Madbouly: 190 Factories Operating, 150 Under Construction in SCZone Prime Minister Moustafa Madbouly revealed that the number of factories... Businessmen Team 11 Jan 2026 Madbouly said during a press conference held after concluding his tour of the integrated Sokhna Ind...
Al-Mashat, World Bank discuss strategic partnership to boost private sector financing Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International... Businessmen Team 11 Jan 2026 Dr. Al-Mashat highlighted the core pillars of the updated "National Narrative," recently presented...
Public Business Sector posts EGP 126B revenues with 20% growth Ministry of Public Business Sector companies witnessed a notable improvement... Businessmen Team 09 Jan 2026 Nasr Automotive Company achieved profits for the first time in decades. Chemical Industries Develop...
GAFI honors Heiba, welcomes El Gawsaky as new CEO Engineer Hassan El-Khatib, Minister of Investment and Foreign Trade, honored... Businessmen Team 08 Jan 2026 The ceremony was attended by Engineer Mohamed El Gawsaky, the newly appointed CEO of GAFI, as well...
Nassef Sawiris: Technical education boosts Egypt’s capacity to implement national projects Minister of Education and Technical Education, Mohamed Abdel Latif, inaugurated... Businessmen Team 08 Jan 2026 The initiative is a collaboration between the Sawiris Foundation for Social Development and Orascom...
Shimi boosts Misr Spinning, Weaving with latest production technologies Engineer Mohamed Shimi, Minister of Public Business Sector, met with... Businessmen Team 03 Jan 2026 The meeting addressed several joint work files and explored ways to enhance cooperation and coordin...
Egypt to launch Africa’s first specialized gold bank in Cairo Mohamed Attia El Fayoumi, Chairman of the Qalyubia Chamber of... Businessmen Team 03 Jan 2026 El Fayoumi made the remarks following the Central Bank of Egypt’s announcement of an unprecedented...
Industry Ministry grants relief package to support struggling factories Ministry of Industry has announced a new package of incentives... Businessmen Team 03 Jan 2026 The measures, implemented through the Industrial Development Authority (IDA), are designed to suppo...
USD, EGP exchange rate remains stable The US dollar remained stable against the Egyptian pound at... Businessmen Team 31 Dec 2025 Dollar rates at major Egyptian banks:National Bank of Egypt:Buying: EGP 47.65 Selling: EGP 47.75Ban...
Agiba Petroleum posts highest daily output The Cabinet’s Media Center announced on Wednesday that Agiba Petroleum... Businessmen Team 31 Dec 2025 The Media Center stated that the company’s crude oil production reached approximately 32,000 barrel...
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...