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Egypt to establish largest factory of leather tanning in Middle East
The Egyptian government was directed by the President Abdel Fattah El Sisi on Monday to start building a leather tanning factor, the largest of its kind in the Middle East in terms of size and…
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France will provide €1.8bn finance to Egyptian development projects
The Egyptian government was directed by the President Abdel Fattah El Sisi on Monday to start building a leather tanning factor, the largest of its kind in the Middle East in terms of size and…
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Naguib Sawiris-backed Endeavour Mining listed on London Stock Exchange
Naguib Sawiris-backed Endeavour Mining has listed today on London Stock Exchangeafter being admitted into the UK Listing Authority’s premium listing segment, the company said in a statement.
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Egypt’s GDP growth to reach pre-pandemic level of 6% in 2022, Fitch says
Fitch Ratings expected Egypt’s GDP to reach pre-pandemic growth levels of 6 percent, the highest projection among all the global financial and credit institutions so far.Fitch Ratings expected Egypt’s…
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Egypt’s MSMEDA, Banque Misr sign EGP 500m micro-enterprises finance
Egypt’s Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and Banque Misr have signed a contract worth EGP 500m that will go towards financing micro-enterprises.
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4-5 IPOs are expected during H2-21, EGX Chairman
Listing the shares of two new companies on the Egyptian exchange will take place this year, a third offering that was delayed is expected before the end of 2021, according to its Chairman Mohamed…
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Egypt’s infrastructure investments recorded EGP 1.7trn over 7 years: El Saeed
Egypt said that public investments directed to infrastructure during the last seven years amounted to EGP 1.7 trn ($100bn), according Minister of Planning and Economic Development Hala El-Saeed
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Egypt to offer 60% discount on shipping to fellow African countries
Egypt will raise the 50-percent discount on shipping to Africa to 60 percent, according to Minister of Trade and Industry Nevine Gamea
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Africa needs to set 10-20 years strategy to boost investment: Mozambique official
Africa should have set tent to twenty years term strategy on how investment will look like by that time in order to fulfill the 2063 agenda according to Director General of Mozambique Investment and…
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Elsewedy Electric Group mulls setting up manufacturing units in Angola
Elsewedy Electric has built power plants in Angola and has been contemplating the possibility of launching manufacturing units there to make benefit from its location on the Atlantic Ocean,”…
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