Food industry, farm exports reach $11bn in 2024 Minister of Investment and Foreign Trade Engineer Hassan El-Khatib, represented... Businessmen Team 10 Dec 2025 Minister El-Khatib’s statement highlighted the exhibition as a crucial regional platform for the fo...
US dollar stabilizes against Egyptian pound The US dollar remained stable against the Egyptian pound today,... Businessmen Team 09 Dec 2025 Dollar rates today in Egyptian banks:Central Bank of Egypt:Buying: EGP 47.54Selling: EGP 47.67Nation...
Egyptian Ministers discuss boosting tourism investments Engineer Hassan El-Khatib, Minister of Investment and Foreign Trade, received... Businessmen Team 09 Dec 2025 El-Khatib emphasized the importance of developing a clear investment plan for tourism. The plan sho...
Housing Minister, EIB review €721m water projects, future desalination funding Minister of Housing, Utilities, and Urban Communities Engineer Sherif El-Sherbiny... Businessmen Team 09 Dec 2025 The meeting focused on existing cooperation and future investment opportunities in the water and sa...
Egypt launches $100m textile, spinning industrial complex Hossam Heiba, CEO of the General Authority for Investment and... Businessmen Team 09 Dec 2025 The company announced its intention to establish a new spinning and weaving factory spanning 200,00...
Leoni opens automotive wiring harness factory in Badr City Prime Minister Dr. Moustafa Madbouly inaugurated the new factory of... Businessmen Team 09 Dec 2025 The facility, known as "Leoni Badr 4," spans 14,000 square meters and is part of the company's expa...
Housing: IBAN modification allowed for 2,512 reserved units Ministry of Housing, Utilities, and Urban Communities has announced, in... Businessmen Team 08 Dec 2025 This change, introduced for the current offering of 25,012 housing units, aims to enhance transpare...
GAFI, France discuss boosting investments The Egyptian General Authority for Investment and Free Zones (GAFI)... Businessmen Team 08 Dec 2025 GAFI CEO Hossam Heiba highlighted the significant role of French investment in Egypt's economic gro...
KABO eyes international partnerships to boost factories, exports El Nasr Clothing and Textiles Company (KABO) announced a comprehensive... Businessmen Team 08 Dec 2025 The plan will nearly double the company's total production lines from 41 to 78 across both factorie...
CIB Concludes 2025 Summer Training Program The Commercial International Bank (CIB) concluded its 2025 annual summer... Businessmen Team 07 Dec 2025 This year’s program saw participation from over 12,000 university students from across Egypt, reaff...
Egypt, U.S. Blumberg Grain discuss food security partnership, regional hub Minister of Investment and Foreign Trade Engineer Hassan El-Khatib met... Businessmen Team 07 Dec 2025 The talks, held at the New Administrative Capital, also covered Blumberg Grain’s plans to establish...
Egypt launches New Cash Incentive for industrial investment Hossam Heiba, CEO of the General Authority for Investment and... Businessmen Team 07 Dec 2025 Law No. 160 of 2023 amended the Investment Law by adding Article 11 bis, which grants industrial in...
