Arab Finance: The International Monetary Fund (IMF) is expected to discuss a $1.2 billion tranche to Egypt in the coming weeks, following the completion of the Extended Fund Facility’s (EFF) fourth ...

Arab Finance: The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) is planning to expand its services to reach 4 million clients within the next three years, according to Basil Rahmy, ...

Arab Finance: The grains and bread prices in Egypt saw a 1.3% month-on-month (MoM) increase in January 2025, CAPMAS reported. Meanwhile, prices of the oils and fats group edged up by 0.7% MoM.

Arab Finance: The Dubai Financial Market Index (DFMI) increased by 13.394%, or 621.48 points, to close Monday’s trading session at 5,261.31 points. Meanwhile, the FTSE ADX General Index (FADGI) of the ...

Arab Finance: The Egyptian General Petroleum Corporation (EGPC) held its weekly Energy Transition Committee meeting to review the progress of projects supporting the shift toward clean energy, as per ...

Arab Finance: Egypt has allocated 20 square kilometers in the oases of New Valley to an alliance comprising Masdar, Infinity Power, and Hassan Allam to construct a 900-megawatt solar power plant, an ...

Arab Finance: The All Share Index of Bahrain Bourse (BHB) edged up 0.33% on Sunday, closing the trading session at 1,887.8 points, versus 1,881.67 points on Thursday. A total of 1.436 million shares ...

Arab Finance: Sixth of October Development and Investment Company (SODIC) is planning to expand in the hotels sector over the coming period by launching 550 rooms in five new hotels, Ayman Amer, the ...

Arab Finance: Extracted Oils and Derivatives Company (ZEOT) recorded 90.9% lower net profits after tax at EGP 495,000 in the first half (H1) of fiscal year (FY) 2024/25, as per the unaudited financial ...

Arab Finance: Rekaz Holding for Investment (RKAZ) turned to net losses worth EGP 326,191 in 2024, against net profits valued at EGP 1.90 million in 2023, as per the financial results. Revenues dropped ...

Arab Finance: The Tadawul All Share Index (TASI) of the Saudi Exchange inched up by 0.02% on Monday, closing at 12,471.72 points, slightly down from 12,469.14 points in the previous session. The ...

Arab Finance: The All Share Index of Bahrain Bourse (BHB) plunged 0.04% on Monday, closing the trading session at 1,887.05 points, versus 1,887.8 points on Sunday. A total of 1.903 million shares were ...