Finance Minister signals economic growth as new budget unveiled Finance Minister Ahmed Kouchouk announced that the government will continue... Businessmen Team 10 Jan 2026 Speaking at a panel discussion at the Bibliotheca Alexandrina, Kouchouk revealed that tax revenues...
Omar Hisham Talaat: Golf drives tourism, real estate growth Omar Hisham Talaat, President of the Egyptian Golf Federation (EGF),... Businessmen Team 08 Jan 2026 Speaking at a press conference at Madinaty Golf Club, Omar Hisham Talaat stated that the 13. golf to...
Abu Qir Fertilizers targets EGP 8.8B profit in 2026 Abu Qir Fertilizers and Chemical Industries approves 2026 budget. Businessmen Team 31 Dec 2025 The company said in a statement that it aims to achieve a pre-tax net profit of EGP 8.83 billion in...
MIC net profit falls 5% in nine months The consolidated financial statements of Mohandes Insurance Company (MIC) for... Businessmen Team 31 Dec 2025 The company said in a statement that it recorded a net profit of EGP 335.87 million for the period,...
Orascom to establish wholly-owned subsidiary company in China Orascom Investment Holding has decided to establish a wholly-owned subsidiary... Businessmen Team 31 Dec 2025 The company said in a disclosure that Marwan Mohamed, Executive Board Member, Wael Adel, Chief Fina...
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...
Egypt, IMF agree on combined 5th & 6th reviews International Monetary Fund (IMF) staff and Egyptian authorities have reached... Businessmen Team 23 Dec 2025 IMF mission chief Ivanna Vladkova Hollar stated Tuesday that Egypt’s stabilization efforts are yiel...
Moody’s: Positive developments in Egypt’s economy, led by exchange rate flexibility Moody’s, the credit rating agency, has highlighted positive developments in... Businessmen Team 22 Dec 2025 Moody’s, as reported by the Cabinet Media Center on Monday, noted that key developments include a s...
El-Samadouni: Suez Canal revenues rose to $1.97 billion in October Dr. Amr El-Samadouni, Secretary General of the International Transport and... Businessmen Team 15 Dec 2025 El-Samadouni explained that the canal’s revenues recorded a partial recovery from July to early Dec...
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...
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...
Egypt e-Finance model becomes global export, Minister reveals Minister of Finance, Ahmed Kouchouk, celebrated the 20th anniversary of... Businessmen Team 02 Dec 2025 "I am very proud of e-Finance’s important experience, and thank all the dream makers," the Minister...
