Arab Finance: The Egyptian government is set to impose a value-added tax (VAT) on sugar as of the next fiscal year (FY) 2025/2026, according to the analytical financial statement for the FY 2025/2026 ...

Arab Finance: The National Bank of Egypt (NBE) will stop issuing certificates of deposit (CDs) with a 27% return starting next Sunday, April 27th, according to the bank’s CEO Mohamed El-Etreby.

Arab Finance: The Tadawul All Share Index (TASI) of the Saudi Exchange closed Tuesday’s trading session higher by 37.74 points or 0.33%, at 11,586.40 points, compared to 11,548.66 points in the ...

Arab Finance: In a time where digital transformation is redefining economies, Egypt stands at the cusp of a technological renaissance. At the forefront of this evolution is Microsoft Egypt, whose ...

Arab Finance: Egyptian President Abdel Fattah El-Sisi has directed various entities and authorities to replace the fees they charge with a single unified additional tax on net profit, Spokesman for ...

Arab Finance: The Egyptian Exchange (EGX) showed a varied performance on Tuesday, with the EGX30 falling by 0.70% to 30,844.18 points. The Sharia-compliant index, EGX33 Shariah index, went down by ...

Arab Finance: The Egyptian Mineral Resources Authority (EMRA) and AngloGold Ashanti penned a model agreement to exploit gold ore and associated minerals in certain areas of Egypt’s Eastern Desert, ...

Arab Finance: The All Share Index of the Bahrain Bourse declined by 0.14% on Tuesday, ending the trading session at 1,892.49 points. A total of 2.892 million shares were traded during the session at a ...

Arab Finance: The Dubai Financial Market Index (DFMI) closed Tuesday’s trading session lower by 1.645%, or 85.86 points, at 5,134.4 points. On the other hand, the FTSE ADX General Index (FADGI) of the ...

Arab Finance: The General Authority for Investment and Free Zones (GAFI) participated in the international conference on state dispute management and prevention, held in the Moroccan capital of Rabat, ...

Arab Finance: The US dollar rate against the Egyptian pound registered EGP 50.99 for buying and EGP 51.09 for selling at the National Bank of Egypt (NBE) on Tuesday at 3:42 pm. At Banque Misr, the ...

Arab Finance: Boursa Kuwait's indices showed a negative performance on Tuesday, with the Premier Market Index losing 28.83 points, or 0.34%, ending the session at 8,394.24 points. The Main Market ...