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The Egyptian Financial Regulatory Authority (FRA) has licensed a micro-funding company to provide funding to small- and medium-sized enterprises (SMEs), the first licence given to a non-banking…
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Despite the challenges facing the canal during the period, the authority posted a record-high revenue of $5.84 billion during fiscal year (FY) 2020/2021, up by 2.2% from $5.72 billion in FY19/20, ,…
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Egypt has set a 5.4 percent GDP growth target for the financial year 2021-2022 that began in July, Planning Minister said.
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Egypt’s Banque du Caire aims to expand its financing for small and medium-sized enterprises (SMEs) to 22 billion Egyptian pounds ($1.4 billion) by end of the year, a senior official said
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Egypt’s external debt rose 21.15 percent year-on-year to $134.8 billion at the end of March from $123.5 billion in the same period last year, a central bank data showed on Sunday.
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The board of directors of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) approved a decision to proceed with setting up a securitisation company. 
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Egypt’s balance of trade deficit narrowed by 13.3% year-on-year (YoY) to $3.1 billion in April from $3.5 billion, according to data released by the Central Agency for Public Mobilization and…
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The UAE's Al Qamzi Developments plans to inject EGP 14 billion worth of investments in the Egyptian market over a period of four years.
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Egypt has paid about EGP 16.4 billion in overdue export subsidies over two phases of the export support programme, according to the Egyptian Ministry of Finance.
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Elsewedy Electric Co signed a share purchase agreement (SPA) for 99.25% of the shares of International Cables Company. 
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