Arab Finance: Egypt has signed an agreement to manage and operate the historic Continental Hotel in downtown Cairo under the global Indian brand TAJ Hotels, the Egyptian cabinet stated on December ...
Arab Finance: The European Bank for Reconstruction and Development (EBRD) is extending a $20 million financing package to ALEXBANK, part of the Intesa Sanpaolo Group within its International Banks ...
Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi held an extended meeting with the heads and representatives of several international oil companies operating in Egypt to discuss ...
Arab Finance: Remittances from Egyptians working abroad recorded a sharp increase during the first 10 months of 2025, rising 42.8% year on year (YoY) to about $33.9 billion, according to a statement ...
Arab Finance: Egyptian exports grow during the first 11 months of 2025 by 18% to approximately $44.392 billion, from about $37.544 billion during the same period in 2024, as per a statement by the ...
Arab Finance: As Egypt’s entrepreneurship landscape continues to mature amid economic challenges and ongoing structural reforms, startups remain a key driver of innovation, job creation, and digital ...
Arab Finance: The board of Industrial and Engineering Enterprises Company (IEEC) approved acquiring Enterprise Sigma Technology’s shares for an amount of EGP 300 million, according to a bourse ...
Arab Finance: Tamweely Microfinance has completed the second issuance of its large-scale securitization program, with a total value of EGP 1.155 billion, as part of a broader EGP 5 billion program, as ...
Arab Finance: Egypt and Canada have signed three new development projects worth approximately EGP 552 million to empower women and girls and enhance food security, according to a statement issued by ...
Arab Finance: Edita Food Industries said it expects generating total sales of about EGP 20.5 billion in 2025, supported by the company’s operational performance and its multi-year growth strategy, as ...
Arab Finance: The total financing provided by entities regulated by the Financial Regulatory Authority (FRA) amounted to EGP 954.2 billion in the first nine months of 2025, according to a statement.
Arab Finance: The USD traded at EGP 47.53 for purchasing and EGP 47.63 for selling at Banque Misr and the National Bank of Egypt (NBE) on Thursday. Meanwhile, the exchange rate between the USD and EGP ...