Poultry prices continue to rise in Egypt on October 19th

Arab Finance: Poultry prices in Egypt recorded another increase on Sunday, October 19th, extending the upward trend that began several days ago. The continued rise has left cosumers on edge amid daily price fluctuations across local markets....

Egypt: GB Corp rebounds from uptrend line as stock tests key resistance at $0.50

Cairo: GB Corp’s stock is currently trading within an uptrend extending back to 2024, maintaining its movement above the main trend line, according to Mubasher Research. This reflects the strength of the upward trend that has dominated the stock...

Egypt: Suez Canal Bank signs credit facility with Oliv

Egypt - Suez Canal Bank and Oliv have announced the signing of a credit facility agreement worth EGP 30m to finance small and medium-sized enterprises (SMEs). Oliv is the first Egyptian company licensed by the Financial Regulatory Authority (FRA)...

Egypt: EGX closes Sunday’s session in green zone

Arab Finance: The Egyptian Exchange (EGX) showed a positive performance on Sunday, with the EGX30 index rising by 0.62% to 37,909.61 points. The Sharia-compliant index, EGX33 Shariah, also climbed by 1.29% to 3,834.11 points. Likewise, the...

Study finds disparities in cancer research in India since 2001 despite economic growth

New Delhi: India had a largely inconsistent growth in clinical research related to cancer since 2001, despite a strong economic growth, suggesting that development could be a contributing factor towards disparities among the low and middle-income...

US-China trade war clouds economic outlook as ‘new normal’ emerges

WASHINGTON: International finance chiefs are returning home with a measure of relief over the surprising resilience of the global economy to the cascade of policy shocks through the first nine months of Donald Trump’s second US presidency but also...

Egyptian insurtech SehaTech raises $1.1mln in seed funding

Egyptian insurtech company SehaTech has raised $1.1m in a seed funding round to expand its AI-centred platform that streamlines and automates health insurance administration, the company announced on Sunday. The round was led by Ingressive...

Business Insights China is soaking up oil imports, and the US and Russia are reasons why

There is a mystery at the heart of the global oil market. China has soaked up a torrent of oil imports this year, filling tanks and underground caverns. Without this, prices would be much lower. But why is Beijing snapping up oil it doesn’t...

Gold prices in Egypt maintain gains on Sunday

Arab Finance: The gold prices in Egypt increased on Sunday, according to Dahab Masr’s data updated at 2:58 pm. The 24-karat gold price recorded EGP 6,598.2 per gram for buying and EGP 6,536.49 for selling, Meanwhile, the 21-karat gold price...

Trade Expo Indonesia 2025: Value of agreements surpass 1 billion USD

Jakarta (VNA) – Trade Expo Indonesia (TEI) 2025 has recorded impressive results in its first three days, reinforcing its status as the country’s largest trade promotion event, according to the Indonesian Ministry of Trade. Data from the ministry...

Forbes Global Properties discusses New Capital tower with El-Khatib, explores expansion in Egypt

Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib met with CEO of Forbes Global Properties Michael Jalbert to discuss cooperation on the Forbes International Tower in the New Administrative Capital and explore the company’s...

Egypt's Nanovate closes $2mln funding round to expand in Saudi, UAE

Cairo: Egypt’s AI startup Nanovate has raised $2 million in a pre-seed funding round led by a group of angel investors, according to a press release. The startup will use the new funding to expand in Saudi Arabia and the UAE, strengthen CRM and...

Visa to relocate regional digital sales center from Dubai to Cairo

Visa plans to relocate its regional digital sales center from Dubai to Cairo, leveraging Egypt's competitive advantage in terms of efficiency, operational costs, and technical infrastructure. The digital payment organization intends to scale...

Nigerian Banks Hold Their Ground: Strength, Resilience Amid Shifting African Banking Power

1 In the latest Africa’s Top 100 Banks 2025 ranking, Nigeria’s financial institutions have once again demonstrated their resilience in a rapidly evolving continental banking landscape. Despite the economic headwinds that have tested sub-Saharan...

Joseph Willah Mudolo Honoured for His Firm’s Role in Egypt’s $ 100 billion Projects

Joseph Willah Mudolo Honoured for His Firm’s Role in Egypt’s $ 100 billion Projects A Zambian businessman based in South Africa, Eillah Jospeh Mudolo was honored for joining forces with other international financial consulting firms for...

India-Egypt to unlock new avenues

Jaishankar (L) with Egyptian counterpart. The first India–Egypt Strategic Dialogue has paved the way for deeper bilateral cooperation across key emerging sectors, including electric vehicles, renewable energy, fintech, food security, and defence....

160 Artists Take Over Downtown Cairo for the Fifth Edition of Cairo International Art District

Art D’Égypte by Culturvator proudly inaugurated the fifth edition of the Cairo International Art District (CIAD) in the heart of Downtown Cairo, marking another milestone in Egypt’s thriving contemporary art scene. The 2025 edition unfolds with an...

National Bank of Egypt launches first branch in Saudi Arabia

Cairo: The National Bank of Egypt (NBE) has launched its business in Riyadh after receiving clearance from the Saudi Central Bank (SAMA) to operate in the kingdom, according to a press release. Mohamed El Etreby, the CEO of NBE, highlighted that...

Egypt warns instability could delay India–Europe transport corridor

Abdelatty discusses India–Middle East corridor, stresses peace as foundation for growthEgyptian Foreign Minister Badr Abdelatty said on Friday that progress on the India–Middle East Economic Corridor (IMEC) depends on resolving the Palestinian...

Swiss investments in Egypt reach $4.9bln: GAFI deputy chief

Egypt - Yasser Abbas, Deputy Chairperson of the General Authority for Investment and Free Zones (GAFI), reviewed Egypt’s recent investment reforms, highlighting the country’s progress in infrastructure development—including energy, highways, and...