Kouchouk: Egypt aims to expand US investment Finance Minister Ahmed Kouchouk affirmed that the Egyptian economy is... Businessmen Team 18 Oct 2025 Kouchouk said during a meeting at the American Chamber of Commerce on the sidelines of the Internat...
Raya Holding denies decisions on acquisitions, foreign investments Raya Holding for Financial Investments denied making any decisions regarding... Businessmen Team 14 Oct 2025 In a statement responding to inquiries from the Egyptian Exchange on Tuesday, the company confirmed...
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's net reserves stand at $49.5 billion Net international reserves rose to a new record of $49.5... Businessmen Team 07 Oct 2025 Credit rating agency Fitch said in a September 2025 report that it expects the country's net intern...
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...
Living Yards Developments signs partnership with Lemon Spaces Living Yards Developments has signed a strategic partnership with Lemon... Businessmen Team 05 Oct 2025 In a statement, Living Yards said the partnership will strengthen its position as a leading real es...
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...
PM: Economic growth rate exceeds target Prime Minister Dr. Moustafa Madbouly confirmed on Thursday that Egypt... Businessmen Team 02 Oct 2025 At a press conference held this evening following the weekly Cabinet meeting in the New Administra...
MIC Net Profit Falls 18% in First Half of 2025 The independent financial statements of Mohandes Insurance Company (MIC) revealed... Businessmen Team 24 Sep 2025 In a statement, the company said it recorded a net profit of EGP 91.17 million from the beginning o...
KIMA profits drop to EGP 987 million in last fiscal year The financial indicators of the Egyptian Chemical Industries Company (KIMA)... Businessmen Team 22 Sep 2025 The company stated in a statement that it recorded a net profit of EGP 986.96 million during the pe...
Kouchouk announces new tax incentives amid stronger economy Private sector investments in Egypt have grown by more than... Businessmen Team 16 Sep 2025 Kouchouk stated that the Ministry of Finance views the government and the private sector as partner...
El Arabia for Land Reclamation profits surge 149% in past fiscal year The financial statements of El Arabia for Land Reclamation revealed... Businessmen Team 10 Sep 2025 In a statement to the Egyptian Exchange today, the company reported a net profit of EGP 5.1 million...
