EGPC signs new oil, gas exploration deal with UK’s Terra Petroleum Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, witnessed... Businessmen Team 22 Dec 2025 Terra Petroleum will begin operations in Egypt for the first time in the Northwest Al Maghrah area...
Egypt denies shortage of cold, chronic disease medications Egypt’s drug regulator on Monday denied rumors of a shortage... Businessmen Team 22 Dec 2025 The Egyptian Drug Authority (EDA) stated that flu-related medicines, immunity boosters, and treatme...
Shimi welcomes Taj brand’s Egypt debut via Continental India’s luxury hotel brand Taj is set to enter the... Businessmen Team 22 Dec 2025 The deal, signed between the state-owned Egyptian General Company for Tourism and Hotels (EGOTH) an...
Egypt, Armenia explore agricultural investment opportunities Agriculture Minister Alaa Farouk and Armenian Economy Minister Gevorg Papoyan... Businessmen Team 22 Dec 2025 The talks, held on the sidelines of the sixth Egyptian-Armenian Joint Committee for Economic Cooper...
Dollar exchange rate steady on Sunday The US dollar maintained notable stability against the Egyptian pound... Businessmen Team 21 Dec 2025 Dollar rates at Egyptian banks:National Bank of Egypt:Buying: EGP 47.50 Selling: EGP 47.60Banque Mi...
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...
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...
More EgyptAir flights to Italy to meet demand Egypt’s national carrier, EgyptAir, will launch a new direct route... Businessmen Team 20 Dec 2025 The service, agreed upon with Venice’s Marco Polo Airport, will initially operate twice weekly on F...
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...
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...