Arab Finance: Foreign currency deposits in Egypt's banks, excluding the Central Bank of Egypt (CBE), increased by 15.2% in 2024, reaching $58.17 billion by the end of December, according to the CBE.

Arab Finance: The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IsDB), has signed the 2025 Country Work Program for ...

Arab Finance: The Egyptian Exchange (EGX) showed a varied performance on Wednesday, with the EGX30 index rising by 0.23% to 29,735.59 points. Both the small- and mid-cap EGX70 equal-weight index (EWI) ...

Arab Finance: The Dubai Financial Market Index (DFMI) increased by 14.154%, or 650.3 points, to close Thursday’s trading session at 5,244.83 points. Meanwhile, the FTSE ADX General Index (FADGI) of ...

Arab Finance: The Tadawul All Share Index (TASI) of the Saudi Exchange rose by 0.15% on Thursday, closing at 12,433.58 points, slightly up from 12,414.40 points in the previous session. The session ...

Arab Finance: A banking consortium, led by Banque du Caire and comprising Al Baraka Bank Egypt and SAIBANK, has arranged a $75 million syndicated loan to Cheiron Egypt, an arm of the global oil and ...

Arab Finance: Boursa Kuwait's indices ended Wednesday's session with a varied performance. The Premier Market Index declined 9.52 points, or 0.11%, to close at 8,442.90 points. The Main Market Index ...

Arab Finance: The Dubai Financial Market Index (DFMI) increased by 13.821%, or 633.72 points, to close Wednesday’s trading session at 5,218.93 points. Meanwhile, the FTSE ADX General Index (FADGI) of ...

Arab Finance: RMBV, a Netherlands-based private equity firm, is planning to invest $100 million in Egypt this year through acquiring 20% to 40% stakes in four to five companies, Managing Partner Ahmed ...

Arab Finance: First Abu Dhabi Bank Misr (FABMISR) reported a 153% year-on-year surge in 2024 net profits, registering EGP 26.3 billion, up from EGP 10.4 billion in 2023, according to an emailed press ...

Arab Finance: Abu Qir Fertilizers and Chemicals Industries Company (ABUK) recorded an annual jump of 11.89% in standalone net profit after tax during the first half (H1) of fiscal year (FY) 2024/25, ...