Finance Minister signals economic growth as new budget unveiled Finance Minister Ahmed Kouchouk announced that the government will continue... Businessmen Team 10 Jan 2026 Speaking at a panel discussion at the Bibliotheca Alexandrina, Kouchouk revealed that tax revenues...
Banks to close Thursday for end of fiscal year Banks across Egypt will be closed on Thursday, January 1,... Businessmen Team 28 Dec 2025 In a brief statement, the CBE confirmed that the one-day holiday applies to all operating banks in...
Finance Minister confirms successful cut to external debt Egypt is positioning itself as a regional manufacturing and export... Businessmen Team 22 Dec 2025 Speaking at a meeting of the Union of Arab Chambers, Kouchouk emphasized that the government’s fisc...
Fitch predicts strong pound performance against dollar in 2026 Fitch Ratings released a strong outlook for Egypt's external sector... Businessmen Team 07 Dec 2025 Fitch noted a significant increase in portfolio investments since last August, driven by attractive...
El-Samadouni: Suez Canal posts first positive growth in 18 months Dr. Amr El-Samadouni, Secretary General of the International Transport and... Businessmen Team 30 Nov 2025 El-Samadouni explained that Maersk is one of the largest and most influential shipping lines in the...
Egyptian economy posts record growth in Q1 2025-2026 The Egyptian economy recorded a record growth rate of 3.5%... Businessmen Team 28 Nov 2025 The Cabinet stated on Friday that the Egyptian economy is undergoing a shift towards productive sec...
Fitch raises Egypt growth forecast to 4.9% for 2025-2026 Credit rating agency Fitch revised its growth forecast for the... Businessmen Team 06 Nov 2025 According to a report issued by Fitch and cited by the cabinet's Media Center on Thursday, the Egyp...
Egypt's economic path is balanced and improving, says Finance Minister Ahmed Kouchouk, Minister of Finance, affirmed that Egypt's economic trajectory... Businessmen Team 15 Oct 2025 In a discussion with investors from Jefferies and HSBC on the sidelines of the IMF and World Bank m...
S&P, Fitch: Egypt's reforms gain international spotlight, Kouchouk notes Finance Minister Ahmed Kouchouk said the decision by credit rating... Businessmen Team 11 Oct 2025 Kouchouk noted that the implemented economic and financial reforms, coupled with positive results l...
PM: Economic growth rate exceeds target Prime Minister Dr. Moustafa Madbouly confirmed on Thursday that Egypt... Businessmen Team 02 Oct 2025 At a press conference held this evening following the weekly Cabinet meeting in the New Administra...
Dr. Rania Al-Mashat: Non-oil manufacturing drives economic growth in 2025 Egypt's Gross Domestic Product (GDP) grew at an annual rate... Businessmen Team 30 Sep 2025 The Ministry's indicators showed that GDP growth in the fourth quarter of FY 2024/2025 accelerated...
KIMA profits drop to EGP 987 million in last fiscal year The financial indicators of the Egyptian Chemical Industries Company (KIMA)... Businessmen Team 22 Sep 2025 The company stated in a statement that it recorded a net profit of EGP 986.96 million during the pe...
