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 Egyptian Exchange (EGX) showed a varied performance on Wednesday, with the EGX30 index rising by 0.23% to 29,735.59 points. Both the small- and mid-cap EGX70 equal-weight index (EWI) ...

Arab Finance: Boursa Kuwait's indices ended Wednesday's session with a varied performance. The Premier Market Index declined 9.52 points, or 0.11%, to close at 8,442.90 points. The Main Market Index ...

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 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: 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: 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: 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: 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, ...

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: Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with AngloGold Ashanti's CEO Alberto Calderon to discuss investments in the Sukari gold mine, as per a statement. The ...

Arab Finance: Egypt achieved record tourism rates in 2024, with 15.78 million tourists arriving, as per a statement. During the first half (H1) of the current fiscal year (FY) 2024/2025, about 8.7 ...