Arab Finance: The Egyptian Exchange’s (EGX) indices showed an upward trend on Tuesday, with market capitalization hitting EGP 2.226 trillion. Trading volume amounted to 916.701 million shares ...

Arab Finance: Lafarge Egypt has entered a strategic partnership with ESLSCA University to provide programs for Lafarge employees and develop managerial capabilities, as per an emailed press release.

Arab Finance: The National Initiative for Developing Egyptian Industry (Ebda) will invest EGP 17 billion in eight industrial projects under the Nile Fund for Industrial Development, Ebda’s CEO Amany ...

Arab Finance: Oriental Weavers concluded its annual Egypt Market Week event under the theme "Innovation Rooted in Heritage" at its headquarters, as per an emailed press release. The gathering ...

Arab Finance: Al Baraka Bank Egypt has introduced its new mobile banking application as part of its 2023–2025 strategic plan, according to an emailed press release. Alongside the app, the bank has ...

Arab Finance: Giza Spinning and Weaving is planning to establish five new factories over the next five years, with an investment of $15 million, Chairman Fadel Marzouk told Al Borsa News. Marzouk ...

Arab Finance: Egypt has signed two grants worth a total of €800,000 with Spain, provided by the Spanish Agency for International Development Cooperation (AECID), as per a statement. The first grant, ...

Arab Finance: The Egyptian Electricity Transmission Company (EETC) is finalizing scenarios for its demerger from the Egyptian Electricity Holding Company (EEHC) and plans to present them to the ...

Arab Finance: The African vaccine and medicine market is valued at approximately $50 billion annually, as highlighted by a World Economic Forum report. In Egypt, the pharmaceutical sector is thriving, ...

Arab Finance: Arab African International Bank (AAIB) has issued a $500 million sustainability bond, with investments from the International Finance Corporation (IFC), the European Bank for ...

Arab Finance: An investment alliance between Chinese investors and both the private and public sectors in Egypt is set to develop an integrated agricultural complex in New Valley Governorate with an ...

Arab Finance: The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad reached $20.8 billion in the first nine months of 2024, reflecting a 43% year-on-year (YoY) ...