SCZONE launches $70m Chinese glassware factory in Sokhna The Suez Canal Economic Zone (SCZONE) Wednesday held a cornerstone... Businessmen Team 10 Dec 2025 The facility is located within the "Sokhna 360" integrated industrial city, developed by ElSwedy In...
Egypt holds talks with Japan's SoftBank on green energy cooperation Egypt's Ambassador to Japan, Ragui El-Etreby, met with executives from... Businessmen Team 10 Dec 2025 The Ambassador highlighted the positive developments in the Egyptian economy and the extensive oppo...
Kouchouk: Fiscal policies must enhance productivity, exports, improve debt indicators Minister of Finance Ahmed Kouchouk affirmed that stimulating the economy... Businessmen Team 09 Dec 2025 At the regional workshop of the Arab Debt Management Group, held under his auspices, Kouchouk said...
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...
EBRD, NBE sign $100m MSME financing agreement Minister of Planning and Economic Development and Governor to the... Businessmen Team 08 Dec 2025 The financing is dedicated to supporting the development of Micro, Small, and Medium Enterprises (M...
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...
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, 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...
Egypt expects over 5% economic growth this year, says Al-Mashat Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and... Businessmen Team 06 Dec 2025 The meeting included a presentation on the latest developments in economic and structural reforms,...
Egypt, Qatar deepen economic cooperation Dr. Badr Abdelatty, Egypt’s Minister of Foreign Affairs, Immigration, and... Businessmen Team 06 Dec 2025 The meeting discussed ways to enhance the growing cooperation between Egypt and Qatar in economic,...
