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Egypt will host the first forum for the heads of African investment authorities in the South Sinai resort city of Sharm El-Sheikh from 11 to 14 June, the cabinet announced on Monday.
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alaat Mostafa Holding has revealed plans for a new city east of Cairo with an investment cost of 500 billion pounds ($31.8 billion).
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African Export-Import Bank (Afreximbank) will loan Egypt’s United Bank $600 million for on-lending to support small and medium-sized enterprises (SMEs) and trade finance in the North African country,…
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Egypt is set to establish a state-run company to manage the issuance of sovereign Sukuk, following the approval of the law by the Parliament, the Minister of Finance, Mohamed Maait, said.
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Export Development Bank of Egypt (EBE) plans to achieve profits worth EGP 844 million during the 18-month period from 1 July 2020 to 31 December 2021, according to a bourse disclosure on Monday.
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The Housing and Development Bank (HDB) has announced that its pre-tax profits amounted to EGP 862m, whilst it reported net profit after taxes amounting to EGP 620m.
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Egypt’s net international reserves increased about $125m to record $40.468bn in May, compared to $40.343bn in April 2021, The Central Bank of Egypt (CBE) said.
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The Engineering Export Council of Egypt (EECE) has met with representatives from the US Agency for International Development (USAID) to launch the Trade Reform and Development in Egypt (TRADE)…
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Egypt’s balance of trade deficit declined by 25.2% year-on-year (YoY) to $2.69 billion last March, compared to $3.59 billion, data released by the Central Agency for Public Mobilization and Statistics…
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Egypt’s net foreign reserves increased by aproximately $125 million in May, the Central Bank of Egypt (CBE) announced
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