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The European Union (EU) has provided Egypt with a grant of EUR 117.90 million to support the country’s water and energy sectors, the Minister of International Cooperation, Rania El-Mashat, announced.
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Tarek Shoukry — Head of the Real Estate Development Chamber at the Federation of Egyptian Industries and Undersecretary of the Housing committee at the House of Representatives — expects the coming…
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The Ordinary General Assembly of the Federation of Egyptian Banks approved the results of the candidacy for membership in the Federation’s Board of Directors on Sunday.
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EFG Hermes has announced the successful close of an EGP425 million ($22.4 million) securitized bond issuance for real estate powerhouse Pioneers Properties for Urban Development and its affiliates –…
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As part of Saib’s continued efforts to implement their expansion plan in various parts of the country, the bank recently opened a new branch in Shebin Al-Koum, Menoufiya, in accordance with the new…
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The Financial Regulatory Authority (FRA) is expected to diversity the activities of the non-banking financial sector, allowing the increase of non-traditional financing granted to EGP 820bn by 2026…
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Egypt’s economy is expected to increase gradually over the next three years, with inflation gradually falling from double digits and the pound weakening in the near-term, according to a Reuters poll…
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The Egyptian Cabinet has agreed to prepare both Wataniya Petroleum Company and the National Company for Producing and Bottling Water (Safi), the subsidiaries of the National Service Projects…
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Egyptian Minister of Tourism and Antiquities will launch an official website for the according to official statement.
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FMO, the Dutch entrepreneurial development bank, has signed a $10 million commitment to the second fund of Algebra Ventures, an Egyptian venture capital company.
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