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Palm Hills Partners with Fundamental Hospitality to Launch Sirene by GAIA at Hacienda Heneish, Alongside the Group’s First-Ever Luxury Hotel and Residences in Egypt, Opening 2027
Palm Hills, Egypt’s leading luxury real estate developer, with over 25 years of experience setting the standard for lifestyle-focused communities in Egypt, has announced a landmark partnership with UAE-based Fundamental Hospitality to debut Sirene by GAIA, the world’s largest and most luxurious beach club, at the iconic Hacienda Heneish on Egypt’s North Coast. The project will launch alongside Fundamental Hospitality’s…
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EFG Holding Preserves Growth Momentum, Demonstrating Resilient Performance in the Second Quarter Results of 2025
EFG Holding, a financial institution with a universal bank in Egypt and the leading investment bank in the Middle East and North Africa (MENA), announced today its results for the second quarter of 2025. The Group’s revenues recorded a 21% Y-o-Y increase to reach EGP 6.1 billion, driven by strong results across all business lines, particularly EFG Finance, its non-bank…
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Rock Developments achieves the success of Rock Green as customer trust drives massive sales in 48 hours
Rock Green: From successful launch to record sales in just 48 hours Rock Developments has announced achieving record sales worth EGP 500 million in the first phase of its Rock Green project, just two days after starting to receive expressions of interest. This reflects the strong demand for the project and customers’ trust in the company’s name. Managing Director of…
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EGP 65 Billion in H1 2025 and EGP 45 Billion in Q2 Sales: Exceptional Results Reinforce Mountain View’s Leadership in Egypt’s Real Estate Development
Mountain View continues to reinforce its position as a leading real estate developer in the Egyptian market, announcing exceptional sales of EGP 65 billion in H1 of 2025, including EGP 45 billion in Q2 alone. This milestone reflects the strong and growing demand for the company’s developments, underscoring the sustained confidence of its customers and its vision to deliver fully…
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Valu Reports 1H25 Results with Buoyant Revenues and Profitability in First Earnings Release as a Publicly Traded Company on the EGX
Valu, MENA’s leading universal financial technology powerhouse, announced today its outstanding financial and operational results for the first half of 2025, marking its first earnings release since becoming a publicly listed company on the Egyptian Exchange (EGX). Total Loans during 1H25 issuedreached EGP 8.9 billion, up 60% Year-on-Year (Y-o-Y), with gross revenue for the period reaching EGP 2.6 billion, up 94% Y-o-Y,…
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The Breakthroughs Powering Samsung’s Thinnest, Most Refined Foldables
The Breakthroughs Powering Samsung’s Thinnest, Most Refined Foldables Since unveiling the world’s first foldable smartphone in 2019, Samsung has pursued one goal: to give users big-screen power in a pocket-friendly device. Years and thousands of design and engineering advancements later, that promise comes to life. The Galaxy Z Fold7 and Z Flip7 are Samsung’s thinnest, lightest and most advanced foldables…
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Edita Food Industries achieves exceptional growth at an annual rate of 72% during the second quarter of 2025
Edita Food Industries, the leader in the manufacture of packaged light food in Egypt, announced its financial results for the first half of 2025, Edita recorded record results in light of the increase in revenues at an annual rate of 22.2% to record 5 billion pounds during the second quarter of 2025, and the net profit rose at an annual…
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T he EFG Foundation and the Ministry of Education Launch the EFG Hermes Applied Technology School for Agri-tech in Luxor to Equip Youth with Climate-Smart Agricultural Skills
The EFG Foundation for Social Development, a non-profit, non-governmental organization dedicated to sustainable, high-impact development initiatives, is proud to announce the launch of the EFG Hermes Applied Technology School (ATS) for Agri-tech in El Tod, Luxor, in partnership with the Ministry of Education and Technical Education. This strategic initiative marks a significant step in reshaping technical education in Egypt, equipping…
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QNB Egypt promotes sustainable practices within the #QNB BluePledge to protect the marine environment
QNB Egypt joined the #QNBBluePledge global initiative launched by QNB Group, the largest financial institution in the Middle East and Africa, aimed at raising awareness about the importance of preserving the marine environment in all the countries in which it operates. The global initiative comes in implementation of the Group’s environmental sustainability strategy and the UN Sustainable Development Goals. Ms.…
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Hermes Advises MDP on a New Investment Led by Lorax Capital Partners
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its Investment Banking division has successfully concluded a landmark sell-side advisory role, marking the exit of a consortium led by AfricInvest from Masria Digital Payments (MDP), the region’s leading payments technology infrastructure provider. The transaction marks the complete…
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