Arab Finance: Egypt is probing yacht tourism development with Saudi Arabia, Asharq Business reported, citing Minister of Tourism and Antiquities Sherif Fathi. Over the next five years, the government ...

Arab Finance: Egypt is seeking to offer additional stakes in Egypt Aluminum and Egyptian Chemical Industries (KIMA) on the Egyptian Exchange (EGX), Asharq Business reported, citing Minister of Public ...

Arab Finance: Egypt's renewable energy capacity, spanning wind, solar, and hydropower, is expected to increase to 8,097 megawatts by next summer, Minister of Electricity and Renewable Energy Mahmoud ...

Arab Finance: Qalaa Holdings’ consolidated net profits attributable to the parent company surged by 9,780.6% year on year (YoY) in the first quarter (Q1) of 2024 to EGP 7.217 billion, compared to EGP ...

Arab Finance: A total of 14 projects have been registered in Egypt's voluntary carbon market, Chairman of the Egyptian Financial Regulatory Authority (FRA) Mohamed Farid announced during a meeting ...

Arab Finance: Atlas for Investment and Food Industries (AIFI) recorded consolidated net losses attributable to the parent company of EGP 1.594 million during the first half (H1) of 2024, compared to ...

Arab Finance: Hassan Allam Properties (HAP) invested up to EGP 5 billion in real estate projects in Egypt in 2024, the company’s CFO Ahmed Nour-Eldin told Asharq Business. Nour-Eldin expects the ...

Arab Finance: The Egyptian Customs Authority (ECA) has collected up to EGP 1.1 billion so far from illegal owners of cars for people with special needs since June, ECA’s Chairman El-Shahat Ghattori ...

Arab Finance: The Egyptian government is planning to reduce the area allotted for rice cultivation in the country by around 32% to 750,000 feddans as of May 2025 from 1.1 million feddans in the ...

Arab Finance: The property technology company Nawy is planning to boost its real estate sales by over 200% year on year (YoY) in 2024, the company’s co-founder and CMO Abdel-Azim Osman told Asharq ...

Arab Finance: PROPTEX, the first proptech acceleration program in the MENA region focused on sustainability and smart cities, has partnered with Cityscape to host the Egypt PropTech Challenge 2024, as ...

Arab Finance: The Ministry of Finance is working on accelerating the process of refunding the value-added tax (VAT) at all the country’s offices under the new tax facilities package, Deputy Minister ...