Arab Finance: 2025 has been characterized by a strategic shift toward industrial localization, fiscal modernization, and expansion of private-sector participation in the Egyptian economy. To highlight ...
As Egypt approaches 2026, the trajectory of its monetary policy stands at a decisive crossroads. The Central Bank of Egypt (CBE) faces mounting pressure to recalibrate its framework in ways that ...
Arab Finance: Modon Holding has entered into definitive agreements to divest its full indirect investment in TMG Holding's hospitality arm, Icon Hotel Investment Ltd (ICON), to Abu Dhabi Developmental ...
Arab Finance: The European Bank for Reconstruction and Development (EBRD) is extending a $20 million financing package to ALEXBANK, part of the Intesa Sanpaolo Group within its International Banks ...
Arab Finance: Gold prices hiked on Tuesday, with 24-karat gold price recording EGP 6,857.6 per gram for buying and EGP 6,799.32 for selling, Dahab Masr’s data showed at 2:18 pm. The 21-karat gold ...
Arab Finance: Agiba Petroleum Company has reported strong gains in oil and natural gas production, supported by intensified drilling and exploration activity carried out in partnership with Italian ...
Arab Finance: Remittances from Egyptians working abroad recorded a sharp increase during the first 10 months of 2025, rising 42.8% year on year (YoY) to about $33.9 billion, according to a statement ...
Arab Finance: The General Authority for Suez Canal Economic Zone (SCZONE) signed a usufruct agreement with the industrial developer Main Development Company (MDC) to develop ready-to-use factories and ...
Arab Finance: Egypt signed contracts to establish three new industrial projects in the Suez Canal Economic Zone (SCZONE), with a total investment of $1.15 billion, the zone announced on December 23rd.
Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib met with senior executives from Turkish firm Bonny Socks to discuss plans to establish a new textile factory in Egypt, according ...
Arab Finance: President Abdel Fattah El-Sisi has issued presidential decree No. 733 of 2025, forming the board of the Central Bank of Egypt (CBE) for a one-year term, effective November 27th, as ...
Arab Finance: Egypt has signed an agreement to manage and operate the historic Continental Hotel in downtown Cairo under the global Indian brand TAJ Hotels, the Egyptian cabinet stated on December ...