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The consolidated net profits of Edita Food Industries jumped by 57% year-on-year (YoY) to EGP 162.42 million in the first quarter (Q1) of 2022, compared to EGP 103.48 million, according to the…
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Japan would like to strengthen the relations with the Suez Canal Economic Zone (SCZONE), that is considered a Economic Hub for international maritime transport and a main gateway to the African…
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Credit Agricole Egypt recorded a 29.86% year-on-year (YoY) increase in the consolidated net profits to EGP 491.54 million in the January-March period of 2022 from EGP 378.52 million, according to the…
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The International Chamber of Shipping (ICS) and Egypt’s Suez Canal Authority (SCA) signed a memorandum of understanding (MoU) covering key issues impacting international ship owners and operations of…
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HC Securities & Investment expects the Egyptian Central bank to increase interest rates by 200 bps based on Egypt’s current situation.
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The National Bank of Egypt (NBE) — as the first major arranger and financing agent — led a banking alliance to provide long-term syndicated financing totaling EGP 12.5bn for the Canal Sugar Company.
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The Central Bank of Egypt (CBE), in collaboration with the Ministry of Finance, has replaced 4.1 out of 4.3 million payroll slips for state-employees with Meeza cards, the bank announced.
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valU Consumer Finance (valU), a fully-owned subsidiary of EFG Hermes Holding entered into an agreement with Amazon for the Provision of Consumer Financing by valU as a Payment Method on amazon.eg…
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Emirates Telecommunications Group Company bought a 9.8% stake in Vodafone Group Plc for $4.4 billion as the Middle Eastern technology provider seeks to expand globally.
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Egypt’s Minister of Communication and Information Technology Amr Talaat has received on Saturday STMicroelectronics’ executive vice president Ricardo De Sa Earp to discuss the company’s investment…
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