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Banque du Caire celebrates the first graduating cohort from its “Fast Track” program
Banque du Caire announces the graduation of its “Fast Track” program. This innovative professional development program was designed to help exceptional staff members develop the necessary skills for…
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Egypt to Host the Largest Edition of EGYPS 2023, Driving Global Efforts towards Sustainable Energy
With an inflow of investments projected to expand by $26 billion, Egypt continues to increase its energy exports and strengthen its positioning as a dynamic and growing energy hub.
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Egypt’s Net Foreign Reserves Surge for the Third Month in a Row and the highest since June 2022
For the third month in a row, Egypt’s net foreign reserves have witnessed an increase, despite paying off $1.5 billion of foreign debt in November 2022, a banking source with knowledge said on…
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Bucking emerging market trend, Egypt is one of the most preferred destination for foreign investors
This year, Egypt has become the most preferred destination for foreign investors among emerging markets. The sale of some state-run assets to gulf investors has helped attract more foreign capitals to…
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For the first time in the Egyptian banking sector… “AUB” launches “EDGE” package with exclusive benefits
AUB - Ahli United Bank- Egypt, one of the prominent banks operating in the market, launched its new and unique product, the "EDGE package" with multiple and exclusive benefits for customers, and it is…
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Banque du Caire participates in the panel discussion on “Youth and Climate Change” during COP27 in Sharm El Sheikh
Banque du Caire hosted a panel discussion titled "Youth and Climate Change" as part of the COP 27 activities in Sharm El-Sheikh. During which the necessary mechanisms for applying the best practices…
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Egypt’s President Sisi gives investor applicants three-month golden license
President Sisi inaugurates a number of projects of the National Initiative for Industrial Development “Start,” giving a three-month golden license to investor applicants to facilitate procedures for…
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Egypt’s GAFI invites Qatari investors to apply on ‘Golden License’
The General Authority for Free Zones and Investment (GAFI) held talks with a Qatari business delegation to probe ways of boosting Qatari investment inflows.
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Banque Misr issues 3-year savings certificate with 17.25% annual return
Banque Misr issued a 3-year Al Qimma certificate of deposit with an annual return of 17.25%, which will be disbursed annually. This return applies to new or automatically renewed certificates of…
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Egypt’s NBE says new high-yield CDs raise 12 bln pounds in 3 days
The National Bank of Egypt (NBE) has raised 12 billion Egyptian pounds ($518.4 million) from its high-yielding certificates of deposit, launched when the central bank announced a flexible exchange…
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