Business Today

Clearing the backlog will lead to a gradual decline in prices, explained cabinet spokesperson Nader Saad Business Today : المصدر Egypt’s I...

The PM directed the formation of a joint committee to develop a vision and plan to facilitate procedures and the exit of containers at the p...

The two agreements/investments are a step towards institutionalizing the healthcare sector, explained Hala El-Said Business Today : المصدر...

The new hotel company, announced in early 2022, is expected to merge seven or eight state-owned hotels into a single entity ahead of a listi...

For 2023, ECMI head George revealed that the council is aiming to boost exports by no less than 30% Business Today : المصدر Medical and pha...

Egypt and the ITFC signed a similar agreement last year, with the former having directed around $1.5 billion - $800 million for petroleum an...

The meeting also examined future project opportunities to collaborate on in several sectors such as sustainable green industries Business To...

Annually, exports of fertilizers jumped by 42% in 2022 to hit $3.38 billion Business Today : المصدر Egypt’s exports of chemicals and fertil...

The implementation of the document also aims at achieving financial savings that enable support for the general budget, the PM pointed out B...

EECE head El-Sayyad emphasized that the EECE is also seeking to expand to new export markets, particularly in Africa Business Today : المصدر...

With this, Egypt has cleared around $13.3 billion worth of commodities since December Business Today : المصدر Egypt releases $4.8B of goods...

"We have great demand from different investors, high net worth individuals, [and] sovereign funds," El-Said added, referring to interest in...

With yesterday’s announcement, the Ruble now exchanges against a total number of 43 currencies Business Today : المصدر Russia sets EGP agai...

The Egyptian pounds “may remain under pressure in 2023,” the agency added, pointing to Egypt’s import backlog Business Today : المصدر Egypt...

This is the highest recorded level since May, despite the payment of payments related to the country's external indebtedness, explained the...

Egyptian treasury bills saw a climb in sales as the recent devaluation of the Egyptian pound against the US dollar boosted investor appetite...

According to sources, the fund is preparing to sell stakes between 20 -30% to strategic investors Business Today : المصدر Sovereign fund re...

Exports fell by 9.4% annually in October to reach $3.77 billion, down from September 2022’s $4.11 billion and October 2021’s $4.16 billion B...

After a short uptick on Thursday, the EGP has stayed around the 29 mark (29.65 at 2:56 pm CT). The EGP has lost about 51% of its value since...

More than $40.7 million worth of corn, $28 million worth of soybean, and $56 million worth of pharmaceutical chemicals have been released ov...

“[T]he misconception about storytelling is that storytelling is the strategy… it is not a strategy; it is a vehicle to deliver the strategy,...

Egypt moved forward with the latest devaluation after receiving assurances from the International Monetary Fund, aiming for the pound to mat...

The package included five main pillars; a flexible exchange rate, for the state to scale back its hand in the economy, ending CBE-backed sub...

Held under the theme of "Go Borderless," the summit will explore borderless opportunities across 4 main tracks: Future Tech, Impact, Investm...

The government decree didn’t give further details on what projects might be affected Business Today : المصدر Egypt issues regulations to cu...