Arab Finance: The five-day period ended January 9th, 2025, saw some major news, topped by annual headline inflation hitting 23.4% in December 2024 and net international reserves (NIR) reaching $47.109 ...

Arab Finance: The Egyptian Exchange’s (EGX) indices closed Thursday’s trading session in the red zone, with market capitalization at EGP 2.180 billion. Today’s trading saw 851.971 billion shares ...

Arab Finance: Shalateen Mineral Resource Company plans to become a producer of gold and precious metals, instead of a gold buyer from individuals and selling it to the Central Bank of Egypt (CBE), ...

Arab Finance: Aman Holding, the business line of Raya Holding for Financial Investments, has successfully issued two securitized bonds at an amount of EGP 2.5 billion, according to a press release.

Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib reviewed the latest developments of BSH Egypt’s project in the 10th of Ramadan City, according to an official statement. During ...

Arab Finance: EFG Hermes has concluded its advisory on Almoosa Healthcare Company’s $449 million initial public offering (IPO) on the Saudi Exchange, as per an ...

Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib and the EU Ambassador-designate to Egypt Angelina Eichhorst discussed ways to enhance mutual trade and investment cooperation, ...

Arab Finance: Egypt's net international reserves (NIR) reached $47.109 billion at the end of December, according to data from the Central Bank of Egypt (CBE). The reserves increased from $46.952 ...

Arab Finance: Al Masar Tourism Development intends to invest about EGP 2.5 billion to renovate the Holy Family Path, the company’s chairman Mounir Ghabbour told Asharq Business. He added that these ...

Arab Finance: The General Authority for Land and Dry Ports (GALDP) has signed a contract with the Swiss logistics firm MEDLOG for the financing, design, construction, operation, and maintenance of the ...

Arab Finance: Egyptian President Abdel Fattah El-Sisi has approved Law No. 247 of 2024, authorizing the increase of Egypt's share in the International Monetary Fund (IMF) by 50%, the official Gazette ...

Arab Finance: EFG Hermes has completed its advisory role on the initial public offering (IPO) of Nice One Beauty, as per an emailed press release. The transaction ...