USD, EGP exchange rate remains stable The US dollar remained stable against the Egyptian pound at... Businessmen Team 31 Dec 2025 Dollar rates at major Egyptian banks:National Bank of Egypt:Buying: EGP 47.65 Selling: EGP 47.75Ban...
Petroleum Ministry: International oil companies’ debts fall gradually in 2025 During today’s Cabinet meeting, chaired by Prime Minister Moustafa Madbouly,... Businessmen Team 31 Dec 2025 Minister Badawi explained that the report highlighted a significant structural reset in Egypt’s pet...
Badawi witnesses signing of $140M metallic silicon complex deal Egypt’s Minister of Petroleum and Mineral Resources, Engineer Karim Badawi,... Businessmen Team 31 Dec 2025 The agreement was signed by Dr. Amjad Kamel, Chairman of Alamein Silicon Products Company, with a c...
Orascom to establish wholly-owned subsidiary company in China Orascom Investment Holding has decided to establish a wholly-owned subsidiary... Businessmen Team 31 Dec 2025 The company said in a disclosure that Marwan Mohamed, Executive Board Member, Wael Adel, Chief Fina...
Kouchouk cuts $80 mechanization fees with launch of mandatory ACI system Minister of Finance Ahmed Kouchouk issued a decree reducing the... Businessmen Team 31 Dec 2025 The decision coincides with the mandatory implementation of the Advanced Cargo Information system (...
Egypt’s East Nile Monorail unaffected by water pipe break The National Authority for Tunnels issued a press statement regarding... Businessmen Team 30 Dec 2025 The Authority confirmed that the monorail project was completely unaffected by the incident and sta...
Madbouly oversees Nazlet El‑Semman revival project as global tourist destination Prime Minister Moustafa Madbouly held a meeting this evening to... Businessmen Team 30 Dec 2025 The meeting was attended by Engineer Sherif El Sherbiny, Minister of Housing, Utilities and Urban C...
PM reviews mechanisms to maximize returns from Egypt’s Sovereign Fund assets Prime Minister Dr. Moustafa Madbouly met this evening at the... Businessmen Team 30 Dec 2025 Counselor Mohamed El‑Homsani, official spokesperson for the Prime Minister’s Office, said the meeti...
Al Mashat: Egypt’s economy recovers Dr. Rania Al Mashat, Minister of Planning, Economic Development and... Businessmen Team 30 Dec 2025 Dr. Al Mashat reviewed the improvement in Egypt’s economic conditions as a result of government eff...
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...
Gov’t launches strategic push to localize textile industry, curb imports Minister of Industry and Transport, Engineer Kamel Al-Wazir, convened a... Businessmen Team 30 Dec 2025 The summit, which included representatives from the Chamber of Ready-Made Garments, the Chamber of...
Egypt, Sudan move toward industrial integration Engineer Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and... Businessmen Team 30 Dec 2025 The high-level meeting, attended by Sudanese Ambassador Emad El-Din Adawy, focused on transforming...
