Arab Finance: Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) penned a micro-project financing contract worth EGP 60 million with Erada Microfinance Company, according to a ...

Arab Finance: Cairo Educational Services (CAED) will distribute cash dividends of EGP 1.250 per share on February 6th for the academic year ending on August 31st, 2024, according to the company’s ...

Arab Finance: The Egyptian Exchange’s (EGX) indices witnessed a positive performance on Sunday, with market capitalization standing at EGP 2.219 trillion. The Sharia-compliant index, EGX33 Shariah ...

Arab Finance: Organi Group is planning to launch the first chlorine granules manufacturing facility in the Middle East, the group’s CEO Essam Al Organi told Asharq Business. The project is set to be ...

In 2024, the Egyptian economy faced significant challenges, largely due to the ongoing war in Gaza and heightened tensions in the Red Sea. The disruption of navigation in the Suez Canal and halting of ...

Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi visited the Misr Fertilizers Production Company’s (MOPCO) complex in Damietta, the largest industrial facility for nitrogen ...

Arab Finance: Alexandria Company for Pharmaceuticals and Chemical Industries (Alex Pharma) posted a 64.79% year-on-year (YoY) in net profit after tax in the first half (H1) of fiscal year (FY) ...

Arab Finance: The World Bank expects Egypt’s real gross domestic product (GDP) growth for fiscal year (FY) 2024/2025 to hit 3.5% and 4.2% in FY2025/26, according to the financial institution’s Global ...

Arab Finance: The Egyptian Exchange (EGX) ended Thursday’s trading session higher, with the market capitalization standing at EGP 2.196 trillion. EGX’s turnover hit EGP 3.690 billion through the ...

Arab Finance: The International Monetary Fund (IMF) has cut its forecast for Egypt's real gross domestic product (GDP) growth by 0.5% and 1% for the current and next fiscal years (FYs) 2024/2025 and ...

Arab Finance: PARAGON Developments has won the “Administrative Project of the Year” award for its flagship project, PARAGON 1, as per a press release. The real estate developer has been awarded at the ...

Arab Finance: Taly has signed a memorandum of understanding (MoUs) with Just2Pay to support digital transformation in Egypt’s payment operations by boosting technological integration and delivering ...