Business Today

The sectors that contributed most to Egypt’s GDP during FY 2021/2022, around 60% of total GDP, were the refining industry, trade agriculture...

Other investments were directed to water and sanitation projects, which will receive 35.1% of total public investments at EGP 103.4 billion,...

The TSFE plays a vital role as Egypt's investment arm, said Prime Minister Mostafa Madbouly while following up on the implementation of TSFE...

The announcement was made during the first meeting between the CBE head and leaders of banks across the Egyptian market, which included curr...

The ClimaTech Run 2022 aims to attract and motivate technology startups working in the field of combating climate change, and is within the...

The CBE added that remittances increased by 3% in the final quarter of the fiscal year (April-June 2022) to record $8.3 billion Business Tod...

In late July, the IMF called on Egypt to be more “decisive” on fiscal and structural reforms to “boost the economy’s competitiveness, improv...

News circulated around local and regional media outlets on Sunday that the PIF was looking to acquire a stake in the two companies, as well...

For Arab countries as a whole, the fund revealed it expects a 5.4% growth in its financial expansion in 2022, pointing towards of high oil c...

Additionally, the agency is working on boosting the speed of responsiveness of the systems and requests for real-time verification of e-sign...

In a data set released today, the statistics agency revealed that trade between the two countries steadily rose by 1.4% to around $1.2 billi...

In a data set released today, the statistics agency revealed that trade between the two countries steadily rose by 1.4% to around $1.2 billi...

The tender is within the trade ministry’s plan to launch 17 new industrial complexes in 15 governorates at a total investment of EGP 10 bill...

The meeting was led by acting CBE Governor Hassan Abdallah, who was appointed merely hours before the session after previous governor Tarek...

Export value was up by 18.3% in May, recording $4.01 billion compared to May 2021’s $3.39 billion Business Today : المصدر Trade Deficit fal...

The ministry is targeting increasing export rates and expanding markets to which Egypt exports to in order to meet the state’s goal of uppin...

In a shareholder meeting during a general assembly yesterday, a majority of shareholders vetoed SODIC’s request to begin due diligence Busin...

Just a few hours ago, the presidency announced that Amer has resigned from his position as CBE governor and has been appointed by the presid...

Fitch’s recent report maintained its prediction for Egypt’s inflation at 13.2% for 2022, with a 0.1% rise in its expectations for EGP’s trad...

The digital retail operating system aims to offers merchants the full spectrum of services to ensure efficiency and transparency Business T...

Egypt’s foreign currency gap saw a significant contraction to record $400 million in July 2022 from February’s $3.9 billion, revealed First...

Round one winners are eligible for consideration in round two, which includes regional and global winners as well as global sub category win...

Since the start of the Russian/Ukraine conflict, Egypt has had to deal with a foreign currency shortage due to accelerating global commodity...

According to FEC, the number of Egyptian companies and factories exporting during H1 2022 within the sector is around 1,678, including 302 c...

The funding round was led by Saudi Arabia headquartered Merak Capital with participation from 500 Global and MSAS Business Today : المصدر E...