Arab Finance: The Egyptian Exchange (EGX) showed a negative performance on Monday, with market capitalization amounting to EGP 2.126 trillion. EGX’s turnover hit EGP 3.835 billion through the exchange ...
Arab Finance: Egypt is set to begin negotiations with the European Union (EU) next April to obtain funding worth up to €4 billion, Rania Al-Mashat, Minister of Planning, Economic Development, and ...
Arab Finance: Elsewedy Industrial Development, a subsidiary of Elsewedy Electric, has signed an agreement with Kingdom Holdings Limited, a Chinese textile company, to establish a private free zone in ...
Arab Finance: The Saudi Egyptian Industrial Investment Co. (SEII) is planning to inject $30 million in new investments into Egypt during 2025, Ahmed Ata, the company's managing director, told Asharq ...
Arab Finance: Orascom Financial Holding Company’s board has approved the sale of its majority stake in Klivrr Electronic Development and Electronic Payments for EGP 657.711 million, as per a ...
Arab Finance: Prime Minister Mostafa Madbouly has reviewed the unified subsidy card system aimed at supporting the objectives of financial inclusion, according to a Cabinet statement. The electronic ...
Arab Finance: A consortium of Engineering for the Petroleum and Process Industries (ENPPI) and Petrojet has been awarded a $1.24 billion project from ADNOC Gas, according to a press release. This is ...
Arab Finance: Egypt Healthcare Authority (EHA) announced a strategic cooperation with Yodawy to enhance healthcare services in Egypt, according to an official statement. The partnership aims to offer ...
Arab Finance: The French energy utility Engie and its partners are looking to build a 1-gigawatt (GW) wind project in Egypt, Managing Director Renewables MENA Francois-Xavier Boul told Bloomberg. Boul ...
Arab Finance: The Egyptian Exchange (EGX) closed Sunday’s trading session in the red zone, with market capitalization hitting EGP 2.166 trillion. The turnover stood at EGP 2.912 billion as 814.993 ...
Arab Finance: Egypt's wheat imports jumped to their highest level in 10 years in 2024, reaching 14.2 million tons, compared to 10.8 million tons in 2023, according to an official document obtained by ...
Arab Finance: CIRA Education has launched CIRA Care in Egypt, the Middle East’s first initiative focused on the care economy, under the patronage of Deputy Prime Minister for Human Development and ...