News

Arab Finance: The exchange rate between the USD and EGP edged up on Thursday, recording EGP 48.5 for buying and EGP 48.6 for selling at Banque ...
Arab Finance: The gold prices in Egypt retreated on Thursday, with the 24-karat gold recording EGP 5,228.5 per gram for buying and EGP 5,257.25 ...
Arab Finance: Misr Cement Qena recorded an annual leap of 1,870% in consolidated net profits attributable to the controlling shareholders to EGP 599.
Arab Finance: Israel's Leviathan natural gas field has penned a deal estimated at a value of $35 billion to supply gas to Egypt, NewMed Energy, one o ...
Arab Finance: Suez Canal Bank recorded 70.56% higher net profits after tax at EGP 3.083 billion in the first half (H1) of 2025, compared to EGP 1.807 ...
Arab Finance: Egypt’s real gross domestic product (GDP) growth is expected to hit 4.8% in fiscal year (FY) 2025/2026 and 5.1% in FY 2026/2027, the Central Bank of Egypt (CBE) highlighted in its ...
Arab Finance: The consolidated net losses attributable to the parent company of Orascom Investment Holding (OIH) hiked by 389.57% to EGP 908.943 mill ...
Arab Finance: Utopia for Real Estate and Tourism Investment posted 86.77% year-on-year (YoY) lower net profit after tax at EGP 1.487 million in the first half (H1) of 2025, versus EGP 11.249 million, ...
Arab Finance: Boursa Kuwait ended Wednesday’s trading session in the red zone, with the Premier Market Index falling by 31.09 ...
Arab Finance: The exchange rate between the USD and EGP recorded EGP 48.42 for buying and EGP 48.52 for selling at the Commercial International ...
Arab Finance: The All Share Index of the Bahrain Bourse declined by 0.06% on Wednesday, ending the trading session at 1,945.64 points, versus 1,946.9 points in the previous session. A total of 2.621 ...
Arab Finance: Egypt’s net international reserves (NIR) rose to a new record high of $49.036 billion at the end of July 2025, according to a statement issued by the Central Bank of Egypt (CBE). The ...