Arab Finance: Foreign currency deposits in Egypt's banks, excluding the Central Bank of Egypt (CBE), increased by 15.2% in 2024, reaching $58.17 billion by the end of December, according to the CBE.

Arab Finance: The All Share Index of Bahrain Bourse (BHB) added 0.45% on Wednesday, closing the trading session at 1,873.19 points, versus 1,864.79 points on Tuesday. A total of 1.362 million shares ...

Arab Finance: A banking consortium, led by Banque du Caire and comprising Al Baraka Bank Egypt and SAIBANK, has arranged a $75 million syndicated loan to Cheiron Egypt, an arm of the global oil and ...

Arab Finance: The Dubai Financial Market Index (DFMI) increased by 13.821%, or 633.72 points, to close Wednesday’s trading session at 5,218.93 points. Meanwhile, the FTSE ADX General Index (FADGI) of ...

Arab Finance: Egypt is considering launching a unified financing initiative aiming to support over 5,000 startups, with 500 of these targeted companies attracting over $1 million each in investments, ...

Arab Finance: The Dubai Financial Market Index (DFMI) increased by 14.154%, or 650.3 points, to close Thursday’s trading session at 5,244.83 points. Meanwhile, the FTSE ADX General Index (FADGI) of ...

Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib met with the Ambassador of Tunisia to Cairo Mohamed Ben Youssef to discuss enhancing the economic relations between both ...

Arab Finance: Egyptian Minister of Planning and Economic Development, and International Cooperation Rania Al-Mashat signed a €1.4 million grant agreement with Spain's Economic and Commercial Advisor ...

Arab Finance: The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IsDB), has signed the 2025 Country Work Program for ...

Arab Finance: The Egyptian pound exchange rate against the US dollar is still slightly above the EGP 50 mark on Wednesday, with the USD rates at Banque Misr recording EGP 50.26 for purchasing and EGP ...

Arab Finance: The Egyptian Exchange (EGX) ended Tuesday’s trading session with a mixed performance, with the EGX30 index dropping by 0.29% to 29,668.47 points. On the other hand, the Sharia-compliant ...

Arab Finance: Abu Qir Fertilizers and Chemicals Industries Company (ABUK) recorded an annual jump of 11.89% in standalone net profit after tax during the first half (H1) of fiscal year (FY) 2024/25, ...