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...
Leoni opens automotive wiring harness factory in Badr City Prime Minister Dr. Moustafa Madbouly inaugurated the new factory of... Businessmen Team 09 Dec 2025 The facility, known as "Leoni Badr 4," spans 14,000 square meters and is part of the company's expa...
Housing: IBAN modification allowed for 2,512 reserved units Ministry of Housing, Utilities, and Urban Communities has announced, in... Businessmen Team 08 Dec 2025 This change, introduced for the current offering of 25,012 housing units, aims to enhance transpare...
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...
KABO eyes international partnerships to boost factories, exports El Nasr Clothing and Textiles Company (KABO) announced a comprehensive... Businessmen Team 08 Dec 2025 The plan will nearly double the company's total production lines from 41 to 78 across both factorie...
El Garhy Group raises Arab Developers stake by EGP 124m El Garhy Group for Investment and Development has increased its... Businessmen Team 08 Dec 2025 The Group purchased 500 million shares for a total value of EGP 124 million, at an average price of...
Finance Ministry holds public Hajj lottery for staff Minister of Finance Ahmed Kouchouk oversaw the public lottery drawing... Businessmen Team 08 Dec 2025 A total of 227 Ministry employees applied for the visas this year, which were approved by the Cabin...
Al-Wazir inspects high-speed rail progress in Upper Egypt, Nile crossings Deputy Prime Minister for Industrial Development, Minister of Industry and... Businessmen Team 08 Dec 2025 Al-Wazir, accompanied by the Governors of Luxor, Qena, Sohag, and Minya, and heads of transport aut...
Egypt, Pico Petroleum sign $30M deal for Suez Gulf exploration The Egyptian General Petroleum Corporation (EGPC) and Pico Petroleum have... Businessmen Team 08 Dec 2025 The Cabinet Media Center stated the agreement represents a successful model for partnership with th...
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...
El-Sherbiny inspects major projects in New Alamein Engineer Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities,... Businessmen Team 07 Dec 2025 The Minister visited the site of the presidential initiative “Housing for All Egyptians” in New Ala...
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...
