Arab Finance: The Egyptian Competition Authority (ECA) has approved seven significant acquisition deals, allowing domestic and international companies to invest in various local sectors, as per a ...

Arab Finance: QatarEnergy has signed an agreement with Chevron to acquire a 23% stake in the North El-Dabaa (H4) block, located in Egypt’s Mediterranean Sea, according to a press release. Under the ...

Arab Finance: The Insurance Federation of Egypt (IFE) has signed three separate memoranda of understanding (MoUs) with each of Egypt Post, e-Finance, and the General Arab Insurance Federation (GAIF) ...

Arab Finance: The Egyptian Ministry of Electricity and Renewable Energy has introduced tariffs for solar energy produced and stored with battery systems, marking a key step in supporting renewable ...

Arab Finance: Beltone Holding has successfully wrapped up its first AI Hackathon, in collaboration with the Mathematics, Actuarial, and Data Science Association (MADS) at the American University in ...

Arab Finance: Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir met with Akgun Okay, the CEO for the Middle East and China at the wood ...

Arab Finance: Egypt has scaled back its liquefied natural gas (LNG) imports at the Ain Sokhna regasification terminal, east of Cairo, by about a third to around 500 million cubic feet per day, an ...

Arab Finance: Holding Company for Food Industries (HCFI) has announced the continued supply of Turkish eggs in consumer cooperative stores at a price of EGP 150 per carton, according to a statement by ...

Arab Finance: The Egyptian government has paid $1 billion of its outstanding $2 billion dues to foreign oil companies, an unnamed official told Asharq Business. This payment is part of the country’s ...

Arab Finance: The board of directors of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) has approved to receive a seven-year subordinated financing of $66.925 million from the UAE’s ADIB, according to a ...

Arab Finance: Egypt’s Ministry of Petroleum has inked a memorandum of understanding (MoU) with UAE-based Dragon Oil to integrate advanced artificial intelligence (AI) in the management of oil ...

Arab Finance: The Egyptian government is close to signing an agreement with a Chinese firm to establish a car tires manufacturing factory in the Suez Canal Economic Zone (SCZONE), with initial ...