Business Today

Egypt raised its estimate of the price of a barrel of oil in the current fiscal year budget by about 6.25% to $85, according to the semi-ann...

The SCA head highlighted the impact of Red Sea tensions on the maritime transport market, trade movement, and global supply chains Business...

Announced by the previous petroleum minister Tarek El Molla last year, the digital platform would be the first of its kind in the industry a...

The approved projects include the addition of a 500-megawatt solar power capacity upon completion of the ongoing Abydos Solar Energy project...

These measures aim to achieve the set targets of increasing the private sector's contribution to Egypt’s total investments by 65% within thr...

The IMF also emphasized the need for emerging markets, like Egypt, to manage risks associated with currency and capital flow volatility Busi...

CAPMAS noted an increase in certain commodities, primarily petroleum products by 16.3%, ready-made clothing by 31.4%, pasta and food prepara...

These 2 shipments are expected to arrive within the next 10 days. Business Today : المصدر Egypt to receive 2 LNG shipments within 10 days...

The introduction of 5G services aligns with Egypt's Vision 2030 objectives aimed at positioning Egypt as a regional ICT leader Business Toda...

The partnership consists of two land plots with a total of 491 feddans, divided into a first plot with an area of 245.1 feddans and a second...

The source added that the first installment of $1.2 billion will be paid next October. Business Today : المصدر Egypt pays arrears to fore...

Annual headline inflation declined to 27.1% in June from 27.4% in May, the CBE explained, with core CPI registering 221.08 last month compar...

Unlike traditional SIM cards that require physical swapping when changing networks or traveling abroad, eSIMs allow users to switch between...

The value of trade exchange between Egypt and Serbia increased to reach $120.4 million in 2023, compared to $104.7 million in 2022, an incre...

Madbouly has assigned the ministerial group the task of closely monitoring recently approved industrial projects. This entails overseeing th...

Ahmed El-Sayed, Chairman of Golden View, explained that the new project is a commercial, administrative, and medical mall spanning 10,000 sq...

Additionally, the source added that the first operation phase will start in July 2025, for $1.8 billion. Business Today : المصدر Egypt &...

Badawi also emphasized that these efforts are pivotal to Egypt's sustainable development strategy, reflecting a proactive stance on climate...

The group shall convene on a weekly basis or whenever necessary, and it may invite experts to attend its meetings. Business Today : المصدر...

The factory is located on a total area of 200,000 square meters in two phases, with 100,000 square meters per phase, and provides about 1,50...

The UNCTAD’s report also pointed to new deals to produce green hydrogen in Egypt worth $4 billion. Business Today : المصدر FDI in Egypt rea...

Afreximbank has granted around $12.8 billion to Egyptian banks and companies in the past 3 years with $9.5 billion injected into local banks...

Abd El Hakim added that the targeted new financing with Egyptian banks during will be divided into $305 million to finance small and medium...

During the meeting, minister Esmat reviewed the actual situation within each company, including the total available electricity, sales and c...

The MoU entails a mutual commitment between the two parties to focus on expanding climate practices and sustainable financing in Egypt's non...