}

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From Fragmentation to Scale: Egypt’s Marble and Granite Industry

Egypt’s marble and granite sector, long a fragmented collection of small-scale workshops, is now undergoing a transformative pivot. Production is being pushed into organized, high-efficiency industrial zones as part of a government strategy to position the industry as a key pillar of the national export economy. In this context, Egypt is banking on industrial clustering to propel its global competitiveness through the concentration of resources, infrastructure, and specialized labor in hubs such as Shaq Al-Taaban, Galala, and Aswan.

Updated 35m3h
GRANITE: Bridging Egypt’s "CashTech" gap through digitally-native Money Market Accounts

Arab Finance Interview with Hisham Akram, Founder and CEO of GRANITE Financial Holding

Updated 4/16/2026 11:59:00 AM
Egypt targets $1B annual marble, granite exports

Minister of Industry Khaled Hashem emphasized the government's commitment to supporting the marble and granite industry, while increasing exports to $1 billion annually.

Updated 4/1/2026 10:22:00 AM
Granite Financial gets FRA's nod to launch USD-denominated fixed-income fund

Granite Financial Holding, a digitally-enabled asset management company, has obtained the Financial Regulatory Authority's (FRA) approval to launch a new USD-denominated fixed income fund.

Updated 3/9/2026 1:24:00 PM
Granite gets fintech license from FRA; to launch Egypt's 1st fully digital money market account

The Financial Regulatory Authority (FRA) has granted a fintech license to Granite Financial Holding, a digitally-enabled asset management company.

Updated 1/18/2026 11:34:00 AM