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The Egyptian Natural Gas Holding Company (EGAS) plans to drill 13 exploration gas wells in the Mediterranean and the Nile Delta during fiscal year (FY) 2022/2023, the Chairman of EGAS, Magdy Galal,…
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The Suez Canal Authority (SCA) is studying selling shares in some of the companies it owns on Egypt’s stock exchange (EGX), authority chairman Osama Rabie told CNBC Arabia on Tuesday.
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The Federation of Egyptian Banks announced the issuance of a directive from the Central Bank of Egypt (CBE), excluding all incoming express mail shipments and shipments up to $5,000 or its equivalent…
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UAE Dragon Oil Company announced a new petroleum discovery in the Gulf of Suez in Egypt.
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Fawry Microfinance Company, a subsidiary of Fawry for Banking Technology and Electronic Payments, has provided loans exceeding EGP 1 billion since its establishment in 2018.
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Trade exchange between Egypt and Belgium increased 72 percent during the first 11 months of 2021, to reach $2 billion, compared to $1.2 billion during the same period in 2020,according to the Central…
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Commercial International Bank (CIB), Egypt’s leading private sector bank, announced a new restructuring of its retail products and services that are offered to different segments, individuals and…
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Egypt-based property firm Palm Hills Developments announced that its sales reached an all-time high last year, beating the previously announced target.
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The Central Bank of Egypt (CBE) decided this week to stop accepting documentary collection in the implementation of import operations and to work with documentary credits only.
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Fitch Solutions expected that Egypt’s exports of drugs will go up by 4.7% this year, the Cabinet Information and Decision Support Center (IDSC) said.
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