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...
PM reviews West Ras El Hekma development vision Prime Minister Dr. Moustafa Madbouly chaired a meeting today Monday... Businessmen Team 08 Dec 2025 Minister of Housing, Utilities, and Urban Communities Engineer Sherif El-Sherbiny presented the str...
El Garhy Group raises Arab Developers stake by EGP 124m El Garhy Group for Investment and Development has increased its... Businessmen Team 08 Dec 2025 The Group purchased 500 million shares for a total value of EGP 124 million, at an average price of...
Finance Ministry holds public Hajj lottery for staff Minister of Finance Ahmed Kouchouk oversaw the public lottery drawing... Businessmen Team 08 Dec 2025 A total of 227 Ministry employees applied for the visas this year, which were approved by the Cabin...
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...
Talaat meets Abdel Aziz to discuss joint cooperation prospects Dr. Amr Talaat, Minister of Communications and Information Technology, met... Businessmen Team 07 Dec 2025 The meeting reviewed ways to strengthen coordination to ensure the development of a media and digit...
PM unveils measures to boost investments in key sectors Prime Minister Dr. Moustafa Madbouly held a meeting today to... Businessmen Team 07 Dec 2025 The meeting was attended by Dr. Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development a...
Egypt’s FRA mandates government insurance funds to invest in listed equities The Financial Regulatory Authority (FRA), headed by Dr. Mohamed Farid,... Businessmen Team 07 Dec 2025 The decision states that each fund must invest between 5 percent and 20 percent of its total assets...
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...
Kouchouk: Raising state revenue key to improving citizens' lives Finance Minister, Ahmed Kouchouk, stated on Sunday that the government's... Businessmen Team 07 Dec 2025 Speaking to students at Nile University, Kouchouk emphasized the need for greater revenue generatio...
