Business Today

With this initiative, 50% of the outstanding dues to exporters will be paid in cash over four consecutive fiscal years, starting this year,...

Gas production from the two new wells is expected to start in February 2025. Business Today : المصدر BP completes drilling 2 gas production...

According to Magnitt's FY 2024 venture investment summary report, Egyptian startups raised a total of $329 million across 78 funding rounds/...

The meeting covered areas of collaboration with AMEA Power, including updates on the addition of 300 MWh of battery storage to the Abydos 1...

The monthly core inflation rate recorded 0.9% in December 2024, compared to 1.3% in December 2023 and 0.4% in November 2024, according to da...

The Prime Minister emphasized the importance of regularly monitoring updates on customs clearance for goods at ports and entry points across...

Under the agreement, the new headquarters will serve as a regional hub for Konecta’s global services, covering markets in the Middle East, A...

Egyptian exports to Greece reached $1 billion, down slightly from $1.3 billion in 2023. Business Today : المصدر Trade volume bet. Egypt &...

CEO of the General Authority for Investment and Free Zones, Hossam Heiba, met with Zheng Yue, Vice President of Asia-Potash, to discuss the...

The joint business council aims to strengthen trilateral cooperation and increase the volume of trade exchange and joint investments. Busine...

The minister stated that the meeting reviewed progress on the company’s project to produce stoves in 10th of Ramadan City under the Golden L...

Egypt’s exports to Cyprus saw a remarkable increase, totaling $181 million in the first 11 months of 2024, up from $96 million in the corres...

This decline follows an upward trend earlier in 2024, with NFAs turning positive in May for the first time since January 2022. At its peak i...

According to the Presidential Spokesperson, Mohamed El-Shinawy, the meeting reaffirmed the deep and historic ties between Egypt and Greece,...

The value of exports saw a significant increase of 21.3%, rising to $4.07 billion in October 2024 from $3.35 billion in October 2023. Busine...

Companies attributed the drop to weak client demand caused by challenging economic conditions and rising price pressures. Business Today : ا...

He announced that the government aims to reduce external debt by approximately $2 billion annually. Business Today : المصدر Egypt expects t...

The minister stated that the new program aims to support national industries and boost Egyptian exports to global markets, emphasizing the i...

Additionally, he revealed plans to launch the Mineral Resources Digital Portal and offer new mining areas for investment in 2025. These init...

During the first quarter of FY2024/2025, private sector investments reached LE 133.1 billion, accounting for 63.5% of total investments—a re...

Additionally, financial leasing contracts amounted to EGP 88.4 billion, while EGP 76.7 billion was allocated to micro, small, and medium ent...

This directive was issued during a meeting with Prime Minister, Mostafa Madbouly, Central Bank of Egypt (CBE), Hassan Abdullah, Minister of...

The €1 billion tranche was deposited into the Central Bank of Egypt last Friday as part of the financial assistance aimed at supporting the...

The report highlights the IMF’s forecast of 4% growth for Egypt in 2025, up from 2.7% in 2024, driven by ongoing economic reforms and invest...

The company expects to receive purchase offers in the first months of 2025, with the anticipated value ranging between $200 million and $250...