Transport Ministry: No plans to raise metro ticket prices Ministry of Transport denied on Friday reports that it plans... Businessmen Team 02 Jan 2026 In a statement addressing reports circulated by local media, the ministry dismissed claims that the...
Giza Contracting increases capital to boost construction, real estate activities Giza General Contracting and Real Estate Investment Company has decided... Businessmen Team 23 Dec 2025 The company’s issued and paid-up capital is set to rise from EGP 288.54 million to EGP 432.81 milli...
FRA approves capital increase for Arab Developers Holding Company The Financial Regulatory Authority (FRA) approved the publication of Arab... Businessmen Team 21 Dec 2025 The disclosure report outlines the procedures to raise the company’s issued capital in cash from EG...
Egyptian expat remittances jump 42.8% in first 10 months Remittances from Egyptians working abroad reached a record $33.9 billion... Businessmen Team 21 Dec 2025 The figures, covering January to October, represent a surge in one of Egypt’s primary sources of fo...
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...
TMG shares rise 2.51% on Egyptian Exchange Talaat Moustafa Group (TMG) shares continued their consecutive gains on... Businessmen Team 17 Nov 2025 The stock closed at EGP 76.88, up 2.51% on Monday, supported by positive news on TMG’s ongoing and...
Badawi announces start of initial gas production at West Burullus field Karim Badawi, Minister of Petroleum and Mineral Resources, announced the... Businessmen Team 15 Nov 2025 He explained that work is underway to accelerate the connection of two additional wells. He said pr...
GB Corp profits jump 24% to over EGP2.3 billion The consolidated financial statements for GB Corporation showed a 24%... Businessmen Team 15 Nov 2025 The company announced a consolidated net profit of EGP 2.35 billion for the period from January to...
Al Mashat: Egyptian firms ready for Lebanon reconstruction Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International... Businessmen Team 02 Nov 2025 The remarks came during a meeting with Dr. Amer Bisat, Lebanese Minister of Economy and Trade. The...
Ministry of Supply monitors markets after fuel price increase Dr. Sherif Farouk, Minister of Supply and Internal Trade, chaired... Businessmen Team 18 Oct 2025 Major General Walid Abu El-Magd, Deputy Minister of Supply and Internal Trade; Hossam El-Garahy, As...
Al Ismaelia plans capital increase for downtown Cairo expansion Al Ismaelia Real Estate Investment Company, which specializes in developing... Businessmen Team 14 Oct 2025 Karim Shafei, CEO of the company, said that the company aims to acquire several buildings in the co...
Egypt climbs in global ICT development index The Cabinet revealed on Friday that Egypt has achieved a... Businessmen Team 10 Oct 2025 The Cabinet’s Media Center indicated that Egypt’s score on this index rose from 75.8 points in 2023...
