Cabinet denies intention to sell Egyptian airports The Cabinet’s Media Center issued a statement on its official... Businessmen Team 12 Dec 2025 The Ministry of Civil Aviation affirmed that Egyptian airports are fully state-owned and under Egyp...
CBE Governor: Arab financial stability challenges transcend borders Hassan Abdallah, Governor of the Central Bank of Egypt (CBE),... Businessmen Team 11 Dec 2025 Abdallah made the remarks during his address at the 20th High-Level Annual Meeting on Financial Sta...
Suez Canal sees 5.2% jump in ships transiting since July Suez Canal navigation rates improved following the return of stability... Businessmen Team 11 Dec 2025 The increase contributed to a rise in revenues, which hit $1.97 billion since July 2025, up from $1...
Trade between Egypt, Pakistan reached $217M in 2024, says El-Samadouni Dr. Amr El-Samadouni, Secretary General of the International Transport and... Businessmen Team 10 Dec 2025 El-Samadouni explained that maritime links are the most stable and least affected by political disr...
Egyptian pound holds steady against US dollar The US dollar maintained relative stability during evening trading on... Businessmen Team 10 Dec 2025 Dollar rates at Egyptian banks:Bank of Alexandria:Buying: EGP 47.56 Selling: EGP 47.66Commercial In...
EBRD provides €202m to strengthen electricity grid Minister of Planning and International Cooperation, Dr. Rania Al-Mashat, and... Businessmen Team 10 Dec 2025 The Ministers highlighted financing agreements totaling €202 million witnessed yesterday Tuesday by...
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...
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...
Egypt mulls Hurghada airport private offer; IFC involved Minister of Civil Aviation Dr. Sameh El-Hefny met today Monday... Businessmen Team 08 Dec 2025 The meeting, attended by IFC Regional Manager for North Africa Sheikh Oumar Kamel Seyla, focused on...
Fitch expects Egypt’s foreign reserves to reach $52.6 billion by June 2026 Fitch Ratings has stated that Egypt’s foreign currency reserves are... Businessmen Team 07 Dec 2025 The Cabinet Media Center reported on Sunday that net international reserves increased by $2.9 billi...
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...
USD stable against EGP Saturday December 6 The US dollar remained stable against the Egyptian pound in... Businessmen Team 06 Dec 2025 Dollar rates today in Egyptian banks:Central Bank of Egypt:Buying: EGP 47.50Selling: EGP 47.63Nation...
