ADTIC plans to open Sofitel Legend Pyramids in West Cairo by 2027 Abu Dhabi Tourism Investment Company (ADTIC) revealed the latest developments... Businessmen Team 16 Dec 2025 Yahya Kotb, Chief Executive Officer of ADTIC, said the company plans to open the Sofitel Legend Pyr...
Japanese giant Sumitomo eyes Egypt expansion Egypt's Ambassador to Japan, Ragui El-Etreby, met with leaders of... Businessmen Team 16 Dec 2025 The meeting focused on leveraging the structural reforms and promising opportunities within the Egy...
El-Samadouni: Suez Canal revenues rose to $1.97 billion in October Dr. Amr El-Samadouni, Secretary General of the International Transport and... Businessmen Team 15 Dec 2025 El-Samadouni explained that the canal’s revenues recorded a partial recovery from July to early Dec...
US dollar stabilizes against Egyptian pound After days of fluctuation, the US dollar stabilized at similar... Businessmen Team 15 Dec 2025 This stability indicates that the exchange market is still influenced by dollar inflows and import...
Esmat: Egypt modernizes electricity grid to expand clean energy Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy, affirmed... Businessmen Team 15 Dec 2025 The minister highlighted the addition of approximately 32 gigawatts of generation capacity and the...
Ministry of Supply, CIB cooperate to advance digital transformation Dr. Sherif Farouk, Minister of Supply and Internal Trade, witnessed... Businessmen Team 15 Dec 2025 The signing of the addendum comes as part of the expansion of electronic service applications. The...
Egypt, Oman discuss cooperation in sustainable new cities development Engineer Sherif El Sherbiny, Minister of Housing, Utilities, and Urban... Businessmen Team 15 Dec 2025 The two ministers, joined by officials from both sides, discussed mechanisms for enhancing joint co...
Madinaty Golf Club hosts “Golfing to Support Alzheimer's Patients” tournament Coinciding with the International Volunteer Day in December, Madinaty Golf... Businessmen Team 15 Dec 2025 The tournament was organized in collaboration with the Rotary Club of Madinaty Golf. The "We Are Wi...
Egypt-Albania joint economic committee concludes inaugural session, deepens ties The first session of the Egyptian-Albanian Joint Committee for Economic,... Businessmen Team 15 Dec 2025 The Egyptian delegation was headed by Dr. Rania Al-Mashat, Minister of Planning and Economic Develo...
Kouchouk unveils new tax breaks to boost confidence, investment Finance Minister Ahmed Kouchouk has confirmed that new "tax facilities"... Businessmen Team 15 Dec 2025 Speaking to real estate developers, Kouchouk emphasized that the ministry's focus is on supporting...
Al Mana Holding leads first Qatari industrial investment in SCZone Prime Minister Dr. Moustafa Madbouly today witnessed the signing ceremony... Businessmen Team 14 Dec 2025 The event was attended by Walid Gamal El-Din, Chairman of SCZone; Abdulaziz Al Mana, CEO of Al Mana...
TBK signs deal with Minor Hotels to expand in Egypt, Saudi Arabia TBK International, the development arm of Tabarak Holding Group in... Businessmen Team 14 Dec 2025 TBK signed a strategic cooperation agreement with Minor Hotels during the Tourise Summit in Riyadh,...