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...
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...
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...
PM reviews strategic petroleum reserves, foreign partner payments Prime Minister Dr. Moustafa Madbouly held a meeting today to... Businessmen Team 30 Nov 2025 Cabinet Spokesman Counselor Mohamed El‑Homsani stated that the meeting emphasized the government’s...
Foreign reserves hit record $50.1 bln Egypt's international reserves have surged to a record-breaking $50.1 billion,... Businessmen Team 09 Nov 2025 The center attributed the milestone to continuous economic reforms and rising investor confidence i...
Bapetco unveils new gas discovery in Western Desert The Ministry of Petroleum and Mineral Resources announced on Saturday... Businessmen Team 08 Nov 2025 The ministry stated that the newly discovered well has been added to the production schedule, produ...
PM, CBE Governor follow up on economic coordination, foreign reserves Prime Minister Dr. Moustafa Madbouly met this evening at the... Businessmen Team 21 Oct 2025 Cabinet Spokesman Counselor Mohamed El-Homsani said the meeting reviewed coordination efforts betwe...
