Arab Finance: The Egyptian Competition Authority (ECA) has approved seven significant acquisition deals, allowing domestic and international companies to invest in various local sectors, as per a ...
Arab Finance: India-based TCI Sanmar Chemicals is planning to invest over $300 million in the Egyptian market to scale up its production capacity of polyvinyl chloride (PVC), as per a statement. The ...
Arab Finance: Minister of Trade and Investment Hassan El Khatib met with several ceramic manufacturers to discuss the future of Egypt's ceramic industry and address potential obstacles with relevant ...
Arab Finance: Edita Food Industries witnessed 18.70% higher consolidated net profits attributable to the parent company at EGP 1.07 billion in the first half (H1) of 2025, according to the financial ...
Arab Finance: The number of licensed vehicles in Egypt has reached 9.95 million at the end of 2023, up by 0.04% year on year (YoY) from 9.94 million, the Central Agency for Public Mobilization and ...
Arab Finance: Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir has inaugurated the new expansions of the Cairo Food Industries Factory (Kraft ...
Arab Finance: Banque Misr and the National Bank of Egypt (NBE) cut interest rates on their three-year term certificates of deposit (CDs) in US dollars by 0.5%, effective March 17th, according to a ...
Arab Finance: Egypt has postponed the launch of its financial derivatives market until the second quarter (Q2) of 2025, Vice Chairman of the Financial Regulatory Authority (FRA) Islam Azzam told ...
Arab Finance: Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, and Thailand’s Minister of Commerce, Pichai Nariptavan, signed a memorandum of understanding (MoU) to establish a ...
Arab Finance: The Egyptian Electricity Transmission Company (EETC) and Siemens Gamesa Renewable Energy signed an agreement to build a 500-megawatt wind farm in the Gulf of Suez, according to a ...
Arab Finance: Abu Soma Touristic Development Company (ASDC), developer of Somabay hotels, is planning to inaugurate two new hotels within the coming two years, with around EGP 1.6 billion worth of ...
Arab Finance: Al Arafa for Investment and Consultancies (AIVC) reported consolidated net losses attributable to the holding company of $3.359 million in the nine months to October 31 st of 2023, ...