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Housing and Development Bank (HD Bank) logged standalone net profits of EGP 1.001 billion in the first half (H1) of 2021, up by 0.1% from EGP 1 billion in H1-20, the unaudited financial results…
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Egypt’s unemployment rate eased to 7.3 percent in the second quarter of the year from 7.4 percent in the first quarter, state statistics agency CAPMAS said on Sunday.
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Tanmeyah Microenterprise Services has signed an agreement with Banque Misr to issue prepaid cards powered by the national payment network “Meeza” for Tanmeyah customers.
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Mountain View has launched a new phase of iCity New Cairo over an area of 100 feddans in partnership with the Egyptian Ministry of Housing with investments worth EGP 8 billion.
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Egyptian investment bank Beltone Financial Holding have turned profitable in the first half of the year, reporting on Wednesday a net profit of 8.54 million Egyptian pounds ($542,757) as surging…
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The Egyptian Gulf Bank (EG Bank) achieved a consolidated net profit of EGP 320.2 million in the first half (H1) of 2021, higher by 5% than EGP 304.74 million in H1-20, including minority rights.
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The National Bank of Ethiopia asked all commercial banks to temporarily suspend providing loans backed by collateral, such as land and buildings.
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Exports of ready-to-wear garments increased during the first half of this year by 48%, to record $918 million, compared with $630 million during the same period last year.
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The ongoing portfolio of cooperation with China amounts to $1.8 billion, according to Ministry of International Cooperation.
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Egypt's exports of agricultural crops increased by 10% year-on-year (YoY) to $2.215 billion in the first 10 months of the 2020/2021 season, compared to $2.013 billion.
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