6+ day, 1+ 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…...

2+ week, 5+ day ago   (273+ words) Arab Finance: Italian energy company Eni plans to drill 30 exploration wells and 200 development wells in Egypt over the upcoming period as it intensifies its exploration and production activities for 2026 and 2027, as per a statement. The plans were reviewed during a…...

2+ week, 6+ day ago   (165+ words) Arab Finance: The US dollar regained some strength on Tuesday, August 25, as investors parsed Washington's expanded sanctions against Iran and renewed efforts to ease pressure on longer-dated treasury yields. US Treasury Secretary Scott Bessent unveiled an expansion of sanctions against…...

3+ week, 5+ hour ago   (93+ words) آراب فاينانس Arab Finance: The dollar hovered near multi-month lows on Monday, August 24, as markets were unsettled by the US Treasury's plan to buy back more long-dated bonds, while international traders awaited details of sanctions on Iran and policy speeches…...

3+ week, 1+ day ago   (154+ words) Arab Finance: Egypt’s Ministry of Investment and Foreign Trade has allowed the export of all types of sugar through the end of 2026, limited to quantities exceeding domestic market requirements. Under Ministerial Decree No. 325 of 2026, issued in the Egyptian Gazette, the…...

3+ week, 1+ day ago   (514+ words) Arab Finance: The Egyptian consortium of Arab Contractors and Elsewedy Electric on August 22 marked the official opening of the Julius Nyerere Hydroelectric Power Project on Tanzania’s Rufiji River, a $2.9 billion project implemented for Tanzania Electric Supply Company (TANESCO), as per…...