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EFG Hermes announced that its investment banking division successfully concluded advising Auf Group’s founders and Tanmiya Capital Ventures (TCV) on the entry into a strategic transaction concerning…
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Minister of Finance Mohamed Maait assured that the government has allocated EGP 1.1 billion in the new budget to establish utilities for 13 industrial complexes in several governorates with the aim of…
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Egypt’s headline monthly inflation declined to 13.2 percent in June, down from 13.5 percent in May, for the first time in seven months, the Central Agency for Public Mobilisation and Statistics…
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Egypt's trade balance recorded $1.7bn during April 2022, versus $3.62bn for the same month of the previous year — a decrease of 53%, according to he Central Agency for Public Mobilisation and…
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Vice President of the European Investment Bank (EIB) Gelsomina Vigliotti visited Cairo to discuss with Egyptian officials areas of cooperation, follow up on ongoing projects, and discuss projects in…
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The Board of Directors of the Central Bank of Somalia (CBS) agreed to issue a license to Banque Misr to operate within the country.
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Egypt’s state-owned Gosoor (Bridges) announced on Monday the inauguration of its first six branches abroad and the launch of its electronic catalogue for Egyptian exportable products that aim to…
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Egypt’s exports of engineering industries have amounted to $1.55 billion during the first five months (5M) of 2022, an annual jump of 31% from $1.18 billion.
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The Central Bank of Egypt (CBE) has issued the new and first EGP 10 plastic banknote, which was printed in the new printing house in the New Administrative Capital (NAC).
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ElSewedy Electric announced that it has secured $150 million in financing from the International Finance Corporation (IFC).
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