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Egypt recorded an 8% year-on-year (YoY) decline in the value of furniture exports to $170 million during January-August 2022, according to the Egyptian Furniture Export Council (EFEC).
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The consolidated financial statements of Qatar National Bank Al Ahli (QNB Al Ahli) showed a 22% year-on-year (YoY) increase in net earnings during the first nine months (9M) of 2022, according to a…
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President Abdel Fattah al-Sisi has approved $2.4 million agreement between with the Kuwait Fund for Economic Development to finance the studies for on rail link project between Egypt and Sudan, the…
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Bayer — a global life science company — is celebrating the announcement of its partnership with an Egyptian pharmaceutical company to establish a drug production hub for over the counter (OTC)…
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Egypt’s central bank will allow new currency derivatives to unlock liquidity in the local market, making available instruments to hedge against risks to the pound currency after it drops against the…
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Minister of Trade and Industry Ahmed Samir said that the initiative to implement the first commercial deal exporting food products from Egypt to Ghana falls within the framework of the African…
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The Financial Regulatory Authority’s (FRA) Board of Directors issued Resolution No. (115) for the year 2022, which includes the controls regulating the issuance of securities backed by future flows,…
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The World Bank expects Egypt’s economy to grow at a 4.8% clip in FY 2022-2023, according to its October MENA Economic Update (pdf).
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Several banks operating in the Egyptian market have imposed limits on foreign exchange withdrawal using debit or credit cards outside Egypt.
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Within the framework of the efforts exerted on a national level to support the economic empowerment of citizens and Micro, Small and Medium enterprises (MSMEs), and in line with the Sustainable…
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