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Egypt’s state-owned lender, Banque du Caire (BdC)announced that it has seen  a 6 percent year-on-year growth in standalone pre-tax profit for the first half of the year.
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Egypt's Prime Minister Mostafa Madbouly has followed up on the steps taken to implement a decision to exempt the importers of production equipment from having to use the Central Bank of Egypt’s (CBE)…
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Egypt is set to start in 2023 the experimental operation of a new spinning factory, described by the government as the world's largest factory, located in the Nile Delta’s El-Mahalla city, according…
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Production index of manufacturing and extractive industries (excluding crude oil and petroleum products) rose 6.56 percent in June on a monthly basis, recording 119.38 (primary), compared to 112.3 in…
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Elsewedy Electric Co announced that its 99.80%-owned subsidiary, El Sewedy Electric for Trading and Distribution, has signed two new contracts with the Egyptian Electricity Transmission Company.
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Societe Arabe Internationale De Banque (SAIB) has completed selling its 8.53% stake in Pyramids Paper Mills (Flora) for EGP 3.85 million.
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Prime Minister Mostafa Madbouly told his Japanese counterpart Fumio Kishida on Saturday that the establishment of a Japanese economic zone in the the Suez Canal Economic Zone (SCZone) can serve as a…
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Japan pledged $30 billion in aid for development in Africa, saying it wants to work more closely with the continent, with the rules-based international order under threat after Russia's invasion of…
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Rami El Dokany (LinkedIn) has been named head of the EGX for a one-year term by Prime Minister Mostafa Madbouly, according to a cabinet statement.
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Egypt’s external debt registered $157.8bn in March 2022, up by about $19.9bn, compared to June 2021.
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