News

Arab Finance: The Tadawul All Share Index (TASI) of the Saudi Exchange closed Tuesday’s trading session higher by 37.74 points or 0.33%, at 11,586.40 points, compared to 11,548.66 points in the ...
Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib has discussed ways to strengthen economic and trade cooperation between Egypt and China with the Chinese Ambassador to Egypt ...
Arab Finance: The US dollar rate against the Egyptian pound went down on Wednesday, recording EGP 50.91 for buying and EGP 51.01 for selling at the National Bank of Egypt (NBE) at 2:16 pm. Likewise, ...
Arab Finance: The Egyptian government is set to impose a value-added tax (VAT) on sugar as of the next fiscal year (FY) 2025/2026, according to the analytical financial statement for the FY 2025/2026 ...
Arab Finance: The cabinet has approved the National Authority for Tunnels' contract with DB-Elsewedy to manage and operate Egypt’s high-speed electric train network, as per a statement. The network ...
Arab Finance: The National Bank of Kuwait (NBK) expects the Central Bank of Egypt (CBE) to slash interest rates by 4% in the next monetary policy committee (MPC) meetings, driven by inflation trends ...
Arab Finance: MDP has received the Card Eco Certification badge from Mastercard, as part of the latter’s Sustainable Card Program launched in 2018, according to an emailed press release. Accordingly, ...
Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib met with Cem Yuksel, General Manager of Unilever for North Africa, the Levant, and Iraq, to review the company’s projects in ...
Arab Finance: Orascom Development Holding has released its second Environmental, Social, and Governance (ESG) 2024 Report under its ESG platform: Life with Purpose, which marks a progressive milestone ...
Arab Finance: Boursa Kuwait's indices showed a negative performance on Tuesday, with the Premier Market Index losing 28.83 points, or 0.34%, ending the session at 8,394.24 points. The Main Market ...
Arab Finance: Egyptian President Abdel Fattah El-Sisi has directed various entities and authorities to replace the fees they charge with a single unified additional tax on net profit, Spokesman for ...
Arab Finance: The Egyptian Exchange (EGX) showed a varied performance on Tuesday, with the EGX30 falling by 0.70% to 30,844.18 points. The Sharia-compliant index, EGX33 Shariah index, went down by ...