Al Habtoor praises stunning preparations for GEM Opening Emirati businessman Khalaf Al Habtoor has praised Egypt’s stunning preparations... Businessmen Team 31 Oct 2025 “I am following with great interest the stunning preparations for the opening of the Grand Egyptian...
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...
USD stable against EGP Wednesday October 29 The US dollar recorded stable exchange rates against the Egyptian... Businessmen Team 29 Oct 2025 Dollar exchange rates in major Egyptian banks:Central Bank of Egypt (CBE):Buying: EGP 47.23 Selling...
Gobran announces official holiday for private sector on November 1 Minister of Labor Mohamed Gobran announced that next Saturday, November... Businessmen Team 26 Oct 2025 Labor Minister explained that the decision follows Prime Minister Dr. Moustafa Madbouly’s directive...
Madbouly inaugurates development, service projects in Suez Prime Minister Dr. Moustafa Madbouly conducted a field visit today,... Businessmen Team 26 Oct 2025 The visit included projects across various sectors, particularly in healthcare and education. It al...
Tax Authority denies increase in cigarette value-added tax The Egyptian Tax Authority confirmed that claims circulating on some... Businessmen Team 26 Oct 2025 The Egyptian Tax Authority stated categorically that no changes will occur in the VAT rates applied...
Subsidized bread price remains at 20 piasters despite diesel increase Dr. Sherif Farouk, Minister of Supply and Internal Trade, confirmed... Businessmen Team 19 Oct 2025 Farouk explained that the ministry’s plans take into account all cost elements and production input...
Al-Mashat: S&P hails public investment reforms Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International... Businessmen Team 12 Oct 2025 Dr. Al-Mashat said that the agency’s report expects the Egyptian economy to maintain strong growth...
Tameer secures EGP 2.1B for Azad Views project Tameer Real Estate Development Company has secured a syndicated loan... Businessmen Team 11 Oct 2025 The loan aims to cover the investment costs for the upcoming phases of the project, which is being...
Egypt's economy shows stability, PM Madbouly says Prime Minister Dr. Moustafa Madbouly said the country's economic performance... Businessmen Team 08 Oct 2025 "This is reflected in the exchange rate of the dollar against the pound, which gives very good indi...
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...
