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Egyptian Trade minister, Mercedes-Benz discuss boosting investments
Egyptian Minister of Trade and Industry Nevine Gamea and a delegation from Mercedes-Benz Egypt discussed in Cairo boosting the company’s projects in the country.
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Edita plans to inject EGP 1bn investments in 3M
Edita Food Industries plans to inject new investments worth EGP 1 billion in the upcoming three years.
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Saudi Arabia’s solutions by stc to acquire majority stakes in Egypt’s Giza Systems
Arabian Internet and Telecommunication Co., also known as 'solutions by stc', signed a binding deal to buy controlling stake in Egypt's Giza Systems Co.
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Edita Food Industries opens its Moroccan plant
Edita Food Industries, a leading Egyptian firm in the packaged snack food market, has officially inaugurated its Moroccan plant according to a recent press release
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Egypt’s valU aims for opening a new market in Saudi Arabia
EFG Hermes’ consumer finance platform valU will set foot in Saudi Arabia before the end of 1H2022, marking its first cross-border expansion, EFG Hermes Finance CEO Walid Hassouna told Bloomberg…
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Trade Minister invites German companies to invest in Egypt
The Central Bank of Egypt (CBE) has offered treasury bonds (T-bonds) at an aggregated value of EGP 3 billion over three issues on Monday, 21 March.
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Oriental Weavers Carpet will add 4 new sales branches to its portfolio
Oriental Weavers Carpet will be establishing four new sales branches in Egypt after getting its board approval.
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Egypt allocates EGP 11.1bn funding women’s projects over 7 years: Gamea
45 percent of the total funds provided to MSMEs were directed to women over the past seven years, amounting to about EGP 11.1bn in funding, according to Nevine Gamea — the Minister of Trade and…
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SCZone launches one-stop digital services for its investors
The Suez Canal Economic Zone (SCZone) is cooperating with the European Bank for Reconstruction and Development (EBRD) to launch the second phase of technical support provided by the bank during the…
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Foreign direct investments hit dlrs 1.664 billion during Q1 2021/2022
The Central Bank of Egypt (CBE) said that net foreign direct investments during the first quarter of 2021/2022 fiscal year hit 1.664 billion dollars against 1.605 billion dollars of the corresponding…
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