Egypt to receive $1.2 billion in new IMF funding Sources reported on Wednesday that Egypt is set to receive... Businessmen Team 25 Dec 2024 The IMF's Executive Board approved the disbursement, acknowledging the challenging economic conditi...
Toyota production slumps for 10th month despite strong sales Toyota Motor Corporation, Japan's leading automaker, reported a continued decline... Businessmen Team 25 Dec 2024 In November, Toyota produced 869,230 vehicles worldwide, marking a 6.2% decrease compared to the sa...
Oil prices stabilize after decline amid concerns over Panama Canal Oil prices stabilized this week after a period of decline,... Businessmen Team 24 Dec 2024 Brent crude was trading near $73 per barrel, following a 2.1% decrease in the previous week. West T...
Honda and Nissan to merge in historic deal Japanese automotive giants Honda and Nissan announced on Monday their... Businessmen Team 24 Dec 2024 In a joint statement, the three companies revealed that if negotiations are successful, the merger...
Talaat Moustafa stock leads to gains in main stock index The Egyptian stock market opened higher on Monday, fueled by... Businessmen Team 23 Dec 2024 The EGX 30 rose 0.19% to 30,430 points, while the price-weighted EGX 30 gained 0.25% to 37,480 poin...
Sudan, Saudi Arabia, Russia, Libya top Egypt agriculture exports A recent report by the Information Center of the General... Businessmen Team 22 Dec 2024 Tomatoes led exports with 9,000 tons, followed by sweet potatoes (8,000 tons) and beans (5,000 tons...
Joint Egypt-Saudi Arabia talks on energy collaboration Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, met... Businessmen Team 22 Dec 2024 The meeting, held at the Ministry's headquarters in the new administrative capital, focused on revi...
Toyota to reduce price of bZ4X electric car Motor Corporation, the world's largest automaker by sales, has decided... Businessmen Team 19 Dec 2024 The starting price for the front-wheel-drive XLE trim will be $37,070, representing a decrease of...
Investment tender launched for kaolin, glass sand exploration Minister of Petroleum and Mineral Resources Engineer Karim Badawy held... Businessmen Team 18 Dec 2024 Badawy emphasized the ministry's commitment to significantly grow Egypt's mining sector, increasing...
Sawiris family bids to acquire Orascom Development Holding The Sawiris family, through their wholly-owned company LPSO Holding Ltd,... Businessmen Team 18 Dec 2024 According to a disclosure to the Egyptian Exchange, the tender offer aims to consolidate ownership...
Tesla hits $2 trillion milestone on bullish outlook Two major investment firms have raised their price targets for... Businessmen Team 17 Dec 2024 Wedbush raised its price target for Tesla shares to $515, representing a 15% increase from last Fri...
Peugeot 5008 facelift nears Egyptian market launch Khaled Youssef, the Executive Director of Peugeot in Egypt, attended... Businessmen Team 17 Dec 2024 Khaled Youssef stated that 2025 will be a significant year for the Peugeot brand in the local marke...
