Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib has chaired a board meeting to discuss the export burdens refund program’s budget for fiscal year (FY) 2025/2026, according to a ...

Arab Finance: The General Authority for the Suez Canal Economic Zone (SCZONE) signed an agreement with the Chinese producer of lighting and electrical equipment WINPEX to develop a project in the Ain ...

Arab Finance: The Egyptian Cabinet at its latest meeting, chaired by Prime Minister Mostafa Madbouly, approved the draft budget for fiscal year (FY) 2025/2026, with revenues estimated at EGP 3.1 ...

Arab Finance: The Suez Canal Authority (SCA) and A.P. Moller-Maersk Group signed a partnership agreement for the return of Maersk-affiliated container vessels through the Suez Canal in early December, ...

Recently, Egypt’s House of Representatives passed long-awaited amendments to the old rent law. The bill, ratified by President Abdel-Fattah El- ...

Arab Finance: Egypt and Azerbaijan signed a protocol agreement, covering 12 priority economic and development sectors, according to a press release. Minister of Planning, Economic Development, and ...

Arab Finance: Remittances from Egyptians working abroad jumped to $30.2 billion in the first nine months of 2025, according to the Central Bank of Egypt (CBE) data. The CBE highlighted that this ...

Arab Finance: Minister of Trade and Investment Hassan El Khatib met with several ceramic manufacturers to discuss the future of Egypt's ceramic industry and address potential obstacles with relevant ...

Arab Finance: The Ministry of Petroleum and Mineral Resources has announced a new oil discovery in the Gulf of Suez, achieved by the Gulf of Suez Petroleum Company (GUPCO), according to a statement.

Arab Finance: Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, and Thailand’s Minister of Commerce, Pichai Nariptavan, signed a memorandum of understanding (MoU) to establish a ...

Arab Finance: Abu Soma Touristic Development Company (ASDC), developer of Somabay hotels, is planning to inaugurate two new hotels within the coming two years, with around EGP 1.6 billion worth of ...

Arab Finance: India-based TCI Sanmar Chemicals is planning to invest over $300 million in the Egyptian market to scale up its production capacity of polyvinyl chloride (PVC), as per a statement. The ...