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The Central Bank of Egypt (CBE) decided to extend the exclusion period for rice, lentils, and beans from their 100% cash cover for another year, ending 15 March 2023.
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Deputy Governor of the Central Bank of Egypt (CBE) Gamal Negm said that the bank is well aware of the importance of small and medium enterprises (SMEs) in achieving the country’s desired economic…
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The Egyptian economy has shown resilience in the face of the crises that have swept the entire globe over the past two years, affirmed Vice President for Policy and Partnerships at the European Bank…
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The Board of Directors of Abu Qir Fertilisers and Chemical Industries agreed to study the establishment of a project to produce hydrogen and green ammonia in coordination and cooperation with French…
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London-based Capital Economics expected that the Central Bank of Egypt (CBE) to raise the interest rates by 50bp, to 8.75 percent, at its Monetary Policy Committee’s (MPC) meeting during March.
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Egypt’s food industry exports to Russia and Ukraine in 2021 amounted to about $67 million, representing 1.68 percent of the total Egyptian food exports amounting to $4.1 billion at the end of 2021.
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Egypt's annual inflation rate jumped to 10% in February 2022, compared to 4.9% in the same month in 2021, according to the latest data by the Central Agency for Public Mobilization and Statistics…
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EFG Hermes Corp-Solutions, a leasing and factoring subsidiary of EFG Hermes Holding, announced on Wednesday that it has signed a sale and leaseback agreement amounting to EGP 600m with LMD to finance…
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Egypt stressed the importance of implementing President Abdel Fattah El Sisi's directives to promote joint cooperation with African brethren in all industrialization fields, according to Head of the…
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Africa is expected to move toward regional integration through the African Continental Free Trade Area (AfCFTA) in order to create new opportunities for the companies and diversify African exports,…
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