Business Today

Remittances saw a more than twofold increase compared to their pre-reform levels following the measures implemented on March 6, 2024. In Feb...

Foreign currency reserves dipped slightly from $36.9 billion in June to $36.3 billion last month Business Today : المصدر Net international...

The source explained that the volume of investments in the two projects may reach $2.5 billion due to the technology used in them. Busines...

The newly introduced platform aims to facilitate real-time monitoring and in-depth analysis of various credit products, including valuable d...

The government has collected up to $3.1 billion from previous government offerings, following a successful $2.5 billion divestment of govern...

The debt service bill is still high due to high inflation and interest rates, and Egypt aims to reduce it to 35% of total expenses in the me...

In May alone, Egypt’s imports of cars amounted to about $208.3 million, while they were about $ 180.9 million in the same month in 2023, an...

The GOLDEN HUB project boasts an exceptional location in the South Academy area, one of the most upscale neighborhoods in the Fifth Settleme...

He added that more than 2351 companies benefited from the initiative with a total support of EGP 54.15 billion. Business Today : المصدر 2...

Concurrently, the company is actively engaged in refurbishing essential assets such as production lines and upgrading the necessary compres...

El-Sherbiny underscored the government's commitment to supporting Egyptians abroad through various housing projects and initiatives to promo...

Following this, the European Union contributed $701 million, making up 22% of the total exports and experiencing a remarkable growth rate of...

This initiative aims to introduce additional wells into the production framework within the coming months, as per the source. Business To...

“Although the pace of decline accelerated slightly from June, it was the second-weakest in nearly three years,” the report explained Busines...

Egypt to raise price of subsidized bread wheat by 20% Business Today : المصدر Egypt to raise price of subsidized bread wheat by 20%

In July, the CBE announced that Egypt’s Net foreign reserves hit an all-time high of $46.38 billion in June 2024, an increase of $13.26 bill...

Exports in May increased by 0.4%, to reach $3.81 billion compared to $3.79 billion in the same period of the previous year. Business Today...

The Egyptian government is set to invest over 10 billion Egyptian pounds in a new atmospheric distillation project at the Assiut Refinery, l...

The source added that the Egyptian General Petroleum Corporation (EGPC), responsible for managing the tender, negotiated at favorable prices...

During the meeting, Madbouly pointed out that the Egyptian government succeeded in solving 70% of the problems of Saudi investors. Busines...

Egyptians don’t seem pleased with their current employers, with only 29% of local respondents reporting feeling that they feel “very loyal”...

On Thursday, Rania Al Mashat, Egypt's Minister of Planning, Economic Development, and International Cooperation, met with Khalid A. Al-Falih...

The Minister highlighted the ongoing efforts to encourage investment in the fields of petroleum, gas, and petrochemicals to maximize the uti...

The new prices are part of the government’s plan to reduce subsidies across several sectors to improve public spending. The NTA previously u...

This project also will help to secure the needs of projects whose implementation is being studied within the national plan for the petrochem...