SCA, Anchorage to build $6bn petrochemical plant in Ain Sokhna The Suez Canal Authority (SCA) and Anchorage Investments have signed... Businessmen Team 21 Dec 2025 The project will be located on SCA-owned land in Ain Sokhna, northwest of the Gulf of Suez. The fir...
Egypt, Japan’s YKK partner to localize textile manufacturing Egyptian Ambassador to Japan Ragui El-Etreby met with Koichi Matsushima,... Businessmen Team 21 Dec 2025 YKK, a global leader in garment components, reviewed its operations in Egypt dating back to 1979. T...
Egypt to unveil new tax strategy by 2026 as Finance Minister pledges major reforms Finance Minister Ahmed Kouchouk announced a new strategic shift in... Businessmen Team 20 Dec 2025 Kouchouk confirmed that a comprehensive tax policy strategy will be unveiled in the first quarter o...
Hadayek El Ahram, 19 Giza districts launch one-day markets Supply and Internal Trade Minister Dr. Sherif Farouk and Giza... Businessmen Team 20 Dec 2025 During the event, the Minister also virtually inspected 19 similar markets launched simultaneously...
Housing Minister eyes Sheikh Zayed road upgrades Minister of Housing and Urban Communities Engineer Sherif El-Sherbiny met... Businessmen Team 20 Dec 2025 The Minister toured several key projects aimed at improving traffic flow and road safety. During th...
JOIN: Egypt presents major investment opportunities Egypt’s Ambassador to Japan, Ragui El-Etreby, met with the President... Businessmen Team 19 Dec 2025 During the meeting, the Ambassador highlighted Egypt’s significant development in infrastructure,...
TMG opens new Carrefour branch in The Village, Celia, New Administrative Capital Talaat Moustafa Group (TMG) announced the opening of its latest... Businessmen Team 19 Dec 2025 The new Carrefour store occupies a strategic location within The Village and spans 1,600 square me...
EU cuts inspection rate on Egyptian citrus to 10%, says Farouk Alaa Farouk, Minister of Agriculture and Land Reclamation, announced that... Businessmen Team 19 Dec 2025 The announcement follows an official report received from Dr. Mohamed El-Mansi, Head of the Centra...
Al-Mashat: Egypt’s economic growth expected to exceed 5% by end of 2025 Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International... Businessmen Team 19 Dec 2025 The meeting was attended by Dr. Youssef Boutros Ghali, former Minister of Finance, Dr. Hani Kadry...
ALQAMZI acquires 95 acres in Future City with EGP 50 billion investment ALQAMZI Developments continues its expansion in the Egyptian market, reaffirming... Businessmen Team 18 Dec 2025 The signing ceremony was attended by Engineer Ayman El Kousey, Managing Director and CEO of Medar f...
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:...