Business Today

The CBE governor also noted that it is in line with the central bank’s own efforts to enhance the accessibility to financing opportunities f...

Upon their establishment, all sectors involved in foreign trade and the export domain will be incorporated as affiliated bodies under the Mi...

The current merger reflects the government's ongoing efforts to streamline its bureaucracy and achieve its economic development goals. Bus...

The new cabinet reshuffle includes the re-introducing of the Ministry of Investment, the merger of the Ministry of Industry, Trade and Trans...

Kamel El Wazir will appoint as Deputy Prime Minister and Minister of Industry and Transport, sources added. Business Today : المصدر Egypt...

This reflects a growing stability in the automotive market, following April’s surge of 35.1% MoM to record 5.7k vehicles sold compared to Ma...

The first project is being implemented by the alliance is the establishment of the first lighting factory in Egypt for this alliance. Bus...

This project came within the framework of Egypt’s plan to develop the North coast to double the number of tourists, Madbouly added. Busine...

The company, expected to be completed within the year, will start with a capital of $663 million, according to a Sidpec disclosure on the EG...

The European Union provided this fund to Egypt as part of a financing package worth €7.4 billion. Business Today : المصدر EU guarantees w...

Egypt’s surplus was driven by the CBE’s NFAs which surged to a surplus of $9.7 billion in May, up from a deficit of $763 million just a mont...

The project agreement with the Egyptian Electricity Transmission Company extends 25 years, with a total investment cost of SR 611 million....

GAFI CEO Hossam Heiba noted that the first half of FY2023/24 saw $6 billion in FDI, with the Ras El-Hekma deal expected to further contribut...

In his keynote address, Madbouly reiterated Egypt's commitment to economic reform and its profound belief in strengthening ties with the Eur...

The project is financed by the EIB with €135m, along with a €30m grant from the European Union managed by the EIB. Additional funding comes...

The agreements, between the Sovereign Fund of Egypt (TSFE) and European developers, aim to bolster Egypt's renewable energy infrastructure,...

Madbouly emphasized Egypt's commitment to economic reform and its impact on fostering a conducive investment climate, citing achievements su...

In his opening remarks, Madbouly underscored Egypt's resilience in the face of international tensions and regional crises Business Today : ا...

Egypt and EU leaders sign a landmark €7 billion agreement to produce green hydrogen and ammonia. Business Today : المصدر Egypt Secures €7 B...

The agreements were signed by Rania Al-Mashat, Minister of International Cooperation, and Olivér Várhelyi, European Commissioner for Neighbo...

She noted Egypt's large market size as a catalyst for investment, pointing out its demographic advantage with 70% of the population under 40...

Von der Leyen added during her speech at the two-day conference that Egypt and Europe are closer than ever before and are beneficial to both...

Sisi added that relations between Egypt and the European Union are witnessing positive developments in various fields of cooperation. Busin...

Von der Leyen added during her speech at the two-day conference that Egypt and Europe are closer than ever before and are beneficial to both...

On her part, EU’s President Ursula von der Leyen wrote on X that it is good to be in Cairo for the EU-Egypt Investment Conference with Presi...