Rasha Abdel Aal: Finance Minister oversees tax facilitation package Rasha Abdel Aal, head of the Egyptian Tax Authority, convened... Businessmen Team 12 Jan 2025 The meeting followed a directive from the Minister of Finance to discuss the implementation of the...
Locally assembled Proton Saga cars enter pilot operation Ezz El Arab Automotive, the exclusive distributor of Proton in... Businessmen Team 12 Jan 2025 Bassem Ashmawy, General Manager of Proton Egypt at Ezz El Arab Automotive, stated that the test dri...
Tuesday paid holiday for private sector Minister of Labor Mohamed Gobran announced today, Sunday, that Tuesday,... Businessmen Team 05 Jan 2025 This decision aligns with Council of Ministers' Decision No. (9) of 2025, which designates Tuesday,...
Madbouly: President directs CBE, Finance Ministry to coordinate on monetary policy At the first government meeting of the new year on... Businessmen Team 01 Jan 2025 Madbouly has reaffirmed the government's commitment to maintaining economic stability, mitigating...
Sisi: Boosting foreign reserves for industry, production President Abdel Fattah El-Sisi met Tuesday, with Prime Minister Dr.... Businessmen Team 31 Dec 2024 During the meeting, the President's official spokesperson announced a review of the domestic and gl...
Acwa Power secures $700 million fund for Egyptian wind farm Acwa Power, a leading Saudi energy developer, has secured financing... Businessmen Team 31 Dec 2024 Acwa Power, which holds a 70% stake in the project company, said a group of development financial...
EFSA approves Beltone Holding Capital increase The Egyptian Financial Supervisory Authority (EFSA) has approved the disclosure... Businessmen Team 30 Dec 2024 In a disclosure issued on Monday, the EFSA clarified that the disclosure report includes increasing...
European Commission approves €1 billion for Egypt Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International... Businessmen Team 20 Dec 2024 She clarified that this funding is part of a package that was signed last June in the presence of P...
Sawiris family bids to acquire Orascom Development Holding The Sawiris family, through their wholly-owned company LPSO Holding Ltd,... Businessmen Team 18 Dec 2024 According to a disclosure to the Egyptian Exchange, the tender offer aims to consolidate ownership...
Shell, BP to begin Egyptian gas field operations in 2026 Egypt's Natural Gas Holding Company (EGAS), affiliated with the Egyptian... Businessmen Team 17 Dec 2024 According to an anonymous official, the Pharaonic Petroleum Company, operating on behalf of Shell,...
Egypt to hold public auction for seized cars The General Authority for Government Services, under the Ministry of... Businessmen Team 16 Dec 2024 The auction will take place on Thursday, December 26th, at 12:00 PM at the Giza Sports Club on El B...
World's largest shirt maker considers $385M Egypt factory CEO of The General Authority for Investment and Free Zones... Businessmen Team 16 Dec 2024 The Lutai delegation included Liu Deming, Global Marketing Director; Du Lixin, Chief Technology Off...