Arab Finance: Extracted Oils and Derivatives Company (ZEOT) recorded 90.9% lower net profits after tax at EGP 495,000 in the first half (H1) of fiscal year (FY) 2024/25, as per the unaudited financial ...

Arab Finance: Foreign currency deposits in Egypt's banks, excluding the Central Bank of Egypt (CBE), increased by 15.2% in 2024, reaching $58.17 billion by the end of December, according to the CBE.

Arab Finance: The Dubai Financial Market Index (DFMI) increased by 14.154%, or 650.3 points, to close Thursday’s trading session at 5,244.83 points. Meanwhile, the FTSE ADX General Index (FADGI) of ...

Arab Finance: The Tadawul All Share Index (TASI) of the Saudi Exchange rose by 0.15% on Thursday, closing at 12,433.58 points, slightly up from 12,414.40 points in the previous session. The session ...

Arab Finance: The Egyptian Exchange (EGX) showed a varied performance on Wednesday, with the EGX30 index rising by 0.23% to 29,735.59 points. Both the small- and mid-cap EGX70 equal-weight index (EWI) ...

Arab Finance: Boursa Kuwait's indices ended Thursday's session with a varied performance. The Premier Market Index declined 19.85 points, or 0.24%, to close at 8,423.05 points. The Main Market Index ...

Arab Finance: A banking consortium, led by Banque du Caire and comprising Al Baraka Bank Egypt and SAIBANK, has arranged a $75 million syndicated loan to Cheiron Egypt, an arm of the global oil and ...

Arab Finance: RMBV, a Netherlands-based private equity firm, is planning to invest $100 million in Egypt this year through acquiring 20% to 40% stakes in four to five companies, Managing Partner Ahmed ...

Arab Finance: Abu Qir Fertilizers and Chemicals Industries Company (ABUK) recorded an annual jump of 11.89% in standalone net profit after tax during the first half (H1) of fiscal year (FY) 2024/25, ...

Arab Finance: The Dubai Financial Market Index (DFMI) increased by 13.821%, or 633.72 points, to close Wednesday’s trading session at 5,218.93 points. Meanwhile, the FTSE ADX General Index (FADGI) of ...

Arab Finance: First Abu Dhabi Bank Misr (FABMISR) reported a 153% year-on-year surge in 2024 net profits, registering EGP 26.3 billion, up from EGP 10.4 billion in 2023, according to an emailed press ...