Arab Finance: Egypt is set to offer four to five coastal areas along the Red Sea, including Ras Benas, to investors, Prime Minister Mostafa Madbouly said in a press conference. This move aims at ...

Arab Finance: The Egyptian Exchange’s (EGX) indices saw collective gains at Thursday’s close, with a market capitalization of EGP 2.093 trillion. The benchmark EGX30 index gained 1.96%. ending the ...

Arab Finance: Egypt is seeking to offer additional stakes in Egypt Aluminum and Egyptian Chemical Industries (KIMA) on the Egyptian Exchange (EGX), Asharq Business reported, citing Minister of Public ...

Arab Finance: Saudi Seventh Investment Company, owned by the Saudi state-owned Public Investment Fund (PIF), has lowered its stake in Abu Qir Fertilizers and Chemicals Industries Company to 0.54% from ...

Arab Finance: The Egyptian Exchange’s (EGX) indices showed an upward trend on Wednesday, with market capitalization hitting EGP 2.059 trillion. The benchmark EGX30 index gained 0.61%, finishing the ...

Arab Finance: Egypt is probing yacht tourism development with Saudi Arabia, Asharq Business reported, citing Minister of Tourism and Antiquities Sherif Fathi. Over the next five years, the government ...

Arab Finance: Egypt has raised the price of a household cooking gas cylinder by 50% from EGP 100 to EGP 150, Asharq Business reported. The price of a commercial cooking gas cylinder has also risen by ...

Arab Finance: Lecico Egypt’s (LCSW) board has approved the merger of Lecico Ceramic Industries Company, International Ceramics, and European Ceramics into the company, according to a statement.

Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib held extensive meetings with representatives of British renewable energy companies as part of his visit to London, encouraging ...

Arab Finance: Palm Hills Development’s board has approved guaranteeing the company’s subsidiary Palm for Urban Development in the long-term syndicated loan worth EGP 10.3 billion granted by Banque ...

Arab Finance: Egypt's Minister of Petroleum and Mineral Resources Karim Badawi met with Chief Operating Officer of Malaysia's Petronas Group Adnan Zainal Abidin to discuss the company’s current and ...

Arab Finance: The Financial Regulatory Authority (FRA) has approved publishing the disclosure form submitted by Memphis Pharmaceutical and Chemical Industries’ board to invite senior shareholders to ...