News

Arab Finance: The Egyptian Exchange (EGX) showed a varied performance on Thursday, with the EGX30 rising by 0.36% at 31,941.15 points. Meanwhile, the Sharia-compliant index, EGX33 Shariah index, added ...
Arab Finance: Emaar Misr for Development (EMFD) reported a 41.96% year-on-year (YoY) drop in consolidated net profits attributable to the parent company for the first quarter (Q1) of 2025, logging EGP ...
Fitch Ratings projects Egypt’s external financing needs for FY 2022/23 to hit $19B Updated 1/19/2023 8:48:00 AM ...
Arab Finance: Fawry for Banking Technology and Electronic Payment (FWRY) reported a 97.13% year-on-year (YoY) climb in consolidated profits attributable to the parent company in the first quarter (Q1) ...
Arab Finance: Capgemini announced a new one-year partnership with The American University in Cairo (AUC) Onsi Sawiris School of Business Center for Entrepreneurship and Innovation (CEI), according to ...
Arab Finance: The Egyptian Cabinet has approved petroleum commitment agreements for five projects, signed between the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum ...
Arab Finance: The exchange rate of the US dollar to the Egyptian pound fell on Thursday, hitting EGP 50.11 for buying and EGP 50.21 for selling at Banque Misr at 12:39 PM. Meanwhile, the US dollar ...
Arab Finance: The exchange rate of the US dollar to the Egyptian pound went down on Tuesday, recording EGP 50.41 for buying and EGP 50.51 for selling at the National Bank of Egypt (NBE) at 2:14 pm.
Arab Finance: e-finance for Digital and Financial Investments (EFIH) posted a 30.21% year-on-year (YoY) jump in consolidated net profits after tax and non-controlling interest in the first quarter (Q1 ...
Arab Finance: The unemployment rate in Egypt recorded 6.3% in the first quarter (Q1) of 2025, as reported by the Central Agency for Public Mobilization and Statistics (CAPMAS). This marks a 0.3% ...
Arab Finance: The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and Arab African International Bank (AAIB) signed a contract worth EGP 150 million to finance mircro, small-, and ...
Arab Finance: The United Bank logged 67% year-on-year (YoY) higher consolidated net profits after tax and attributable to the parent company at EGP 774 million in the first three months of 2025, up ...