Egypt to launch Africa’s first specialized gold bank in Cairo Mohamed Attia El Fayoumi, Chairman of the Qalyubia Chamber of... Businessmen Team 03 Jan 2026 El Fayoumi made the remarks following the Central Bank of Egypt’s announcement of an unprecedented...
Industry Ministry grants relief package to support struggling factories Ministry of Industry has announced a new package of incentives... Businessmen Team 03 Jan 2026 The measures, implemented through the Industrial Development Authority (IDA), are designed to suppo...
NTRA warns of digital service disruptions during Saturday maintenance The National Telecom Regulatory Authority (NTRA) announced the possibility that... Businessmen Team 02 Jan 2026 The authority said the disruption may impact the Digital Device Services Portal and the MyNTRA appl...
USD, EGP exchange rate remains stable The US dollar remained stable against the Egyptian pound at... Businessmen Team 31 Dec 2025 Dollar rates at major Egyptian banks:National Bank of Egypt:Buying: EGP 47.65 Selling: EGP 47.75Ban...
Abu Qir Fertilizers targets EGP 8.8B profit in 2026 Abu Qir Fertilizers and Chemical Industries approves 2026 budget. Businessmen Team 31 Dec 2025 The company said in a statement that it aims to achieve a pre-tax net profit of EGP 8.83 billion in...
MIC net profit falls 5% in nine months The consolidated financial statements of Mohandes Insurance Company (MIC) for... Businessmen Team 31 Dec 2025 The company said in a statement that it recorded a net profit of EGP 335.87 million for the period,...
Orascom to establish wholly-owned subsidiary company in China Orascom Investment Holding has decided to establish a wholly-owned subsidiary... Businessmen Team 31 Dec 2025 The company said in a disclosure that Marwan Mohamed, Executive Board Member, Wael Adel, Chief Fina...
Agiba Petroleum posts highest daily output The Cabinet’s Media Center announced on Wednesday that Agiba Petroleum... Businessmen Team 31 Dec 2025 The Media Center stated that the company’s crude oil production reached approximately 32,000 barrel...
Egypt’s East Nile Monorail unaffected by water pipe break The National Authority for Tunnels issued a press statement regarding... Businessmen Team 30 Dec 2025 The Authority confirmed that the monorail project was completely unaffected by the incident and sta...
Madbouly oversees Nazlet El‑Semman revival project as global tourist destination Prime Minister Moustafa Madbouly held a meeting this evening to... Businessmen Team 30 Dec 2025 The meeting was attended by Engineer Sherif El Sherbiny, Minister of Housing, Utilities and Urban C...
Ministry of Supply launches new discounted market hub in Cairo Dr. Sherif Farouk, Minister of Supply and Internal Trade, alongside... Businessmen Team 30 Dec 2025 Located at the New Sabteya Station near Ramses Square in Cairo, the market is part of a national st...
PM oversees performance push for Egypt economic bodies Prime Minister Dr. Moustafa Madbouly chaired a high-level meeting on... Businessmen Team 29 Dec 2025 A specialized committee tasked with reforming 59 state entities has reached a preliminary agreement...
