Arab Finance: The Egyptian Exchange’s (EGX) indices saw collective gains at Thursday’s close, with a market capitalization of EGP 2.221 trillion. Today’s trading saw 808.405 million shares exchanged ...

Arab Finance: Eastern Company has decided to pay cash dividends of EGP 2.70 per share, or a total of EGP 8.10 billion, to shareholders in two installments for the fiscal year ended June 30 th, 2024, ...

Arab Finance: The past five days, ending October 3rd, were packed with major developments, from Egypt's PMI dipping in September to the IMF pushing its loan review to November. Here is your quick ...

Arab Finance: Egypt's Chamber of Engineering Industries has agreed with a Chinese investor to set up a factory for painting household utensils in Badr City, Tarek Abdeen, a board member of the chamber ...

Arab Finance: ASEC Mining Company (ASCOM) announced that its fully owned subsidiary, APM Investment Holdings BVI, received 5.75 million shares from Canadian Allied Gold Corp in September as an ...

Arab Finance: Egyptian Prime Minister Mostafa Madbouly and Minister-President of Bavaria Markus Söder witnessed the signing of a joint declaration of intent aimed at enhancing bilateral ties in ...

Arab Finance: Egypt’s external debt dropped by more than $15 billion in six months, reflecting the government’s reform efforts, Prime Minister Mostafa Madbouly announced. In his meeting with several ...

Arab Finance: The UK-based bp is targeting accelerating exploration and production in the Mediterranean Sea over the coming period to boost Egypt’s natural gas output, as per a statement. This plan ...

Arab Finance: Dutch oil giant Shell and Malaysian energy company Petronas have committed $420 million to develop the 10th and 11th phases of the Burullus gas fields in Egypt’s West Delta, Asharq ...

Arab Finance: The Egyptian government is probing ways of strengthening cooperation with Siemens Energy in expanding renewables and green hydrogen projects and promoting digital transformation in the ...

Arab Finance: Seven Brazilian investors are studying the establishment of a logistics zone in the Suez Canal Economic Zone (SCZone), with plans to announce further details in 2025, Regional Director ...

Arab Finance: Ministry of Petroleum and Mineral Resources is exploring new investment opportunities as well as seeking to bolster natural gas exploration efforts with ExxonMobil, as per a statement.