Arab Finance: The Egyptian Exchange (EGX) saw a varied performance at Thursday’s close. Market capitalization concluded the session at EGP 2.281 trillion. Today’s trading saw 1.096 million shares ...

Arab Finance: Egypt's unemployment rate saw a modest increase in the third quarter (Q3) of this year, rising to 6.7% from 6.5% in Q2, Asharq Business reported, citing data from CAPMAS. The slight ...

Arab Finance: Prime Minister Mostafa Madbouly witnessed the signing of two memoranda of understanding (MoU) for the production of 5,200 megawatts of electricity from renewable sources, including 3,100 ...

Arab Finance: The Egyptian Exchange’s (EGX) indices have closed Wednesday’s trading session in the red territory, with the market capitalization at EGP 2.271 trillion. Today’s trading saw 1.330 ...

Arab Finance: The Egyptian government has launched a new loan initiative offering a subsidized 15% interest rate to ceramic and porcelain manufacturers for the purchase of equipment and production ...

Arab Finance: Egypt’s trade deficit climbed by 21.3% year on year (YoY) in August, reaching $4.88 billion, versus $4.03 billion, data from the Central Agency for Public Mobilization and Statistics ...

Arab Finance: The Egyptian General Petroleum Corporation (EGPC) has awarded four oil and gas exploration blocks to international companies as part of the latest bid round, the ministry’s Egypt ...

Arab Finance: Instagram by Meta has launched a world-first digital experience, using augmented reality (AR) to revive Egypt’s ancient history, as per an emailed press release. In partnership with the ...

Arab Finance: The second week of November has been laden with compelling news headlines in Egypt, from the state awarding four oil and gas exploration blocks to international companies as part of the ...

Arab Finance: Saudi Arabia’s Zamil Steel is eyeing expanding its production operations in Egypt in terms of the types and quantities of iron produced, with potential plans for expansion into ...

Arab Finance: The General Authority for Investment and Free Zones (GAFI) has launched six new free zones to attract foreign investments, a move aligned with Egypt’s strategic efforts to boost economic ...

Arab Finance: bp Plc will initiate the drilling of two exploratory natural gas wells in Egypt’s West Delta region at the Mediterranean Sea in January 2025, an unnamed government source told Asharq ...