Arab Finance: PepsiCo Egypt has appointed Karim Khedr as its new Chairman and Managing Director, according to an emailed press release. Khedr will lead the company’s next phase of growth and ...

Arab Finance: The Egyptian Exchange (EGX) closed Sunday’s trading session with a positive performance, with the EGX30 index up by 1.49% to 30,443.82 points. Likewise, the Sharia-compliant index, EGX33 ...

Arab Finance: The All Share Index of Bahrain Bourse (BHB) rose 0.12% on Sunday, closing the trading session at 1,893.88 points, versus 1,891.6 points on Thursday. A total of 1.010 million shares were ...

Arab Finance: Boursa Kuwait's indices ended Sunday's session with mixed results. The Premier Market Index added shed 0.69 points, or 0.01%, to close at 8,567.87 points. The Main Market Index ended the ...

Arab Finance: Eastern Company logged 86% year-on-year (YoY) higher net profits after tax at EGP 5.382 billion in the first half (H1) of fiscal year (FY) 2024/25, the financial results showed. The net ...

Arab Finance: Cairo for Investment and Real Estate Development (CIRA Education) plans to submit a mandatory tender offer (MTO) to acquire up to 90% of the issued share capital of Cairo for Educational ...

Arab Finance: Alexandria Spinning and Weaving Company (Spinalex) posted 94% year-on-year (YoY) lower net profits after tax at EGP 4.152 million in the first half (H1) of fiscal year (FY) 2024/25, as ...

Arab Finance: Cleopatra Hospital Group has executed an agreement to extend Cleopatra October Hospital (Haven) by adding around 200 beds through a build-to-suit lease, according to a statement. The ...

Arab Finance: Gold prices in Egypt recorded a collective drop on Sunday, with the 24-karat declined to EGP 4,640 per gram for buying and EGP 4,668.5 for selling, iSagha’s data showed. Likewise, the 22 ...

Arab Finance: The US dollar exchange rates against the Egyptian pound recorded EGP 50.57 for purchasing and EGP 50.67 for selling at the National Bank of Egypt (NBE) on Sunday at 2:29 pm. At Banque ...

Arab Finance: Dana Gas, a UAE-based energy company, is set to resume its drilling activity in Egypt starting March, following the receipt of overdue payments from the Egyptian General Petroleum ...

Arab Finance: Cairo National for Investment and Securities posted consolidated net profits attributable to the parent company worth EGP 4.129 million in 2024, an annual plunge of 57.81% from EGP 9.786 ...