With the approach of Eid El-Fitr, sugar consumption in Egypt typically rises as households prepare traditional sweets, particularly cookies (kahk). At the same time, the Egyptian government has ...
Arab Finance: Egypt's annual core consumer price index (CPI) inflation hit 12.7% in February 2026, compared to 11.2% in January, according to the Central Bank of Egypt’s (CBE) data. The monthly core ...
Arab Finance: EGYPTAIR reduced the number of daily flights to Dubai to one instead of two, effective from March 15 th, until further notice, according to an official statement This move comes in ...
Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi and TotalEnergies followed up on the latest updates regarding the connection of the Cronos gas field to the Egyptian ...
Arab Finance: Edita Food Industries (EFID) reported consolidated revenues of EGP 20.9 billion in 2025, marking a 29.5% year-on-year (YoY) increase driven by stronger volumes, improved product mix, and ...
Arab Finance: Talabat Holding’s board has recommended a share buyback program of up to 5% of the company’s issued share capital, according to a press release. The program will be executed over two ...
Arab Finance: Amazon.eg will launch its Eid Sale from March 10th to 16th, offering hundreds of thousands of deals across top categories from local and international brands, providing customers with ...
Arab Finance: The second week of March saw a series of developments that continue to shape Egypt’s economic landscape, most notably the Ministry of Petroleum and Mineral Resources' decision to adjust ...
Eid El-Fitr sparks an annual "Eid clothes" shopping frenzy that consistently boosts production and retail sales, demonstrating how Egypt's garment industry thrives on tradition. Yet beneath this ...
Arab Finance: Orascom Development Egypt (ORHD) posted a 78.53% climb in its consolidated net profits after minority interest, recording EGP 5.549 billion during 2025, compared to EGP 3.108 billion in ...
Arab Finance: Cypriot natural gas from the Cronos field is expected to be connected to Egypt’s infrastructure and processing and liquefaction facilities by 2027, Minister of Petroleum and Mineral ...
Arab Finance: Juhayna Food Industries participated in the ‘She Can’ Summit, a prominent event in support of female entrepreneurs and owners of SMEs in Egypt and the Arab world, as per an emailed press ...