Suez Canal sees 5.2% jump in ships transiting since July Suez Canal navigation rates improved following the return of stability... Businessmen Team 11 Dec 2025 The increase contributed to a rise in revenues, which hit $1.97 billion since July 2025, up from $1...
Madbouly: Fitch raises Egypt’s economic growth forecast Prime Minister Dr. Moustafa Madbouly held his weekly press conference... Businessmen Team 10 Dec 2025 Madbouly began his weekly address by referring to the report published by the American credit ratin...
Arab Contractors secures major infrastructure projects in Jordan Arab Contractors Company has secured major infrastructure projects in the... Businessmen Team 09 Dec 2025 The latest move involved signing two agreements with the Jordanian Ministry of Water and Irrigation...
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...
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...
Egypt, U.S. Blumberg Grain discuss food security partnership, regional hub Minister of Investment and Foreign Trade Engineer Hassan El-Khatib met... Businessmen Team 07 Dec 2025 The talks, held at the New Administrative Capital, also covered Blumberg Grain’s plans to establish...
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...
China National Tire increases investments in Egypt by $400 Million The Cabinet’s Media Center confirmed on Saturday that the announcement... Businessmen Team 06 Dec 2025 The Center stated that the Chinese company has decided to increase its investments in Egypt by $400...
IMF notes major progress in investment, trade matters Minister of Investment and Foreign Trade, Engineer Hassan El-Khatib, received... Businessmen Team 06 Dec 2025 The meeting focused on discussing key economic developments and ongoing fiscal, institutional, and...
Fitch boosts Egypt’s economic growth forecast Fitch Ratings has revised its growth forecast for the Egyptian... Businessmen Team 05 Dec 2025 The agency raised its forecast to 4.9% in October. It has now increased it to 5.2% in November....
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...
Madbouly reviews progress of works at new urban development on Warraq Island Prime Minister Dr. Moustafa Madbouly held a meeting today to... Businessmen Team 02 Dec 2025 The meeting was attended by Engineer Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban...
