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Egyptian expats' remittances recorded $250.3 billion in the past 10 years, from FY 2011/2012 through FY 2019/2020, reported the Central Agency for Public Mobilisation and Statistics (CAPMAS) on…
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Banque du Caire has revealed in its latest financial statements that it achieved a net profit of EGP 1bn during the first quarter (Q1) of 2021.
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Egypt’s internal trade sector accounted for 21.6% of the country’s gross domestic product (GDP) in the first half (H1) of the fiscal year 2020/2021, adding 1.6% year-on-year (YoY), Minister of Supply…
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The Egyptian Minister of Planning and Economic Development, Hala El-Saeed, announced the completion of 585 developmental projects in Cairo at a total cost of EGP 35.3 billion during fiscal years (FY)…
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Egypt is launching a new vaccine production lines at a cost of $17 million, in addition to construction costs of EGP 80 million. 
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Bedaya Mortgage Finance Co., a joint venture (JV) between Talaat Moustafa Group Holding, GB Capital, and EFG Hermes, has launched the first non-bank mortgage finance mobile application and online…
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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 Sovereign Fund of Egypt (TSFE) aims to raise its investment portfolio to EGP 30-40bn by the end of 2022, its CEO Ayman Soliman told local pressThe Sovereign Fund of Egypt (TSFE) aims to raise its…
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The board of the African Development Bank (AfDB) approved on Wednesday an €83 million (around $100 million) loan to finance the second phase of Egypt’s Electricity and Green Growth Support Programme…
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Egypt and United Nations Population Fund (UNFPA). officials met to discuss areas of common cooperation and the role the UNFPA plays in supporting national development efforts towards achieving Egypt’s…
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