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 Elsewedy Electric Co, subsidiary Elsewedy Electric for Trading and Distribution, signed a new engineering, procurement, and construction (EPC) contract with Hitachi to establish the Delta Regional…
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Orascom Construction has added $650 million new contracts to its backlog during the first quarter (Q1) of 2021, up 8 percent when compared to the year-ago period.
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Export Development Fund issued 583 export certificates with total subsidies worth 2.7 billion Egyptian pounds or a net value of 2.5 billion Egyptian pounds ($159,4 million) after deducting tax and gas…
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The budget deficit is expected to narrow to 6.7 percent of GDP, from an expected 7.7 percent in the current fiscal year, before falling to 6.2 percent in FY 2022-2023, according to The Ministry of…
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Raya Holding for Financial Investments announced the sale of 9 million shares of its 99.8%-owned subsidiary Aman Electronic Payment Technology to the National Bank of Egypt (NBE).
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Egypt’s engineering exports have increased by 30% in the first quarter (Q1) of 2021, recording $739m compared to $567.3m in Q1 of 2020, according to the Engineering Export Council of Egypt (EECE)
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Egypt’s total external debt jumped to $125.3 billion by the end of the first quarter (Q1) of the current FY2020/2021, up about $1.8 billion year-on-year, according to the Central Bank of Egypt.
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Delegations from the Administrative Capital for Urban Development (ACUD) and Mastercard met to discuss the latest developments in the latter’s project in the New Administrative Capital (NAC) .
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The Suez Canal Economic Zone (SCZone) has signed  an agreement worth EGP 20 billion ($1.27 billion) with the General Authority for Roads and Bridges to develop the canal zone's Ain Sokhna port under a…
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HC Securities & Investment expects the Central bank of Egypt (CBE) to keep interest rates unchanged at its Monetary Policy Committee (MPC) next April meeting.
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