Business Today

Egypt’s foreign reserves are composed of a diversified basket of major international currencies, including the US dollar, euro, British poun...

The recognition highlights Kouchouk’s “visionary economic stewardship” and his role in implementing bold fiscal reforms that have driven fin...

The statement revealed that remittances soared by 82.7% year-on-year, reaching approximately $26.4 billion, compared to around $14.4 billion...

The increase is largely driven by notable surges in the prices of fresh food and daily essentials. Fruit prices saw a significant jump of 13...

The new program doubled the total budget to reach EGP 45 billion. Business Today : المصدر Egypt launches EGP45B new export subsidy program...

Negotiations are underway over structural reforms linked to the economic component of Egypt’s national program, supported by the EU's €4 bil...

Despite ongoing challenges, including global conflict, energy sector strains, and a decline in Suez Canal revenues, HBSC's Williams expresse...

Mahmoud Esmat, Minister of Electricity and Renewable Energy, conducted an inspection visit to the factories of Arabell Solutions and Framato...

The seasonally adjusted S&P Global Egypt Purchasing Managers’ Index (PMI) climbed to 49.5 in May from 48.5 in April. Business Today : المصد...

“Saudi companies are seeking detailed information on specific projects, and we are currently working to identify suitable land for allocatio...

Similarly, Islamic financing reached EGP 886 billion, making up 6% of total loans issued nationwide. This reflects a year-on-year increase o...

The report also highlighted a significant reduction in the country’s trade deficit, which dropped to $2.50 billion in March 2025 from $4.09...

This has significantly enhanced technical and production capacities, enabling the country to achieve 91% self-sufficiency in medicine. Busin...

Islamic Economy Summit opens in Istanbul with calls for a values-based global model and stronger Muslim world partnerships. Business Today :...

On-schedule construction progress reflects the company’s commitment to timely delivery and premium-quality standards Business Today : المصدر...

The agreement was signed between the New Urban Communities Authority (NUCA) and an Egyptian-Chinese consortium through Horizon for Managemen...

The leasing contracts recorded a total of EGP 1 billion. Business Today : المصدر Egypt’s FRA reports EGP 283.6 B in non-banking financial a...

The Council noted that total sector exports from January to April 2025 amounted to $1.028 billion, reflecting a 22% increase compared to the...

The announcement came through a press release issued by the Ministerial Group for Entrepreneurship, which confirmed that the Egyptian startu...

Egypt ramps up oil production & energy investment with new incentives and deep sector reforms, says Minister Badawi. Business Today : المصدر...

Egypt accelerates customs reforms to lower costs, speed up clearance, and attract investment, says Finance Minister Kouchouk. Business Today...

This increase is expected to play a key role in replacing approximately $3 billion worth of annual pharmaceutical imports with locally produ...

According to a report by the Engineering Export Council of Egypt, exports in April alone reached $474 million, up from $457 million in April...

Despite the slight downward revision, the projected 4.7% expansion marks a notable improvement from the 3.9% growth BMI expects for the curr...

Of these, 69 wells were evaluated, resulting in 40 discoveries, with total reserves estimated at 42 million barrels of oil and condensates,...