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Egypt’s central bank has on Thursday surprisingly  decided to keep its key interest rates unchanged for the second policy meeting in a row, confounding economists who had forecast it would raise them.
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Egypt’s President, Abdelfattah El-Sisi, has issued a decree to appoint Hassan Abdalla as an Acting Governor of the Central Bank of Egypt (CBE). 
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Newly appointed Minister of Trade and Industry Ahmed Samir expressed his keenness to advance industry and foreign trade sectors and to move forward with all files managed by the ministry in a way that…
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President Abdel Fattah El-Sisi accepted on Wednesday the resignation submitted by the Governor of the Central Bank of Egypt (CBE) Tarek Amer and appointed him as a presidential adviser, according to a…
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The consolidated net profits of e-finance For Digital and Financial Investments skyrocketed by 76.50% year-on-year (YoY) in the first half (H1) of 2022 to EGP 486.52 million, compared to EGP 275.56…
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The net profit of Emaar Misr for Development increased 1.32x during the first half (1H) of this year, to reach EGP 3.08bn compared to EGP 1.33bn in 1H 2021.
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The Agricultural Bank of Egypt (ABE) and the Faiyum Sugar Works Company signed a cooperation protocol to finance sugar beet farmers in Fayoum governorate. The protocol represents a…
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The Central Bank of Egypt (CBE) revealed on Monday that foreign clients’ investments in local treasury bills increased to the equivalent of about EGP 157.057bn by the end of June 2022, compared to…
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The consolidated net profits of Fawry for Banking Technology and Electronic Payments fell by 28.5% on an annual basis during the first half (H1) of 2022 to EGP 98.04 million, compared to EGP 137.15…
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Suez Canal Bank posted a net profit of EGP 267.83 million during the first half (H1) of 2022, up from EGP 240.83 million in the corresponding period in 2021
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