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...
Kouchouk cuts $80 mechanization fees with launch of mandatory ACI system Minister of Finance Ahmed Kouchouk issued a decree reducing the... Businessmen Team 31 Dec 2025 The decision coincides with the mandatory implementation of the Advanced Cargo Information system (...
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...
Al Mashat: Egypt’s economy recovers Dr. Rania Al Mashat, Minister of Planning, Economic Development and... Businessmen Team 30 Dec 2025 Dr. Al Mashat reviewed the improvement in Egypt’s economic conditions as a result of government eff...
Egypt receives $3.5b from Qatar for Alam Al-Roum deal The Egyptian government has officially received $3.5 billion as the... Businessmen Team 30 Dec 2025 The agreement, originally signed on November 6, represents a strategic joint venture between the Ne...
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...
Ministry of Finance unveils new tax incentives for real estate sector The Ministry of Finance has unveiled a comprehensive plan to... Businessmen Team 29 Dec 2025 Kouchouk revealed that the ministry aims to implement 10 new measures within the real estate tax sy...
Government reviews expansion plan to expand company listings on EGX Prime Minister Dr. Moustafa Madbouly held a meeting this evening... Businessmen Team 29 Dec 2025 The meeting was attended by Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority, Dr....
EgyptAir launches new route to Venice from June EgyptAir, Egypt’s national carrier, announced continued progress in implementing its... Businessmen Team 29 Dec 2025 In this context, EgyptAir announced the launch of a new route connecting Cairo with Venice, Italy,...
