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News
Egypt targets South African investment, African export hub role
1+ day, 9+ hour ago (157+ words) Arab Finance: Minister of Investment and Foreign Trade Mohamed Farid participated in the Bloomberg NBEF Academy in South Africa and met with senior executives from South African companies to discuss investment and expansion opportunities in Egypt, as per a statement....
Arab Finance - Poultry, meat, dairy products climb on September 10
4+ day, 4+ hour ago (79+ words) Arab Finance: The Information and Decision Support Center (IDSC) announced the prices of white poultry, meat, and dairy products as registered on Thursday, September 10. The price of white poultry stood at EGP 78.9 per kilogram, reflecting a daily rise of 1.5%. Meat…...
Elon Musk???s Boring Company raises $3B in Series D round led by UAE investors
4+ day, 3+ hour ago (216+ words) Elon Musk’s Boring Company raises $3B in Series D round led by UAE investors آراب فاينانس Elon Musk’s Boring Company raises $3B in Series D round led by UAE investors Arab Finance: The UAE and affiliated investment entities have led a $3 billion…...
Prices of food commodities, vegetables mixed on September 10
4+ day, 3+ hour ago (98+ words) Arab Finance: Basic commodities and vegetables experienced varied movements on Thursday, 10 September, according to the Information and Decision Support Center (IDSC). The price of packaged rice hit EGP 34.8 per kilogram, down 0.6% daily. Packaged flour was priced at EGP 25.8 per kilogram,…...
Rohan Fernandes appointed as General Motors Egypt???s Chairman, Managing Director
6+ day, 2+ hour ago (291+ words) Arab Finance: General Motors Egypt and Africa announced the appointment of Rohan Fernandes as chairman and managing director of GM Egypt and Africa, according to an emailed press release. Fernandes joined GM in 2016 and has held senior leadership roles across…...
Madbouly inaugurates BeiXin Taishan Egypt???s $10M building materials factory in Sokhna
1+ week, 1+ day ago (215+ words) Arab Finance: Egyptian Prime Minister Mostafa Madbouly inaugurated BeiXin Taishan Egypt Building Materials Technology’s $10 million factory in the Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZONE), as per a statement. The factory spans 20,000 square meters, has an…...
Gold prices slightly up on August 31
2+ week, 2+ hour ago (83+ words) آراب فاينانس Gold prices slightly up on August 31 Arab Finance: Gold prices in Egypt went up on Monday, August 31, with the international ounce recording $4,459.2 for buying and $4,458.7 for selling. Based on Dahab Masr data at 3:15 PM, the 21-karat gold increased…...
TAQA Arabia enters Jordan with 14-kilometer gas pipeline project
2+ week, 1+ day ago (168+ words) Arab Finance: Egypt-based integrated energy services company TAQA Arabia has entered the Jordanian market with a project to supply natural gas to Al-Rawdah Industrial City in the Ma’an Development Area, as per an emailed press release. TAQA Arabia will construct…...
Gold prices stable on August 30
2+ week, 1+ day ago (83+ words) آراب فاينانس Gold prices stable on August 30 Arab Finance: Gold prices in Egypt maintained their stability on Sunday, August 30, according to Dahab Masr data at 3:24 PM. The 21-karat gold amounted to EGP 6,335.3 for buying and EGP 6,269.35 for selling. Meanwhile, the…...
Arab Finance - Aspire Capital H1 2026 consolidated profit soars 216.46% YoY
2+ week, 1+ day ago (113+ words) Arab Finance: Aspire Capital Holding for Financial Investments registered consolidated net profit attributable to the holding company of EGP 74.772 million in the first half (H1) of 2026, 216.46% year-on-year (YoY) higher than EGP 23.627 million, according to the financial results. Operating revenues hiked to…...