Mitsubishi Motors confirms plan to expand Egypt investments His Excellency Ambassador Ragui El-Etreby, Egyptian Ambassador to Japan, met... Businessmen Team 09 Dec 2025 The meeting focused on opportunities for Mitsubishi Motors to scale up its operations in Egypt, inc...
Egypt launches $100m textile, spinning industrial complex Hossam Heiba, CEO of the General Authority for Investment and... Businessmen Team 09 Dec 2025 The company announced its intention to establish a new spinning and weaving factory spanning 200,00...
Leoni opens automotive wiring harness factory in Badr City Prime Minister Dr. Moustafa Madbouly inaugurated the new factory of... Businessmen Team 09 Dec 2025 The facility, known as "Leoni Badr 4," spans 14,000 square meters and is part of the company's expa...
KABO eyes international partnerships to boost factories, exports El Nasr Clothing and Textiles Company (KABO) announced a comprehensive... Businessmen Team 08 Dec 2025 The plan will nearly double the company's total production lines from 41 to 78 across both factorie...
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...
Al-Wazir inspects high-speed rail progress in Upper Egypt, Nile crossings Deputy Prime Minister for Industrial Development, Minister of Industry and... Businessmen Team 08 Dec 2025 Al-Wazir, accompanied by the Governors of Luxor, Qena, Sohag, and Minya, and heads of transport aut...
Egypt, Pico Petroleum sign $30M deal for Suez Gulf exploration The Egyptian General Petroleum Corporation (EGPC) and Pico Petroleum have... Businessmen Team 08 Dec 2025 The Cabinet Media Center stated the agreement represents a successful model for partnership with th...
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 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...
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...
