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Communications Minister witnesses launch of Egypt Post’s first super app
Egypt Post launched ‘Yalla’ application, which is the first super app in Egypt, the Middle East, and Africa that provides various financial and non-financial solutions for individuals, merchants, and…
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Abu Dhabi Ports plans massive investment in Egypt
Abu Dhabi Ports (AD Ports Group) has earmarked around $10 billion for anticipated investments in Egypt in the coming period, its chairman Falah Al Ahbabi said.
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FRA, AmCham discuss luring investments to non-banking financial sector
Chairman of the Financial Regulatory Authority (FRA) Mohammed Omran discussed in a meeting with a delegation from the American Chamber of Commerce in Egypt (AmCham Egypt) ways of luring investments to…
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GB Auto plans to invest 2022’s EGP 550m CAPEX budget on complete knock-down lines
GB Auto said that the CAPEX budget for 2022 is expected to be within the range of EGP 550m and will be focused mainly on complete knock-down (CKD) lines to prepare for the government incentives…
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Egypt secures $10.27bn development financing for economic sectors in 2021
The Egyptian Ministry of International Cooperation has secured around $10.27 billion of development financing for various economic sectors in the country during 2021.
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We seek to provide attractive environment for local, foreign investments, Maait
The Egyptian government seeks to provide a stimulating and attractive environment for local and foreign investments to deepen its partnership with the private sector, especially with the developmental…
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Egypt signs deal with Apache for $3.5bn investment
Egypt’s Ministry of Petroleum and Mineral Resources, jointly with the Egyptian General Petroleum Corporation (EGPC), signed an agreement with Apache Corporation under which the latter will spend a…
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Eni signs new deal to invest $1bn in Egypt’s oil sector
Egypt announced it concluded an agreement with the Italian company Eni to explore for oil in the Gulf of Suez and Nile Delta, with a total investment of not less than one billion dollars.
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Oriental Weavers Carpet eyes $15m investments in 2022
Oriental Weavers Carpet targets $15 million investments as part of the company's plan for 2022.
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UAE’s ADQ opens new office in Egypt to invest in economic growth
ADQ, the Abu Dhabi-based holding company, has launched a new office in Egypt as part of the company's commitment to contributing to the country’s economic growth.
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