Arab Finance: Instagram by Meta has launched a world-first digital experience, using augmented reality (AR) to revive Egypt’s ancient history, as per an emailed press release. In partnership with the ...

Arab Finance: The Egyptian Exchange’s (EGX) indices have closed Wednesday’s trading session in the red territory, with the market capitalization at EGP 2.271 trillion. Today’s trading saw 1.330 ...

Arab Finance: Egypt’s trade deficit climbed by 21.3% year on year (YoY) in August, reaching $4.88 billion, versus $4.03 billion, data from the Central Agency for Public Mobilization and Statistics ...

Arab Finance: The Egyptian government has launched a new loan initiative offering a subsidized 15% interest rate to ceramic and porcelain manufacturers for the purchase of equipment and production ...

Arab Finance: bp Plc will initiate the drilling of two exploratory natural gas wells in Egypt’s West Delta region at the Mediterranean Sea in January 2025, an unnamed government source told Asharq ...

Arab Finance: Saudi Arabia’s Zamil Steel is eyeing expanding its production operations in Egypt in terms of the types and quantities of iron produced, with potential plans for expansion into ...

Arab Finance: Mashreq, a leading financial institution in the MENA region, has launched its clean-up expedition in Egypt as part of the bank’s global initiative to clean up 14 mountain sites around ...

Arab Finance: Palm Hills Developments has signed a partnership with Saudi Dallah Real Estate to develop integrated real estate projects across the kingdom, CEO of Palm Hills Magued Sherif told Al ...

Arab Finance: Heliopolis Housing and Development (HELI) logged net profit after tax of EGP 1.745 billion in the first nine months of 2024, compared to net profits of EGP 8.078 million in the year-ago ...

Arab Finance: Eastern Company’s net profits after tax climbed 62% year on year (YoY) in the first quarter (Q1) of fiscal year (FY) 2024/2025, according to the financial indicators filed to the ...

Arab Finance: M42, an Abu Dhabi-based AI-driven healthcare firm, is considering new expansion opportunities in Egypt as part of its strategy to extend its advanced healthcare services globally, ...

Arab Finance: The Egyptian General Petroleum Corporation (EGPC) has awarded four oil and gas exploration blocks to international companies as part of the latest bid round, the ministry’s Egypt ...