Egypt assumes chairmanship of AfCFTA council of ministers

Arab Finance: Egypt has officially assumed the chairmanship of the African Continental Free Trade Area (AfCFTA) Council of Ministers, succeeding Tanzania, as per a statement. The announcement was made during the 16th meeting of the council held in Kinshasa …

Egypt: 4Sale drives Digital Innovation in Kuwait

Arab Finance: In this insightful interview with Tarek Sakr, Founder and CEO of 4Sale, a leading classifieds platform with a strong presence in Kuwait and Egypt, shares a compelling perspective on the dynamics of e-commerce in these key Middle Eastern …

Egypt: SCZone chairman lays foundation stone for $1.65bln Chinese Xinfeng's steel complex in Sokhna

Egypt - The General Authority for the Suez Canal Economic Zone's (SCZone) Chairman Waleid Gamal El-Dein has laid the foundation stone of Chinese Xinfeng's integrated industrial steel complex in Sokhna, with total investments of $1.65 billion, as …

Egypt, ICAC mull boosting cotton sector cooperation

Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib met with Executive Director of the International Cotton Advisory Committee (ICAC) Eric Trachtenberg to discuss enhancing cooperation in the cotton sector and supporting Egypt's …

Gold prices in Egypt register collective fall mid-Monday

Arab Finance: The gold prices in Egypt collectively retreated mid-Monday after the 24-karat recorded EGP 5,405.75 per gram for buying and EGP 5,434.25 for selling, iSagha’s data showed. The 22-karat gold price also fell to EGP 4,955.25 for buying and EGP 4 …

Dust storms, unstable weather expected across Egypt on Tuesday: EMA

The Egyptian Meteorological Authority (EMA) predicts moderately hot weather during the day across most parts of the country on Tuesday, growing extremely hot in southern Upper Egypt. The weather at night will be moderate to cold in the early morning. As …

Egypt: Themar unveils $0.0009/share dividend for H2 2024

Arab Finance: The Egyptian Arabian Company for Securities and Bonds Brokerage (Themar) will pay cash dividends worth EGP 0.05 per share to shareholders for the second half (H2) of 2024, according to a bourse filing. The last entitlement and payment dates …

Egypt expects tourism surge as Grand Egyptian Museum opens

Egypt: Bokra concludes $59mln Mudarabah Sukuk issuance for Aman Holding's arm

Arab Finance: Bokra, a Sharia-compliant investment and financing company, has completed an EGP 3 billion Mudarabah Sukuk issuance for Aman Holding’s Aman Business Finance, as per an emailed press release. The offering holds a tenor of 84 months starting …

GEWAN HOTELS & RESORTS MAKES ITS GRAND ENTRANCE INTO EGYPT WITH FIVE ICONIC PROPERTIES

(MENAFN- PR Newswire) Tolip Golden Plaza Hotel, Tolip Paradise Resort New Alamein, Tolip Sunrise Resort New Alamein, The V Luxury Resort, and Crystal Lotus Luxury Palace. These properties will officially become part of Gewan Hotels & Resorts starting …