News

Arab Finance: Egypt's annual headline inflation recorded 13.5% in April, versus 13.1% in March, as reported by the Central Agency for Public Mobilization and Statistics (CAPMAS) on May 10th. The ...
Arab Finance: The Dubai Financial Market Index (DFMI) increased by 1.767%, or 92.69 points, to close Wednesday’s trading session at 5,398.08 points. Meanwhile, the FTSE ADX General Index (FADGI) of ...
Arab Finance: The exchange rate between the US dollar and the Egyptian pound recorded EGP 50.57 for purchasing and EGP 50.67 for selling at the National Bank of Egypt (NBE) on Thursday at 2:29 pm. At ...
Arab Finance: The bilateral trade between Egypt and Greece reached $1.6 billion in 2024, compared to $2 billion in 2023, according to the Central Agency for Public Mobilization and Statistics (CAPMAS) ...
Arab Finance: Egyptian President Abdel Fattah El-Sisi and Greek President Konstantinos Tasoulas signed a joint declaration on the strategic partnership between the two countries as well as agreements ...
Arab Finance: Egypt's net international reserves (NIR) reached $48.143 billion at the end of April 2025, according to data from the Central Bank of Egypt (CBE). On a monthly basis, this amount is ...
Arab Finance: PARAGON has officially launched WORK IN, a new administrative space within its PARAGON.3 project, the New Administrative Capital, as per an emailed press release. The fully serviced ...
Arab Finance: The All Share Index of Bahrain Bourse (BHB) gained 0.15% on Wednesday, closing the trading session at 1,911.54 points, versus 1,908.66 points on Tuesday. A total of 3.116 million shares ...
Arab Finance: Boursa Kuwait's indices ended Wednesday's session with mixed results. The Premier Market Index climbed 30.79 points, or 0.36%, to close at 8,665.75 points. The Main Market Index ended ...
Arab Finance: Minor Hotels has signed a memorandum of understanding (MoU) with Somabay Hotel Company to develop a hotel under its luxury Anantara brand in Egypt, according to an emailed press release.
Arab Finance: CI Capital has completed the largest corporate bond issuance in the Egyptian market to date, securing EGP 2.5 billion for Tasaheel Finance, as per an emailed press release. The issuance ...
Arab Finance: The US Federal Reserve kept interest rates unchanged for the third time this year at a range between 4.25% and 4.5%, as per a statement issued by the Federal Open Market Committee (FOMC) ...