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Banque du Caire (BdC), Egypt’s third largest public state-lender, announced on Monday that its net profit recorded 800 million Egyptian pounds ($42.6 million) in the first quarter of the year.
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Egypt is aiming at offering  shares of 25 percent of the  state-owned Misr Life Insurance in an initial public offering (IPO) by end of this June, an official told the local press
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e-finance Group for financial and digital investments signed a memorandum of understanding (MoU) with the Libyan Ministry of Finance to provide electronic payment services to the Libyan government and…
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EFG Hermes’ energy investment platform Vortex Energy has so far invested EUR 222 mn of equity capital into Ignis Energia, Vortex said in a press release.
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The World Bank’s (WB) Board of Executive Directors announced its approval on Wednesday of a $500-million-loan to back Egypt’s social protection net and food security in the face of the impacts of the…
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The Egyptian Association for Islamic Finance revealed that the volume of Islamic banking in Egypt reached EPG 434bn by the end of March.
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Africa Health ExCon is Africa's largest medical conference and exhibition, according to Adel Adawy, Africa Health ExCon Chairman and the former Egyptian  Health Minister.
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The Monetary Policy Committee (MPC) decided to raise the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation by 200 basis points to 11.25…
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Egypt’s central bank Governor Tarek Amer said on Wednesday that talks with the International Monetary Fund (IMF) were advancing.
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Egypt recorded a trade deficit of $2.7bn in February 2022, down from February 2021’s $3.82bn — a decrease of 29.4% — according to the Central Agency for Public Mobilisation and Statistics’ (CAPMAS)…
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