News
Arab Finance: Orascom Financial Holding (OFH) has sold a 98.99% stake in Klivvr for Electronics Development and Payements to Klivvr Holding Limited for a total of $13 million, as per a disclosure. The ...
Arab Finance: Egypt set its public investment ceiling for fiscal year (FY) 2025/2026 at approximately EGP 1.158 trillion, Rania Al-Mashat, Minister of Planning, Economic Development, and International ...
Arab Finance: Madinet Masr will distribute cash dividends of EGP 0.25 per share to shareholders for 2024 earnings, as per a filing. Cash dividends will be paid in two equal installments of EGP 0.125 ...
Arab Finance: Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, witnessed the launch of the "Promoting Citizen-Centered Governance in Egypt" initiative, ...
Arab Finance: The Egyptian Exchange (EGX) showed a positive performance on Tuesday after EGX30 went up by 0.37% at 31,692.77 points. Likewise, the Sharia-compliant index, EGX33 Shariah index, rose by ...
Arab Finance: The All Share Index of Bahrain Bourse (BHB) plunged 0.18% on Monday, closing the trading session at 1,916.39 points, versus 1,919.91 points on Sunday. A total of 1.185 million shares ...
Arab Finance: Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), has participated in the Energy Law Group Global Forum, according to a statement. Organized by Zaki Hashem ...
Arab Finance: Egypt has allocated EGP 732.6 billion for social protection in the fiscal year (FY) 2025/2026 budget, Rania Al-Mashat, Minister of Planning, Economic Development, and International ...
Arab Finance: The exchange rate between the US dollar and the Egyptian pound edged down on Sunday, hitting EGP 50.56 for purchasing and EGP 50.66 for selling at the National Bank of Egypt (NBE) at ...
Arab Finance: The US and China reached an agreement for a 90-day pause on trade tariffs, Reuters reported. Reciprocal duties are expected to drop sharply, which will boost investors' confidence that a ...
Arab Finance: The Dubai Financial Market Index (DFMI) decreased by 0.034%, or 1.83 points, to close Monday’s trading session at 5,333.93 points. Meanwhile, the FTSE ADX General Index (FADGI) of the ...
Arab Finance: The National Egyptian Railway Industries Company (NERIC) and the National Authority for Tunnels (NAT) signed a €275.02 million agreement to localize and supply 21 trains, equivalent to ...
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