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...

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...

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...

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...

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...

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...

Vietnamese firms strengthen partnerships at 2025 Trade Expo Indonesia

Jakarta (VNA) — Vietnamese businesses actively engaged with international partners at the 2025 Trade Expo Indonesia (TEI), particularly during the Vietnam–Indonesia Business Forum. Jenal, Sales Director for Indonesia at FPT Group, said the...

Egypt exports top $30bn in seven months

Egypt’s exports rose to $29.9 billion during the first seven months of 2025, up 17.3 per cent compared with the same period last year, according to official data. The growth was largely driven by higher shipments of manufactured and...

Egypt Seeks To Strengthen Economic, Trade, And Investment Relations With Greece: Finance Minister

(MENAFN- Daily News Egypt) Egypt's Minister of Finance, Ahmed Kouchouk, affirmed the country's commitment to strengthening bilateral cooperation with Greece, focusing on the exchange of expertise and policy dialogue in fiscal management, tax and...

Central Bank of Egypt attributes inflation slowdown to easing food prices for fourth consecutive month

Egypt’s annual urban headline inflation declined to 11.7% in September 2025, down from 12% in August, marking the fourth consecutive month of moderation, according to the Central Bank of Egypt (CBE). This deceleration was primarily driven by a...

Egypt offers land in US dollars to attract foreign investment, boost currency reserves

Egypt’s Cabinet has approved a new policy to allocate land plots priced in US dollars for both foreign investors and Egyptians abroad, aiming to attract hard currency and strengthen the country’s investment climate. The initiative is part of a...

Israel, Hamas trade blame as bloodshed clouds Gaza peace bid

Israel launched strikes against Hamas in Gaza and reportedly suspended all aid shipments on Sunday after blaming Hamas for a lethal Palestinian ambush that left two soldiers dead. The Israel Defense Forces said it responded to “blatant violation...

Dubai's Emirates NBD to buy 60% stake in India's RBL Bank for $3bln

MUMBAI/DUBAI - Middle Eastern bank Emirates NBD will buy a 60% stake in Indian private lender RBL Bank for $3 billion, in the largest cross-border acquisition in India's financial sector. Emirates NBD will invest 268.53 billion Indian rupees...

Mideast Stocks: Saudi bourse ends 4-day winning streak on weak oil; Egypt hits record high

Saudi Arabia's stock market closed lower on Sunday, snapping a four-session winning streak due to soft oil prices, while Egypt's index reached a fresh all-time high. Saudi Arabia's benchmark index eased 0.1%, dragged lower by a 0.6% fall in Al...

Egyptian insurtech SehaTech raises $1.1m 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...

Egypt launches project to upgrade export environment, streamline port procedures

Finance Minister Ahmed Kouchouk and Minister of Investment and Foreign Trade Hassan El-Khatib have announced the launch of a new project to modernise the work environment for export procedures at Egyptian ports. The initiative involves...