Arab Finance: The Egyptian Exchange’s (EGX) indices showed an upward trend on Wednesday, with market capitalization hitting EGP 2.059 trillion. The benchmark EGX30 index gained 0.61%, finishing the ...

Arab Finance: Egypt has raised the price of a household cooking gas cylinder by 50% from EGP 100 to EGP 150, Asharq Business reported. The price of a commercial cooking gas cylinder has also risen by ...

Arab Finance: Lecico Egypt’s (LCSW) board has approved the merger of Lecico Ceramic Industries Company, International Ceramics, and European Ceramics into the company, according to a statement.

Arab Finance: Egypt is probing yacht tourism development with Saudi Arabia, Asharq Business reported, citing Minister of Tourism and Antiquities Sherif Fathi. Over the next five years, the government ...

Arab Finance: Palm Hills Development’s board has approved guaranteeing the company’s subsidiary Palm for Urban Development in the long-term syndicated loan worth EGP 10.3 billion granted by Banque ...

Arab Finance: Egypt is seeking to offer additional stakes in Egypt Aluminum and Egyptian Chemical Industries (KIMA) on the Egyptian Exchange (EGX), Asharq Business reported, citing Minister of Public ...

Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib held extensive meetings with representatives of British renewable energy companies as part of his visit to London, encouraging ...

Arab Finance: The Egyptian government launched 543 new real estate projects in the country last year with initial investments worth $363 million, Asharq Business reported, citing Deputy Minister of ...

Arab Finance: Egypt's renewable energy capacity, spanning wind, solar, and hydropower, is expected to increase to 8,097 megawatts by next summer, Minister of Electricity and Renewable Energy Mahmoud ...

Arab Finance: Atlas for Investment and Food Industries (AIFI) recorded consolidated net losses attributable to the parent company of EGP 1.594 million during the first half (H1) of 2024, compared to ...

Arab Finance: Egypt has officially launched the presidential initiative "A New Beginning to Build the Human Being," aimed at fostering self-development, health, education, culture, sports, and ethical ...

Arab Finance: The Saudi Arabia-based ACWA Power is set to complete raising $1.5 billion in funds next November for a wind energy project in Egypt’s Gulf of Suez, a government official told Asharq ...