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Banque du Caire is set to launch a new e-payment firm to support financial inclusion: Fayed
Banque du Caire, Egypt’s third largest public state-lender, is a step closer to establish a company for electronic payment (e-payment) according to its chairman Tarek Fayed.
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Egypt’s debt levels will continue trending down on FY2021/2022 draft budget targets, WB
Egypt’s elevated debt levels will be put on a downturn path on the back of its FY2021/2022 draft budget targets, particularly its initial surplus expectations according to the World Bank’s practice…
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World Bank: Egypt’s primary surplus to pave way to sustainable debt strategy
Egypt’s primary surplus during the Coronavirus pandemic helped cushion the blow to its public debt, despite higher debt levels that affected much of the MENA region, according to the World Bank’s…
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SCZone will see $10m Japanese investments for new industrial complex, El Araby
Japan decided to pour direct investments of $10 million to launch a new industrial complex in Suez Canal Economic Zone (SCZone), according to Ibrahim El-Araby, Chairman of the Egyptian-Japanese…
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Egypt’s education management company,Taaleem, over-subscribed 29x in its EGX offering
Higher education management company Taaleem’s IPO last week has seen retail investors flocking to it, leading the retail portion of the offering to close more than 29x oversubscribed, bookrunner CI…
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Guinean president appreciates Egypt’s support to his country in different fields
Guinean President Alpha Conde has appreciated President Abdel Fattah al Sisi's efforts in supporting to Guinea.
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MENA largest Medicine City inaugurated by Egyptian President on Thursday
The Egyptian new medical city, GYPTO Pharma, has been inaugurated by Egypt President Abdel Fatah al-Sisi on Thursday
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Egyptian-based Banque du Caire seen EGP 3.2 billion net profit during 2020
Banque du Caire, Egypt’s third largest public state-lender, has seen solid growth rates and positive financial results for the financial year ending December 31, 2020.
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Egypt’s food exports to Jordan exceed $1bn between 2014-2020
Egypt’s food exports to Jordan amounted to $1.047 billion from 2014 until 2020, according the Deputy Executive Director at the Egyptian Food Export Council, Tameem El-Dawy.
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EGX approves listing capital raise shares of Suez Canal Bank
The Egyptian Exchange’s (EGX) listing committee approved the listing of capital raise shares of Suez Canal Bank.
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