Business Today

BMI Research revised its growth expectations for Egypt to 3.2% for the current fiscal year FY2023/2024 and 4.2% in 2024/2025 Business Today...

Additionally, the importance of pumping new investments into several sectors was emphasized. Business Today : المصدر PM explores ways of...

According to the sources, the Ministry of Transport has begun discussions with a “major investment company” through its Arab Union Super Jet...

The draft law includes several important elements that seek to implement the objectives outlined in the state ownership policy document....

The downward revision was attributed to high interest rates, “persistently high inflation,” and escalating “tensions in the Middle East enda...

This project is a collaboration between an alliance that includes Abu Dhabi Future Energy Company - Masdar, Hassan Allam Utilities Company,...

The urban labor force reached 13,758 million individuals, while it reached 17,639 million individuals in the countryside. Business Today...

Prime Minister Mostafa Madbouly revealed that the UAE transferred $14 billion as part of the agreement. Business Today : المصدر Egypt recei...

Egypt’s net foreign assets (NFAs) deficit continues to decline as the country’s reforms take effect Business Today : المصدر Net Foreign Ass...

NBE account holders have the ability to utilize up to EGP 60,000 worth of foreign currency equivalents, whether they are traveling abroad or...

The tranche, reportedly transferred on Sunday, consists of $14 billion and $6 billion currently held from a previous deposit by the UAE at t...

El-Said highlighted the significance of the Sovereign Fund of Egypt, which serves as the investments of the state. Business Today : المصدر...

The revised forecast, up from its previous projection of 20%, was attributed to an unexpected rise in inflation in February. Business Today...

Egypt is exploring the creation of a new entity to take ownership of the country's state-owned companies, according to Minister of Planning...

During the tour, there will be scheduled meeting with the sovereign funds of Gulf states, financial institutions, and investors. Business...

This is in light of Egypt’s keenness to support efforts of various Arab financial institutions and bodies to achieve their development missi...

This IFC’s contribution will include financial facilities for banks and financial firms, along with health, education, and manufacturing pro...

The IFC has invested $900 million in Egypt during the period from July 2023 to May 2024, according to MOIC data Business Today : المصدر Her...

Moreover, the IFC provided Egypt with advisory services worth $34 million, making Egypt one of the top countries where the IFC operates. B...

The signing ceremony was in the presence of Egypt's Prime Minister, Mostafa Madbouly, and Jordan's Prime Minister, Bisher Khasawneh at the c...

This came in line with GAFI's achievement in attracting investments throughout 2023 within the Middle East and North Africa. The award was p...

This Meeting came during the 32nd session of the Egyptian-Jordanian Joint Higher Committee’s ministerial meeting. Business Today : المصدر...

This surplus was then utilized to cover a portion of the interest payments on the public debt. As a result, the overall deficit of the count...

Although no major hotels were added at the beginning of the year, maintaining the current hotel stock at around 26,700 rooms, the remainder...

Last week, Fitch Ratings expected Egypt’s foreign currency reserves to reach $49.7 billion in the current fiscal year and $53.3 billion in t...