Business Today

The government remains committed to reducing its debt levels to around 88% of the GDP in the current fiscal year, and below 80% by FY2026/20...

Egypt’s external debt declined by 5% to $152.88 billion during Q4 of FY2023/2024, down from $160.60 billion in the previous quarter, accordi...

This announcement comes as part of the Egyptian government’s plan to offer stakes in more 32 state-owned companies Business Today : المصدر...

Prime Minister Mostafa Madbouly announced several significant developments during his recent statements, addressing key economic, healthcare...

This initiative aims to boost local market investments and ensure a balanced, competitive industry Business Today : المصدر Egyptian Cabinet...

The report also highlights a reduction in Egypt's total external debt, which declined by $7.7 billion during Q2 2024, settling at $152.9 bil...

Managing Director of Nissan Egypt, Mohamed Abdel Samad, stated that the new model will be manufactured with a local component ratio exceedin...

The share price was set at EGP 13.85 per share, raising a total of EGP 4.57 billion across two tranches. Business Today : المصدر United...

Minister of Electricity and Renewable Energy, Mahmoud Esmat, met with Peter Mollema, Ambassador of the Kingdom of the Netherlands in Cairo,...

According to the report, the deposit, initially due in April 2024, has been extended to April 2025. Business Today : المصدر Kuwait renews $...

This move follows a similar operation last week, where the central bank withdrew EGP 1.135 trillion. Business Today : المصدر Egypt’s cent...

The public offering represents 5% of the total shares up for sale, which accounts for 1.5% of the bank’s total equity. Business Today : الم...

This move follows a similar operation last week, where the central bank withdrew EGP 1.135 trillion. Business Today : المصدر Egypt’s cent...

Despite some positive developments in Egypt's foreign currency inflows, Fitch Solutions has pointed out ongoing challenges to the country's...

The PAPSS, developed by the African Export-Import Bank, facilitates cross-border payments and trade transactions, reducing both costs and pr...

In an interview on Tuesday, El-Naggar revealed that Egypt's non-oil exports grew by 12.2% by the end of October, expressing optimism about m...

The PAPSS, developed by the African Export-Import Bank, facilitates cross-border payments and trade transactions, reducing both costs and pr...

Minister of Investment and Foreign Trade noted that Egypt’s food industry exports reached $4.6 billion by the end of September 2024, marking...

The softening of declines in business activity and new orders marks the least pronounced downturn in three months. Business Today : المصدر...

Consumer financing refers to activities aimed at providing funds for purchasing goods and services for personal use, to be repaid over a min...

This was announced during Vice Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel El-Wazir’s visit to I...

The move aims to address key financial needs and stimulate growth in strategic industries, as outlined in a statement by the ministry. Bu...

The electricity minister further highlighted the importance of completing projects related to the joint Arab electricity grid to activate th...

Financial leasing accounted for EGP 82.3 billion, while financing for medium, small, and micro enterprises reached EGP 67.8 billion. Busine...

The agreement aims to address the urgent gas supply needs of Jordan, especially as the country continues to develop its LNG infrastructure,...