Arab Finance: Aspire Capital Holding for Financial Investments (ASPI) recorded a block-trading deal at a value of EGP 17.6 million, the Egyptian Exchange (EGX) announced on February 10th. The ...

Arab Finance: EFG Hermes, an EFG Holding company, has named Khalid AlSweilem as the new Chairman of EFG Hermes KSA, according to a press release. The appointment ...

Arab Finance: The International Monetary Fund (IMF) is expected to discuss a $1.2 billion tranche to Egypt in the coming weeks, following the completion of the Extended Fund Facility’s (EFF) fourth ...

Arab Finance: The grains and bread prices in Egypt saw a 1.3% month-on-month (MoM) increase in January 2025, CAPMAS reported. Meanwhile, prices of the oils and fats group edged up by 0.7% MoM.

Arab Finance: Sixth of October Development and Investment Company (SODIC) generated 82% year-on-year (YoY) higher net profits attributable to the equity holders of the parent company in 2024, ...

Arab Finance: The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) is planning to expand its services to reach 4 million clients within the next three years, according to Basil Rahmy, ...

Arab Finance: The Dubai Financial Market Index (DFMI) increased by 13.394%, or 621.48 points, to close Monday’s trading session at 5,261.31 points. Meanwhile, the FTSE ADX General Index (FADGI) of the ...

Arab Finance: Egypt has allocated 20 square kilometers in the oases of New Valley to an alliance comprising Masdar, Infinity Power, and Hassan Allam to construct a 900-megawatt solar power plant, an ...

Arab Finance: The All Share Index of Bahrain Bourse (BHB) edged up 0.33% on Sunday, closing the trading session at 1,887.8 points, versus 1,881.67 points on Thursday. A total of 1.436 million shares ...

Arab Finance: Mondelez Egypt has been named a "Top Employer" for 2025 by the Top Employers Institute, according to an emailed press release. This marks the sixth consecutive year the company has ...

Arab Finance: Sixth of October Development and Investment Company (SODIC) is planning to expand in the hotels sector over the coming period by launching 550 rooms in five new hotels, Ayman Amer, the ...

Arab Finance: Rekaz Holding for Investment (RKAZ) turned to net losses worth EGP 326,191 in 2024, against net profits valued at EGP 1.90 million in 2023, as per the financial results. Revenues dropped ...