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Egypt’s net foreign reserves inched up to $40.584 billion at the end of June from $40.468 billion at the end of May, a central bank data showed on Tuesday.
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The value of Egypt's industrial production, excluding crude petroleum extraction and refining, increased by 8.7% year-on-year (YoY) to EGP 183.1 billion in the first quarter (Q1) of 2020, compared to…
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Hotel occupancy inched between 35 percent and 40 percent higher in Egypt’s Red Sea resorts of Sharm el-Sheikh and Hurghada in the first six months of the year, a tourism official told Reuters on…
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Egypt's furniture exports increased by 29% year-on-year (YoY) to $104 million during the first five months of 2021, compared to $81 million according to the Egyptian Furniture Export Council.
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The International Finance Corporation (IFC) and the Misr Insurance Holding Company (MIHC) have signed an agreement that will help increase job opportunities for women and advance their careers at…
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Egypt’s Minister of Trade and Industry Nevine Gamea has held talks with Iraq’s Minister of Planning Khalid Najim to discuss means of tripartite economic integration between the two countries and…
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EFG Hermes Kenya, part of Egyptian investment bank EFG Hermes Group, has launched on Monday its online equity-trading platform, EFG Hermes One, to offer retail investors seamless and convenient stock…
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Egypt’s tourism revenues have ranged between $3.5 billion to $4 billion during the first half of the year, deputy minister of tourism Ghada Shalaby told Reuters on Sunday.
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The European Bank for Reconstruction and Development (EBRD) is expected to embark on consultation talks with Egypt in September for a new strategy over the coming four years, the bank’s president…
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The Central Bank of Egypt (CBE) revealed an increase in the volume of local currency deposits in banks operating in Egypt by about EGP 53.774bn, to reach about EGP 3.932trn during May 2021, compared…
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