Arab Finance: Egypt signed contracts to establish three new industrial projects in the Suez Canal Economic Zone (SCZONE), with a total investment of $1.15 billion, the zone announced on December 23rd.

Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib met with senior executives from Turkish firm Bonny Socks to discuss plans to establish a new textile factory in Egypt, according ...

Arab Finance: Gold prices hiked on Tuesday, with 24-karat gold price recording EGP 6,857.6 per gram for buying and EGP 6,799.32 for selling, Dahab Masr’s data showed at 2:18 pm. The 21-karat gold ...

Arab Finance: The European Bank for Reconstruction and Development (EBRD) is extending a $20 million financing package to ALEXBANK, part of the Intesa Sanpaolo Group within its International Banks ...

Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi held an extended meeting with the heads and representatives of several international oil companies operating in Egypt to discuss ...

Arab Finance: President Abdel Fattah El-Sisi has issued presidential decree No. 733 of 2025, forming the board of the Central Bank of Egypt (CBE) for a one-year term, effective November 27th, as ...

Arab Finance: The General Authority for Suez Canal Economic Zone (SCZONE) signed a usufruct agreement with the industrial developer Main Development Company (MDC) to develop ready-to-use factories and ...

Arab Finance: Remittances from Egyptians working abroad recorded a sharp increase during the first 10 months of 2025, rising 42.8% year on year (YoY) to about $33.9 billion, according to a statement ...

Arab Finance: Agiba Petroleum Company has reported strong gains in oil and natural gas production, supported by intensified drilling and exploration activity carried out in partnership with Italian ...

Arab Finance: Gold prices in Egypt maintained their stability on Sunday, Dahab Masr’s data showed at 3:27 pm. The 24-karat gold price amounted to EGP 6,640.48 per gram for buying and EGP 6,593.63 for ...

Arab Finance: Egyptian exports grow during the first 11 months of 2025 by 18% to approximately $44.392 billion, from about $37.544 billion during the same period in 2024, as per a statement by the ...

Arab Finance: Egypt has signed an agreement to manage and operate the historic Continental Hotel in downtown Cairo under the global Indian brand TAJ Hotels, the Egyptian cabinet stated on December ...