Al-Mashat discusses readiness for $3.4B EU budget support Minister of Planning and Economic Development and International Cooperation Dr.... Businessmen Team 09 Oct 2025 The meeting, held on the sidelines of the second Global Gateway Forum in Brussels, focused on stren...
Beltone injects EGP 7.37B into subsidiaries following capital increase Beltone Holding announced that it has spent around EGP 7.37... Businessmen Team 07 Oct 2025 In a disclosure, the company said it disbursed about EGP 5.67 billion as payments toward the capita...
Egypt joins investment facilitation for development agreement Prime Minister Moustafa Madbouly chaired today’s Cabinet meeting, which approved... Businessmen Team 07 Oct 2025 Minister of Investment and Foreign Trade Hassan El-Khatib said the agreement aims to establish a un...
Palm Hills Developments’ sales hit EGP 182B with new land buys Palm Hills Developments announced total sales of EGP 182 billion... Businessmen Team 05 Oct 2025 In a disclosure, the company said it had acquired a 315-acre plot of land at the entrance to the Ne...
ACUD posts EGP 26 billion net profit for 2024 The Administrative Capital for Urban Development (ACUD) announced its financial... Businessmen Team 05 Oct 2025 In a statement, the company said that its General Assembly met on Sunday to approve the financial s...
Saada: Monetary policy balances growth and financing costs Mohamed Saada, Secretary-General of the Federation of Egyptian Chambers of... Businessmen Team 04 Oct 2025 The committee decided to reduce the overnight deposit and lending rates by 1 percentage point, to 2...
Bishai: Inflation expected to drop to around 14% in Q4 2025 Engineer Matta Bishai, head of the Domestic Trade Committee of... Businessmen Team 04 Oct 2025 Bishai explained that the decision was supported by a decline in the annual inflation rate in Egypt...
Cabinet: Egypt’s Real Estate Platform aims to develop property market system The Cabinet affirmed on Friday that Egypt’s Real Estate Platform... Businessmen Team 03 Oct 2025 The Cabinet’s Media Center stated that the platform aims to develop the real estate marketing syste...
CBE Cuts Interest Rates by 1% The Monetary Policy Committee of the Central Bank of Egypt... Businessmen Team 02 Oct 2025 The decision reflects the committee’s assessment of the latest inflation developments and outlook...
Urgent: Central Bank slashes interest rates by 1% The Monetary Policy Committee of the Central Bank of Egypt... Businessmen Team 02 Oct 2025 The rates were reduced to 21.00%, 22.00%, and 21.50%, respectively. The discount rate was also lowe...
Egypt Telecom names Tamer El Mahdy as new CEO Minister of Communications and Information Technology, Dr. Amr Talaat, met... Businessmen Team 30 Sep 2025 The meeting followed a morning session of the Telecom Egypt board of directors, which approved the...
Expatriate remittances to Egypt surge to all-time high of $36.5B Remittances from Egyptians working abroad more than doubled over the... Businessmen Team 29 Sep 2025 The Media Center attributed the record leap in transfers to the Central Bank of Egypt's (CBE) monet...