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...
Egypt, Bulgaria strengthen economic ties Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International... Businessmen Team 04 Dec 2025 Dr. Rania Al-Mashat affirmed that today’s event reflects the shared commitment to strengthening the...
USD, EGP exchange rate remains stable The US dollar remained stable at the close of trading... Businessmen Team 04 Dec 2025 Dollar rates today in Egyptian banks:National Bank of Egypt (NBE):Buying: EGP 47.52Selling: EGP 47.6...
Ministries meet Poultry Federation to boost local production, cut imports A high-level coordination meeting was held Saturday, bringing together Minister... Businessmen Team 30 Nov 2025 The meeting included members of the General Union of Poultry Producers, key investors in the sector...
SDC expands luxury hotel brand LUXOR across Egypt SDC Public Investment Fund has begun expanding its hotel operations... Businessmen Team 22 Nov 2025 SDC stated that it will not only offer a new hotel product but also introduce a new culture within...
Arab Group, Elsewedy to build industrial zone in New 6th of October City Egyptian developer Arabia Developments has signed a cooperation agreement with... Businessmen Team 10 Nov 2025 The move supports Egypt's national strategy to localize industry and boost the local component thro...
Mars launches new production lines in 6th of October City Lieutenant General Kamel Al Wazir, Deputy Prime Minister for Industrial... Businessmen Team 12 Oct 2025 El Khatib stated that Mars has expanded its operations in Egypt with investments exceeding USD 280...
Egyptian pound gains as US dollar falls The US dollar continued its decline against the Egyptian pound... Businessmen Team 02 Oct 2025 The Central Bank of Egypt (CBE) recorded the dollar at EGP 47.79 for buying and EGP 47.92 for selli...
ORASCOM begins trading on Abu Dhabi securities exchange Orascom Construction PLC (ADX and EGX: ORAS) announced today that... Businessmen Team 11 Sep 2025 Shareholders approved all extraordinary resolutions at an Extraordinary General Assembly meeting he...
Dollar-EGP exchange rate stable at start of trading Thursday The US dollar's exchange rate against the Egyptian pound remained... Businessmen Team 04 Sep 2025 The dollar's rates at major banks at the beginning of the day were as follows:National Bank of Egyp...
USD stable against EGP on Monday The US dollar remained stable against the Egyptian pound on... Businessmen Team 01 Sep 2025 The exchange rate held steady in major banks, with the dollar trading at 48.54 pounds for buying an...
Sun Garden launches German investment project in SCZONE’s Qantara West Walid Gamal El-Din, Chairman of the General Authority for the... Businessmen Team 27 Aug 2025 The project will be established on a 30,000-square-meter plot in the Qantara West Industrial Zone,...