Arab Finance: The Suez Canal Economic Zone Authority (SCZONE) achieved total revenues of EGP 6.25 billion during the July-November 2025 period, an annual hike of 55% from EGP 4 billion, according to a ...
Arab Finance: The Ministry of Petroleum and Mineral Resources inked two memoranda of understanding (MoUs) to provide technical expertise to the Syrian energy sector, according to a statement. The MoUs ...
Arab Finance: Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), inked a contract with Turkish company Eroglu Moda Tekstil San Ve Tic S.A. to establish ...
Arab Finance: The headline seasonally adjusted Purchasing Managers’ Index (PMI) of Egypt declined to 50.2 in December 2025 from 51.1 in November, yet still above the 50.0 no-change mark for the second ...
Arab Finance: Prime Minister Mostafa Madbouly has appointed Mohamed El Gawsaky as the CEO of the General Authority for Investment and Free Zones (GAFI) for a one-year term, according to a statement.
Arab Finance: Egyptian fintech company Fawry has partnered with e-commerce platform Talabat to provide health insurance coverage for more than 800 delivery drivers through Fawry’s “Your Health, Fawry” ...
Arab Finance: The Financial Regulatory Authority (FRA) has launched the first integrated digital payments network in the non-banking financial sector’s history, according to a statement. In line with ...
Arab Finance: Dana Gas has received a $50 million (AED 184 million) payment from the Egyptian government, significantly reducing overdue receivables, according to a press release. This move ...
Arab Finance: Remittances from Egyptians working abroad increased by 42.5% year on year (YoY) to about $37.5 billion in the first 11 months of 2025, according to a statement issued by the Central Bank ...
Arab Finance: Egypt-based education startup Business For Teens has pocketed a six-figure pre-seed funding round to support its expansion across Egypt and the GCC, as per an emailed press release on ...
Arab Finance: Egypt-based financial technology company valU has received final approval from the Central Bank of Jordan to launch its services in Jordan under a Specialized Finance license, enabling ...
Arab Finance: Al-Ahly Pharos Investment Banking, the investment banking arm of the National Bank of Egypt (NBE), acted as financial advisor, transaction lead arranger, underwriter, and book-runner for ...