Egypt confirms no avian influenza as poultry prices rise due to seasonal demand The Cabinet’s Media Center issued a statement on its social... Businessmen Team 09 Jan 2026 The Media Center stated that, following coordination with the Ministry of Agriculture and Land Recl...
Vodafone Egypt wins 2025 “Gartner Eye on Innovation” award for network resilience Vodafone Egypt has received the 2025 “Gartner Eye on Innovation”... Businessmen Team 31 Dec 2025 The award highlights the significance of Vodafone Egypt’s technological innovation, MRAT Availabili...
Abu Qir Fertilizers targets EGP 8.8B profit in 2026 Abu Qir Fertilizers and Chemical Industries approves 2026 budget. Businessmen Team 31 Dec 2025 The company said in a statement that it aims to achieve a pre-tax net profit of EGP 8.83 billion in...
MIC net profit falls 5% in nine months The consolidated financial statements of Mohandes Insurance Company (MIC) for... Businessmen Team 31 Dec 2025 The company said in a statement that it recorded a net profit of EGP 335.87 million for the period,...
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...
EgyptAir launches new route to Venice from June EgyptAir, Egypt’s national carrier, announced continued progress in implementing its... Businessmen Team 29 Dec 2025 In this context, EgyptAir announced the launch of a new route connecting Cairo with Venice, Italy,...
Housing Ministry, Mwasalat Misr partner to overhaul transport in new cities Minister of Housing, Utilities, and Urban Communities, Engineer Sherif El-Sherbiny,... Businessmen Team 29 Dec 2025 The talks centered on a proposed roadmap to integrate local transit networks within new cities into...
Foodico targets EGP 70.44 million profit in 2026 budget Ismailia National Company for Food Industries (Foodico) has approved its... Businessmen Team 28 Dec 2025 The company stated that it aims to achieve a net profit of EGP 70.44 million in 2026, compared to...
Egypt launches major power grid project for reclamation plan The Egyptian Countryside Development Company has announced the start of... Businessmen Team 27 Dec 2025 The project, coordinated with the Ministry of Electricity, aims to provide sustainable energy to ap...
CBE cuts interest rates by 1% The Monetary Policy Committee of the Central Bank of Egypt... Businessmen Team 25 Dec 2025 The Committee also decided to reduce the credit and discount rate by 100 basis points to 20.50%. Th...
Abdel Wahab: CBE set to cut interest rates amid falling inflation Dr. Mohamed Abdel Wahab, an economic analyst and financial advisor,... Businessmen Team 24 Dec 2025 Abdel Wahab explained that the drop in the annual urban inflation rate to 12.3% in November, compar...
Madinet Masr signs EGP 1.45b deal for Sarai project Real estate developer Madinet Masr has signed a memorandum of... Businessmen Team 24 Dec 2025 Under the agreement, Forward Contractors will execute works valued at 1.45 billion Egyptian pounds....
