Business Today
Business Today Egypt is the first and only Egyptian English business magazine, celebrating 20+ years of business insights, in-depth reports and community outreach
Telecom Egypt’s total revenue increases by 39% during 2024
14 hours ago · Telecom Egypt’s total revenue increases by 39% during 2024. Additionally, revenues from international call traffic and international capacity sales surged by 61% and 90%, respectively, compared to the same period last year.
Foreign direct investments in Egypt reached historic $46.1B in …
Oct 1, 2024 · FY2023/2024 recorded a staggering uptick in foreign direct investment (FDI), with Egypt achieving a historic net inflow of $46.1 billion during the fiscal year, compared to the previous FY’s $10 billion, according to the latest Balance of Payments (BoP) data released by the Central Bank of Egypt (CBE).
Egypt aims to increase industrial sector's contribution to economy …
11 hours ago · Prime Minister, Mostafa Madbouly, and Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, addressed Egypt’s current economic conditions and the government’s commitment to advancing industrial growth amidst global challenges.
57% of Egypt's concessional financing & development …
2 days ago · 57% of Egypt's concessional financing & development investments goes into private sector | Al Mashat. Key initiatives, such as the Green Sustainable Industry Program (GSI), in partnership with the European Investment Bank, have allocated €271 million towards sustainable industrial projects.
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Egypt’s ready-made garment exports raises by 18% to reach $2.043B. The United States led with $871 million, capturing 43% of total garment exports, followed by the European Union with $482 million, and Arab countries ranking third with a total of $367 million.
Economic developments in Egypt: A recap of this week's latest news
Feb 22, 2024 · Economic developments in Egypt: A recap of this week's latest news. From investment and funding news, and government initiatives to signing agreements, swipe to stay updated with the latest developments and highlights, these updates shed light on the country's economic growth and potential
Cabinet approves new draft laws to boost small businesses and …
Oct 31, 2024 · Cabinet approves new draft laws to boost small businesses and address tax disputes. The newly approved legislation specifically targets businesses with annual revenues not exceeding EGP 15 million, he said during the weekly PM news conference.
8 Indian companies plan $1B investment in Egypt by 2025
Oct 2, 2024 · Eight Indian companies are set to inject new investments worth around $1 billion in Egypt by 2025, targeting projects in the fields of new and renewable energy, green hydrogen, bus assembly, and various industries, according to a government …
Egyptian startup sector applauds new ministerial group for ...
3 days ago · Egyptian startup sector applauds new ministerial group for entrepreneurship. Startup representatives and investors praised the establishment of this dedicated body, seeing it as a crucial step toward improving coordination across …