Four exploratory oil wells in Western Desert add 4,500 barrels per day Drilling results from four new exploratory oil wells in the... Businessmen Team 09 Jan 2026 Tharwa Petroleum, a 100% Egyptian company, achieved a new discovery at the EAS Z-3 well in the East...
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...
Zaki: Youth empowerment drives industry, exports Ahmed Zaki, Secretary General of the Exporters Division at the... Businessmen Team 08 Jan 2026 Zaki explained that the Akhbar Al Youm Economic Conference, which holds its meetings with youth at...
Safe-haven demand drives gold prices higher Gold prices in Egypt rose on Thursday, January 8, as... Businessmen Team 08 Jan 2026 Local traders reported a notable increase in prices across all karats, reflecting the rising cost o...
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...
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...
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...
Egypt, Lebanon sign MoU to supply Deir Ammar power plant with natural gas The Egyptian Ministry of Petroleum and Mineral Resources and the... Businessmen Team 29 Dec 2025 Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, and Joe Saddi, Lebanese Ministe...
Badawi reviews Egypt’s 2026 gas production, exploration plans Minister of Petroleum and Mineral Resources, Karim Badawi, held a... Businessmen Team 28 Dec 2025 The minister discussed with ministry and EGAS officials the need to expedite the commissioning of n...
Egypt, Djibouti ink port, logistics, green energy deals Deputy Prime Minister for Industrial Development, Kamel Al-Wazir, concluded a... Businessmen Team 28 Dec 2025 The visit, which included a delegation of seven major Egyptian infrastructure firms, aimed to cemen...
Golden Land invests EGP 5b in Naseem project Golden Land Real Estate developer has launched a 5-billion-pound residential... Businessmen Team 27 Dec 2025 The development, named Naseem Compound, will be located in the Green Revolution area. CEO Mohamed H...
