Development saw a 516.7% year-on-year (YoY) surge in net profit to log EGP 581.53 mn in H1 2020, compared to EGP 94.29 m in the year-ago period.

Amer Group has announced the appointment of Hassan Elaroussy as the CEO of its subsidiary Porto Club for Sports Investment, aiming to develop a sporting club in its Porto Said project on the Mediterranean Sea.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced that Egypt’s Informal Settlements Development Fund (ISDF) has concluded the modern fish market project in Ismailia province.

Al Ahly Sabbour Developments has cooperated with Tahya Misr Fund to purchase a set of respirators and 75,000 COVID-19 test kits, at a total value of EGP 4.5 mn, in efforts to aid the government in combating the novel pandemic.

Cairo-based Palm Hills Developments announced it will be tightening safety measures and providing home sterilization services free of charge for all its clients

Prime Minister Mostafa Madbouly has mandated the formation of two ministerial committees for settling different investment disputes.

Egypt's property developer Palm Hills Developments (PHD) signed on December 18 a deal with the Commercial International Bank Egypt (CIB) to secure EGP 1.1 bn medium-term loan facility.

President Abdel-Fattah El-Sisi inaugurated the 23rd edition of Cairo ICT, which took place the Egypt International Exhibition Center (EIEC) from December 1 to 4, bidding to highlight the key benefits within digital transformation and commended efforts made under the state's plan toward a cashless economy.

Egypt's property developer Madinet Nasr Housing and Development (MNHD) reported a consolidated net profit of EGP 631 mn during the first nine months of 2019, a decline from EGP 869.1 mn during the same period last year.