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: 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: 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 ...

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'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: CI Capital Holding for Financial Investments (CICH) recorded consolidated net profits attributable to the equity holders of EGP 1.613 billion in 2025, the financial results showed. The ...

Arab Finance: The exchange rate between the USD and EGP hit EGP 50.05 for buying and EGP 50.15 for selling at Banque Misr due to regional tensions and economic factors. At the National Bank of Egypt ...

Arab Finance: The Egyptian government explored ways to boost coordination with the local and foreign sector players and support the expansion of the automotive industry, according to a statement.

Arab Finance: McDonald’s Egypt, operated by Manfoods, has launched its 2026 Ramadan campaign under the slogan “McDonald’s at the Heart of Every Gathering,” as per an emailed press release. The ...

Arab Finance: Capgemini has entered a strategic partnership with OpenAI aimed at accelerating enterprise adoption of artificial intelligence through Frontier, OpenAI’s new platform for building, ...

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 ...