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Saudi Arabia has deposited $3 billion in Egypt’s central bank, the state-run Saudi Press Agency reported on Wednesday.
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The Egyptian Exchange (EGX) has announced an EGP 1.05 billion block deal on the shares of Fawry for Banking Technology and Electronic Payments.
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Banque du Caire has become an official Signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through a partnership between banks…
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Egypt’s biggest state lender, the National Bank of Egypt (NBE) has raised 200 billion Egyptian pounds ($10.9 billion) from the high-yielding savings certificates it introduced nine days ago, deputy…
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Egypt’s second-largest state lender Banque Misr has collected 87 billion pounds ($4.75 billion) from the high-yielding savings certificates it introduced eight days ago, said chairman Mohamed…
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Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) said on Monday it plans to hike its issued and paid-up capital to 5 billion Egyptian pounds ($273.2 million) at the end of next August.
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Egypt has lowered its GDP forecast in 2022 to around 5.7 percent from 6.4 percent due to the effects of Russia’s war in Ukraine, planning minister announced
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Egypt signed a loan agreement with the French government for EUR 776.9 mn to fund the 55 new trains for Cairo Metro Line 1 being supplied by French manufacturer Alstom, according to a cabinet…
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The European Investment Bank (EIB) is currently on an official visit to Egypt, where the bank’s delegation will meet with a number of ministers and officials of the Egyptian government to discuss…
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Egypt is preparing an initiative to develop energy transition in Africa – supplying energy from renewable sources – in cooperation with the African Union and African energy ministers, to be launched…
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