Egypt denies plans to sell state-owned textile factories In a statement released by the Cabinet’s Media Center, the... Businessmen Team 25 Dec 2025 The ministry stated that the project covers approximately 60 factories and service buildings across...
TMG highlights development vision aligned with 'New Republic' at GEM Talaat Moustafa Group (TMG) has reaffirmed its commitment to a... Businessmen Team 25 Dec 2025 Speaking on behalf of TMG CEO and Managing Director Hisham Talaat Moustafa, Executive Vice Presiden...
Madinet Masr signs EGP 1.45b deal for Sarai project Real estate developer Madinet Masr has signed a memorandum of... Businessmen Team 24 Dec 2025 Under the agreement, Forward Contractors will execute works valued at 1.45 billion Egyptian pounds....
Egypt, Korea sign MoU to modernize trade, e-commerce systems Ahmed Amawi, Head of the Customs Authority, affirmed Egypt’s commitment... Businessmen Team 23 Dec 2025 The remarks came during the signing of a memorandum of understanding with the Korean Customs Servic...
Giza Contracting increases capital to boost construction, real estate activities Giza General Contracting and Real Estate Investment Company has decided... Businessmen Team 23 Dec 2025 The company’s issued and paid-up capital is set to rise from EGP 288.54 million to EGP 432.81 milli...
FRA approves capital increase for Arab Developers Holding Company The Financial Regulatory Authority (FRA) approved the publication of Arab... Businessmen Team 21 Dec 2025 The disclosure report outlines the procedures to raise the company’s issued capital in cash from EG...
Badawi witnesses $135m financing for Damietta bioethanol project Minister of Petroleum and Mineral Resources Karim Badawi witnessed the... Businessmen Team 21 Dec 2025 The project will contribute to the production of 100,000 tons annually of low emission biofuel with...
EGX meets market participants to discuss trading mechanism proposals The Egyptian Exchange (EGX) held an expanded meeting on Thursday,... Businessmen Team 19 Dec 2025 The meeting discussed a proposal to extend trading hours by one additional hour, with sessions sta...
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...
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...
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...
PM unveils new incentives for real estate developers Prime Minister Dr. Moustafa Madbouly met today with a group... Businessmen Team 16 Dec 2025 The main topics included following up on the implementation of the Advisory Committee for Urban Dev...