Arab Finance: The number of credit cards in Egypt increased by 61% over the past four years to reach around 6.7 million cards by the end of June, according to the latest data released by the Central ...

Arab Finance: The Egyptian Exchange (EGX) is heading into what market officials and analysts expect to be one of its strongest investment years, with preparations underway to list around eight new ...

As Egypt approaches 2026, the trajectory of its monetary policy stands at a decisive crossroads. The Central Bank of Egypt (CBE) faces mounting pressure to recalibrate its framework in ways that ...

Arab Finance: 2025 has been characterized by a strategic shift toward industrial localization, fiscal modernization, and expansion of private-sector participation in the Egyptian economy. To highlight ...

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: Modon Holding has entered into definitive agreements to divest its full indirect investment in TMG Holding's hospitality arm, Icon Hotel Investment Ltd (ICON), to Abu Dhabi Developmental ...

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: 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: 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: 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 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: 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 ...