Egypt clarifies Ain Sokhna land deal with Al Mana Holding The Cabinet’s Media Center issued a statement on its official... Businessmen Team 18 Dec 2025 The Suez Canal Economic Zone (SCZone) Authority confirmed that the SCZone and all its industrial ar...
USD stable against EGP Thursday December 18 The US dollar remained stable against the Egyptian pound on... Businessmen Team 18 Dec 2025 Dollar rates at Egyptian banks:Suez Canal Bank:Buying: EGP 47.40 Selling: EGP 47.50The United Bank:...
Rashwan: Egypt gas deal purely commercial, no political dimensions Diaa Rashwan, head of the State Information Service, confirmed that... Businessmen Team 18 Dec 2025 Rashwan noted that the agreement is a commercial contract governed by market rules and internationa...
EFG Hermes manages Action Energy private placement in Kuwait EFG Hermes, the leading investment bank in the Middle East... Businessmen Team 18 Dec 2025 The offering of a 45.9% stake—comprising 260 million shares—was priced at 212 Kuwaiti fils per shar...
ElSewedy Electric eyes QAR 250m investment in Qatar Industrial giant Elsewedy Electric is considering an investment of 250... Businessmen Team 18 Dec 2025 The announcement comes as the firm ramps up its Gulf operations, having already injected more than...
Egypt, Japan Taiheiyo discuss cement sector cooperation Ambassador Ragui El-Etreby, met with the leadership of Taiheiyo Engineering... Businessmen Team 18 Dec 2025 The talks focused on the Japanese firm’s latest engineering solutions, specifically technologies de...
Shimi meets World Bank delegation to boost cooperation Minister of Public Business Sector Engineer Mohamed Shimi received a... Businessmen Team 17 Dec 2025 The meeting was held in the presence of Mahmoud El Sakka, Advisor to the Prime Minister for Public...
Al Marasem Development raises Islamic financing for Fifth Square project Al Marasem Development raised the value of the Islamic financing... Businessmen Team 17 Dec 2025 The company signed an Islamic financing agreement with the consortium for EGP 3 billion to fund par...
Cabinet grants golden license to MAC, Deli Egypt for major industrial projects The Cabinet, in its meeting today chaired by Prime Minister... Businessmen Team 17 Dec 2025 The project includes setting up and operating a factory for the production and assembly of all type...
Egyptian Outdoor to launch Coca-Cola World Cup campaign at Cairo Airport Egyptian Outdoor, a subsidiary of United Media Services (UMS), has... Businessmen Team 17 Dec 2025 As the exclusive advertising rights holder for Cairo International Airport, Egyptian Outdoor will d...
El-Khatib urges stronger Africa trade links at Lynx Forum Minister of Investment and Foreign Trade, Engineer Hassan El-Khatib, highlighted... Businessmen Team 17 Dec 2025 The event, titled "From Policy to Practice: Deepening Trade Integration between Egypt and Africa,"...
Japan Marubeni explores expanding investment in Egypt Ambassador Ragui El-Etreby, met with Masayuki Omoto, President and CEO... Businessmen Team 17 Dec 2025 The talks focused on leveraging Egypt’s recent structural reforms and improved economic indicators...