SCA, Anchorage to build $6bn petrochemical plant in Ain Sokhna The Suez Canal Authority (SCA) and Anchorage Investments have signed... Businessmen Team 21 Dec 2025 The project will be located on SCA-owned land in Ain Sokhna, northwest of the Gulf of Suez. The fir...
Egypt to unveil new tax strategy by 2026 as Finance Minister pledges major reforms Finance Minister Ahmed Kouchouk announced a new strategic shift in... Businessmen Team 20 Dec 2025 Kouchouk confirmed that a comprehensive tax policy strategy will be unveiled in the first quarter o...
EGX meets market participants to discuss trading mechanism proposals The Egyptian Exchange (EGX) held an expanded meeting on Thursday,... Businessmen Team 19 Dec 2025 The meeting discussed a proposal to extend trading hours by one additional hour, with sessions sta...
JOIN: Egypt presents major investment opportunities Egypt’s Ambassador to Japan, Ragui El-Etreby, met with the President... Businessmen Team 19 Dec 2025 During the meeting, the Ambassador highlighted Egypt’s significant development in infrastructure,...
TMG opens new Carrefour branch in The Village, Celia, New Administrative Capital Talaat Moustafa Group (TMG) announced the opening of its latest... Businessmen Team 19 Dec 2025 The new Carrefour store occupies a strategic location within The Village and spans 1,600 square me...
EU cuts inspection rate on Egyptian citrus to 10%, says Farouk Alaa Farouk, Minister of Agriculture and Land Reclamation, announced that... Businessmen Team 19 Dec 2025 The announcement follows an official report received from Dr. Mohamed El-Mansi, Head of the Centra...
Egypt clarifies Ain Sokhna land deal with Al Mana Holding The Cabinet’s Media Center issued a statement on its official... Businessmen Team 18 Dec 2025 The Suez Canal Economic Zone (SCZone) Authority confirmed that the SCZone and all its industrial ar...
USD stable against EGP Thursday December 18 The US dollar remained stable against the Egyptian pound on... Businessmen Team 18 Dec 2025 Dollar rates at Egyptian banks:Suez Canal Bank:Buying: EGP 47.40 Selling: EGP 47.50The United Bank:...
Kouchouk: Private sector confidence drives Egypt’s investment growth Kouchouk affirmed that the 73% increase in private investments highlights... Businessmen Team 18 Dec 2025 The Finance Minister spoke at the fourth annual “Food Egypt” conference, organized by the Food Indu...
Egypt, Jordan sign electricity exchange agreement Egypt and Jordan signed an agreement on Thursday to renew... Businessmen Team 18 Dec 2025 The contract was signed by Engineer Mona Rizq, head of the Egyptian Electricity Transmission Compan...
Public input to shape Egypt’s new tax facilitation measures Egypt is launching a second package of tax facilities aimed... Businessmen Team 18 Dec 2025 Following directives from Finance Minister Ahmed Kouchouk, the authority has begun community dialog...
Shimi meets World Bank delegation to boost cooperation Minister of Public Business Sector Engineer Mohamed Shimi received a... Businessmen Team 17 Dec 2025 The meeting was held in the presence of Mahmoud El Sakka, Advisor to the Prime Minister for Public...
