Arab Finance: The Egyptian Exchange’s (EGX) indices witnessed a positive performance on Sunday, with market capitalization standing at EGP 2.251 trillion. The Sharia-compliant index, EGX33 Shariah ...

Arab Finance: Faisal Islamic Bank of Egypt’s (FAIT) standalone net profits after tax interest climbed 189.37% year on year (YoY) in 2024 to EGP 11.739 billion, compared to EGP 4.056 billion, the bank ...

Arab Finance: Egypt and a consortium of French TotalEnergies and Italy’s Eni will sign a key agreement in February, Associated Press (AP) cited officials. The joint deal aims to transport natural gas ...

Arab Finance: Ora Developers Egypt has launched The Emerald Collection, a new phase in the luxurious Zed East project in East Cairo, as per an emailed press release to Arab Finance on January 26th.

Arab Finance: Prime Minister Mostafa Madbouly has declared a decision to form six specialized advisory committees to enhance communication channels between the government and the private sector, ...

Arab Finance: Telecom Egypt has announced the activation of a Mediterranean subsea link on the 2Africa cable system in collaboration with Cisco, as per a press release. The link connects Port Said, ...

Arab Finance: The Egyptian Exchange (EGX) ended Thursday’s trading session higher, with the market capitalization standing at EGP 2.196 trillion. EGX’s turnover hit EGP 3.690 billion through the ...

The Ministry of Communication and Information Technology (MCIT) has recently introduced Wi-Fi calling in the Egyptian market. This service was launched following an agreement between the National ...

Arab Finance: Prime Minister Mostafa Madbouly said Egypt has maintained its position for the seventh year in a row as the largest country of operations for the European Bank for Reconstruction and ...

Arab Finance: Egypt needs around $20 billion annually to secure petroleum products, President Abdel Fattah El-Sisi highlighted on the sidelines of the celebration marking the 73rd anniversary of ...

Fitch Ratings projects Egypt’s external financing needs for FY 2022/23 to hit $19B Updated 1/19/2023 8:48:00 AM ...

Arab Finance: SIDEUP, an e-commerce logistics services platform, has announced its entry into the Omani market, marking a significant step in its Middle East expansion strategy, as per a press release ...