Fitch predicts strong pound performance against dollar in 2026 Fitch Ratings released a strong outlook for Egypt's external sector... Businessmen Team 07 Dec 2025 Fitch noted a significant increase in portfolio investments since last August, driven by attractive...
South Valley Cement sells entire stake in Al Ahly for Development at EGP 63.6 million South Valley Cement has sold its entire 11.02% stake in... Businessmen Team 03 Dec 2025 The company sold 1.985 million shares for a total transaction value of EGP 63.609 million, at an av...
Gold market holds steady amid global interest rate jitters Egypt's gold market maintained relative stability during trading on Sunday,... Businessmen Team 23 Nov 2025 The price of 24-karat gold, the benchmark most closely linked to the global rate, was recorded at 6...
Lecico Egypt’s profit drops 66% in first nine months of 2025 Lecico Egypt announced a 66% year-on-year decline in its net... Businessmen Team 16 Nov 2025 The company stated in a disclosure to the Egyptian Exchange today that it recorded a net profit of...
Epico’s profit exceeds EGP 1.1 billion in first nine months of 2025 The Egyptian International Pharmaceutical Industries Company (Epico) announced a 17%... Businessmen Team 16 Nov 2025 Epico stated in a disclosure to the Egyptian Exchange today that it achieved a net profit of EGP 1....
Macro Group returns to profit in first nine months of 2025 Macro Group for Pharmaceuticals, Macro Capital reported a return to... Businessmen Team 14 Nov 2025 The company said in a statement that it recorded a net profit of EGP 103.93 million during the peri...
Fitch raises Egypt growth forecast to 4.9% for 2025-2026 Credit rating agency Fitch revised its growth forecast for the... Businessmen Team 06 Nov 2025 According to a report issued by Fitch and cited by the cabinet's Media Center on Thursday, the Egyp...
US Fed Rate cut reshapes global investment landscape, says analyst The US Federal Reserve’s recent decision to cut interest rates... Businessmen Team 30 Oct 2025 In press statements, Abdel Wahab explained that the financial markets' immediate reaction was muted...
Real estate giant Talaat Moustafa's profit surges 69% in H1 Talaat Moustafa Group (TMG) reported a 69 percent jump in... Businessmen Team 28 Oct 2025 The increase was driven by new contracts and rising real estate prices in the Egyptian market, whic...
SODIC posts EGP 10.6 billion revenues in nine months Sixth of October for Development and Investment (SODIC) recorded revenues... Businessmen Team 26 Oct 2025 SODIC stated that the growth was driven by higher sales and the delivery of a larger number of unit...
El-Sisi affirms economic reform, announces Gaza reconstruction conference President Abdel Fattah El-Sisi stressed that confronting economic challenges requires... Businessmen Team 19 Oct 2025 El-Sisi spoke at the 42nd Armed Forces Cultural Symposium during Egypt’s 52nd October Victory anniv...
Raya Holding denies decisions on acquisitions, foreign investments Raya Holding for Financial Investments denied making any decisions regarding... Businessmen Team 14 Oct 2025 In a statement responding to inquiries from the Egyptian Exchange on Tuesday, the company confirmed...
