Gold prices surge in Egypt today Gold prices in the Egyptian domestic market surged today, Monday,... Businessmen Team 12 Jan 2026 The notable increase in local gold prices came despite the gradual decline of the US dollar against...
CBE, Afreximbank partner on new Pan-African gold bank The Central Bank of Egypt (CBE) and the African Export-Import... Businessmen Team 30 Dec 2025 This strategic initiative aims to strengthen central bank reserves, reduce reliance on internationa...
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...
Giza Contracting increases capital to boost construction, real estate activities Giza General Contracting and Real Estate Investment Company has decided... Businessmen Team 23 Dec 2025 The company’s issued and paid-up capital is set to rise from EGP 288.54 million to EGP 432.81 milli...
SCA, Anchorage to build $6bn petrochemical plant in Ain Sokhna The Suez Canal Authority (SCA) and Anchorage Investments have signed... Businessmen Team 21 Dec 2025 The project will be located on SCA-owned land in Ain Sokhna, northwest of the Gulf of Suez. The fir...
Sisi directs boosting foreign currency reserves to support growth President Abdel Fattah El-Sisi met with Prime Minister Dr. Moustafa... Businessmen Team 21 Dec 2025 The meeting focused on sustaining the downward trend in inflation following a decline in November 2...
El-Khatib urges stronger Africa trade links at Lynx Forum Minister of Investment and Foreign Trade, Engineer Hassan El-Khatib, highlighted... Businessmen Team 17 Dec 2025 The event, titled "From Policy to Practice: Deepening Trade Integration between Egypt and Africa,"...
Awad: Egypt seeks private investment to boost eco-tourism in nature reserves Local Development Minister Dr. Manal Awad, acting as Environment Minister,... Businessmen Team 17 Dec 2025 Awad emphasized that sustainable investment in protected areas is a pillar of Egypt’s current econo...
Supply Ministry: Cooking oil fully available in Egyptian markets The Ministry of Supply and Internal Trade confirmed that all... Businessmen Team 14 Dec 2025 The Ministry said that reports of a shortage of cooking oil in the markets are inaccurate. The Mini...
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...
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 hosts D-8 Trade Ministers Council, targets $500B intra-group trade Engineer Hassan El Khatib, Minister of Investment and Foreign Trade,... Businessmen Team 02 Dec 2025 Minister El Khatib expressed pride in hosting the session, affirming that the meeting reflected the...
