Business Today

According to government figures, the disruption in maritime traffic has cost Egypt at least $7 billion in lost canal revenues so far in 2024...

The announcement was made during the Excellence Day celebration, where the Authority also launched new maritime services and signed several...

The initiative includes both direct financing—targeting sectors such as banking and strategic commodities—and indirect support for African p...

The announcement was made during her presentation of the sector’s development targets as part of discussions in the House of Representatives...

In an official statement released today, the Bank revealed that remittances in January alone soared by 83.2%, reaching around $2.9 billion,...

During her presentation to the House of Representatives, she added that projections for Q3 and Q4 are set at 4.1 % and 4.2 % respectively, b...

Presenting the financial statement before the House of Representatives, Kouchouk stated that the government aims to collect EGP 2.6 trillion...

Held over two days in Cairo, FATIF 2025 has brought together African policymakers, diplomats, and business leaders to explore joint investme...

Held on April 15–16, the forum continues with panel discussions and B2B sessions focused on key sectors such as manufacturing, infrastructur...

He noted that Egypt lost approximately EGP 110 billion in Suez Canal revenues and allocated an additional EGP 150 billion in support for the...

The visit highlights Egypt’s growing commitment to expanding its renewable energy infrastructure and transitioning to a more sustainable ene...

During the discussions, both leaders reaffirmed their commitment to strengthening bilateral cooperation and coordination across multiple sec...

This phase of the initiative focuses on supporting the purchase of machinery, equipment, and production lines through long-term financing at...

The agreements were signed on the sidelines of the Egypt-Saudi Investment Forum. Business Today : المصدر Egypt-Saudi Investment Forum sees...

Egypt's exports to Qatar totaled $93.4 million in 2024, a notable rise from $44.3 million in the previous year. The main exported products i...

Minister of Agriculture and Land Reclamation, Alaa Farouk, said that during his participation in the Egyptian-Saudi Business Council Forum a...

In its latest report, Fitch emphasized that Egypt’s relatively large economy and strong growth potential continue to be supported by solid p...

Both agencies kept Egypt’s credit rating firmly in junk territory, with S&P at B-/B and Fitch at B, highlighting concerns over Egypt’s high...

This increase will affect all types of fuel, including gasoline, diesel, industrial mazut, gas for brick kilns, and butane cylinders. Busine...

El-Khatib added that Egypt set a plan to achieve $145 billion in exports, and ensure that 65% of total investments come from the private sec...

The first is a $185 million deal to modernize 1,000 diesel-electric locomotives. Business Today : المصدر Egypt & US sign $235M railway dea...

The announcement comes against the backdrop of continued pressure on the Egyptian pound, which recently fell to a record low. Business Today...

CAPMAS attributed this inflation primarily to notable increases in the prices of food and beverage items, particularly fruits which jumped b...

Prime Minister, Mostafa Madbouly, said that during a press conference held today following the weekly Cabinet meeting. Business Today : ال...

The agreements pertain to the restructuring and offering of a group of companies affiliated with the Authority. Business Today : المصدر E...