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The Monetary Policy Committee (MPC) decided to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25…
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The Egyptian Exchange (EGX) said that 298.62 million shares of Blom Bank Egypt's total 300 million shares have been sold in a mandatory tender offer (MTO), according to a statement on Thursday. 
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Egypt’s balance of trade deficit increased by 10.0% year-on-year (YoY) to $3.34 billion in May from $3.04 billion, according to data released by the Central Agency for Public Mobilization and…
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Africa announces the start of monthly shipments of vaccines acquired by the AU / African Vaccine Acquisition Trust (AVAT) to the AU Member States today, President Cyril Ramaphosa, President of the…
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Fitch Ratings said on Tuesday that pressures on Egyptian banks’ credit profiles and viability ratings have eased on improvements in the country’s operating environment since end of the third quarter…
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The International Finance Corporation (IFC), a World Bank member, announced on Tuesday it is investing $100 million in Egypt’s first private sector green bond, issued by the Commercial International…
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 Credit Agricole Egypt recorded consolidated net profits of EGP 767.09 million during the first half (H1) of 2021, up by 9.4% year-on-year (YoY) from EGP 701.02 million.
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Egypt's hotels are expected to witness higher occupancy rates during 2021, according to a recent report by Colliers International.
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The National Bank of Egypt (NBE), the country’s largest public lender, reported on Tuesday a 161.6 percent year-on-year growth in net profit for the first quarter of the year.
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The trade exchange between Egypt and Nigeria has reached $181 million during 2020, with initial data indicating continuity of growth in the first quarter (Q1) of 2021.
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