Arab Finance: Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir met with Akgun Okay, the CEO for the Middle East and China at the wood ...

Arab Finance: Egypt has welcomed 15 million tourists since the Gaza conflict began on October 7th, 2023, an unnamed government official told Asharq Business. Despite regional unrest, the local tourism ...

Arab Finance: Holding Company for Food Industries (HCFI) has announced the continued supply of Turkish eggs in consumer cooperative stores at a price of EGP 150 per carton, according to a statement by ...

Arab Finance: The Egyptian government has paid $1 billion of its outstanding $2 billion dues to foreign oil companies, an unnamed official told Asharq Business. This payment is part of the country’s ...

Arab Finance: The board of directors of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) has approved to receive a seven-year subordinated financing of $66.925 million from the UAE’s ADIB, according to a ...

Arab Finance: The Egyptian government is close to signing an agreement with a Chinese firm to establish a car tires manufacturing factory in the Suez Canal Economic Zone (SCZONE), with initial ...

Arab Finance: Egypt’s Ministry of Petroleum has inked a memorandum of understanding (MoU) with UAE-based Dragon Oil to integrate advanced artificial intelligence (AI) in the management of oil ...

Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi led the inaugural assembly of the new company for electro-sustainable aviation fuel (ESAF) production via video conference, as ...

Arab Finance: Egypt’s Holding Co for Maritime and Land Transport and Djibouti Ports and Free Zones Authority (DPFZA) have signed a memorandum of understanding (MoU) aimed at developing key ...

Arab Finance: UAE-based energy company Dana Gas is waiting for the Egyptian government to settle $24 million of its outstanding dues, totaling $59 million, to facilitate a significant production ...

Arab Finance: Cairo Festival City Mall, owned and operated by Al-Futtaim Real Estate, announced the opening of Furla’s first store in Egypt, as per an emailed press release. The opening of the Italian ...

Arab Finance: Egypt's annual headline inflation dropped to 26.3% in October 2024, compared to 38.5% in the same month of 2023, the Central Agency for Public Mobilization and Statistics (CAPMAS) ...