Arab Finance: The Ministry of Petroleum and Mineral Resources confirmed the availability of sufficient quantities of butane gas cylinders in the local market, according to a statement. The ministry ...
Arab Finance: Beltone Holding (BTFH) is planning to launch a new investment fund specializing in silver during the second quarter (Q2) of 2026, according to a report by Al-Borsa News. Khalil El-Bawab, ...
Arab Finance: Prime Minister Mostafa Madbouly held talks with Minister of Finance Ahmed Kouchouk to review the initial estimates for the fiscal year (FY) 2026/2027 draft budget, as per a statement.
Arab Finance: The Financial Regulatory Authority (FRA) approved the establishment of Al Ahly Green Agricultural Investment Fund, the first private equity fund specialized in agricultural investment in ...
Arab Finance: Egypt's net international reserves (NIR) jumped to $52.745 billion at the end of February 2026, according to the Central Bank of Egypt’s (CBE) data. The foreign reserves consist of a ...
Arab Finance: Egypt’s Administrative Capital for Urban Development (ACUD) has signed a partnership agreement with Polaris Parks to develop a new industrial complex, with investments valued at $120 ...
Arab Finance: Raya Holding for Financial Investments achieved consolidated profits after minority interest valued at EGP 2.588 billion in 2025, an annual leap of 53.29% from EGP 1.688 billion, the ...
Arab Finance: otrovato, a subsidiary of Orascom Investment Holding (OIH), has signed a memorandum of understanding (MoU) with the Commercial International Bank Egypt (CIB) to strategically partner on ...
Arab Finance: The National Telecom Regulatory Authority (NTRA) ordered local mobile operators to grant subscribers free international minutes to six Arab countries, as per a statement. Under the ...
Arab Finance: Egypt is planning to add 2,500 megawatts (MW) of renewable energy capacity to its national electricity grid before next summer, said Spokesman for the Presidency Mohamed El-Shennawy.
Arab Finance: Egypt will not be affected by the closure of the Strait of Hormuz, Minister of Petroleum and Mineral Resources Karim Badawi affirmed during the cabinet’s meeting. “We have diversified ...
Arab Finance: The US dollar hit a new record on Monday, trading at EGP 49.45 for purchase and EGP 49.55 for sale at the Commercial International Bank Egypt (CIB). At Banque Misr, the exchange rate ...