Arab Finance: The Egyptian Exchange (EGX) saw a varied performance at Thursday’s close. Market capitalization concluded the session at EGP 2.281 trillion. Today’s trading saw 1.096 million shares ...
Arab Finance: Egypt's unemployment rate saw a modest increase in the third quarter (Q3) of this year, rising to 6.7% from 6.5% in Q2, Asharq Business reported, citing data from CAPMAS. The slight ...
Arab Finance: The General Authority for Investment and Free Zones (GAFI) has launched six new free zones to attract foreign investments, a move aligned with Egypt’s strategic efforts to boost economic ...
Arab Finance: Egyptian Transport and Commercial Services Company (EGYtrans) posted a 423.54% year-on-year (YoY) increase in consolidated net profits after tax and non-controlling interest for the ...
Arab Finance: Prime Minister Mostafa Madbouly witnessed the signing of two memoranda of understanding (MoU) for the production of 5,200 megawatts of electricity from renewable sources, including 3,100 ...
Arab Finance: The Capgemini Research Institute has published the World Cloud Report for Financial Services 2025, highlighting a major difference in how traditional banks and new-age fintech firms ...
Arab Finance: The Facility Investing for Employment (IFE) has signed two grant agreements with Al Rofayda Hospital for Women and Children and Luna for Perfumes and Cosmetics to support economic ...
Arab Finance: The Egyptian Exchange’s (EGX) indices have closed Wednesday’s trading session in the red territory, with the market capitalization at EGP 2.271 trillion. Today’s trading saw 1.330 ...
Arab Finance: Egypt’s trade deficit climbed by 21.3% year on year (YoY) in August, reaching $4.88 billion, versus $4.03 billion, data from the Central Agency for Public Mobilization and Statistics ...
Arab Finance: Instagram by Meta has launched a world-first digital experience, using augmented reality (AR) to revive Egypt’s ancient history, as per an emailed press release. In partnership with the ...
Arab Finance: B Investments Holding (BINV) reported a 216.33% year-on-year (YoY) leap in consolidated profit attributable to the parent company during the first nine months of 2024, according to the ...
Arab Finance: The Tenth of Ramadan for Pharmaceuticals Industries and Diagnostic Reagents (Rameda) posted a 22.17% year-on-year (YoY) increase in consolidated profits attributable to the parent ...