Arab Finance: The US dollar rate against the Egyptian pound recorded EGP 50.55 for purchasing and EGP 50.65 for selling at the National Bank of Egypt (NBE) on Monday at 2:15 pm. Likewise, the USD ...

Arab Finance: Boursa Kuwait's indices ended Monday's session in the green zone. The Premier Market Index rose 2.80 points, or 0.03%, to close at 8,693.06 points. The Main Market Index ended the ...

Arab Finance: Misr Clearing Company for Central Depository and Registry (MCDR) has completed a comprehensive IT infrastructure upgrade designed by Cisco, in collaboration with Raya, and GTS, as per an ...

Arab Finance: XPay, a leading fintech startup, has entered a strategic partnership with Huawei Cloud Services to enhance digital payment solutions for businesses across Egypt, as per an emailed press ...

Arab Finance: Visa and MDP have announced a strategic partnership aimed at accelerating fintech growth in Egypt by enabling financial technology firms and non-banking financial institutions (NBFIs) to ...

The holy month of Ramadan holds a special significance in Egypt, both spiritually and economically. This year, Ramadan arrives amid a complex economic landscape, marked by a delicate balance between ...

Arab Finance: The Tadawul All Share Index (TASI) of the Saudi Exchange plunged by 0.55% on Monday, closing at 12,319.46 points, slightly down from 12,388.15 points in the previous session. The session ...

Arab Finance: vivo, a global leading technology company specializing in smartphone manufacturing, announced strengthening its investments and industrial operations in Egypt, as per an emailed press ...

Arab Finance: Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib and the UAE’s Minister of Economy Abdullah bin Touq Al-Marri signed the minutes of the fourth session of the ...

Arab Finance: Remittances from Egyptians abroad increased by 51.3% year on year (YoY) in 2024, reaching approximately $29.6 billion compared to about $19.5 billion in 2023, as per a statement. This ...

Arab Finance: Juhayna Food Industries Company has signed a financing agreement exceeding EGP 1 billion with Emirates NBD-Egypt, according to a bourse disclosure. The funding will be utilized to ...

Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi has directed the Egyptian Natural Gas Holding Company (EGAS) to develop an urgent plan to accelerate the development of ...