Business Today

Two landmark agreements were signed to establish a new MG car manufacturing facility in Egypt with an investment of $135 million. Business T...

The initiative focuses on seven key industrial sectors: pharmaceuticals, food industries, engineering, chemicals, textiles and garments, min...

The initiative involves collaboration with the International Finance Corporation (IFC), a subsidiary of the World Bank, which has been contr...

Google's spokesperson clarified that Google Wallet is initially offering a passes-only experience, allowing users to conveniently store and...

Madbouly revealed that the project's total cost exceeds EGP 56 billion, with EGP 22 billion allocated for infrastructure and EGP 640 million...

Additionally, the credit and discount rate was held steady at 27.75%. Business Today : المصدر CBE’s Monetary Policy Committee keeps key i...

This translates to nearly $7 billion in lost revenue due to ongoing disruptions in the Red Sea and Bab el-Mandeb Business Today : المصدر Su...

Under this agreement, SCZone will grant Suez Steel a 30,000-square-meter concession area within Adabiya Port at an investment cost of $120 m...

In the first 10 months of this year, Egyptian food industry exports have recorded an 18% surge, reaching an all-time high of $5.1 billion co...

The program will include an estimation of the required budget allocation for the upcoming fiscal year, ensuring timely financial support for...

The meeting addressed the current state of waste-to-energy projects and opportunities in integrated waste management, including municipal, a...

The proposed mechanism aims to address the remaining arrears of approximately EGP 60 billion owed to exporters. Business Today : المصدر Eg...

He acknowledged the significant challenge this posed for the state but reaffirmed Egypt's unwavering commitment to honoring its financial ob...

Rahmy highlighted that the partnership between MSMEDA and Foundation Ventures aims to provide much-needed financing for promising Egyptian s...

The ministers also signed the protocol for the committee session, outlining cooperation across 14 developmental sectors, including trade, pu...

The plant will be located in the Zafarana region in eastern Egypt, according to two individuals familiar with the matter who spoke to Asharq...

The International Monetary Fund (IMF) and Egyptian authorities have reached a staff-level agreement on the fourth review under the Extended...

In October 2024 alone, remittances witnessed a staggering 68.4% rise, amounting to approximately $2.9 billion, compared to $1.7 billion in O...

Egypt's exports to Nile Basin countries increased to $1.73 billion in 2023, compared to $1.70 billion in 2022, marking a growth of 2.1% Busi...

This historic merger, which also includes smaller automaker Mitsubishi Motors, aims to consolidate their operations under a joint holding co...

An additional framework agreement is underway, with a projected production capacity of 1.3 million tons per year and $7.5 billion in investm...

The project will involve the establishment of an automated solar panel production facility under the name Arab-Swedish Energy Factory (ASEF)...

The project, with a capacity of 1.1 GW, is part of the country’s commitment to expanding renewable energy and reducing carbon emissions unde...

According to Minister of Tourism and Antiquities Sherif Fathy, in 2023, the country's tourism sector experienced a 14% growth compared to pr...

The Prime Minister opened the session by emphasizing the state’s strategic efforts in Jarjoub, noting the establishment of a port and ongoin...