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Egypt’s food industry exports to Kenya recorded a significant growth of 111 percent between 2014 and 2020, according to Tameem El-Dawy, Deputy Executive Director at the Egyptian Food Export Council…
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The International Finance Corporation (IFC), a member of the World Bank Group, and ALEXBANK, an Egyptian private bank, are partnering to help Egyptian farmers access financing to purchase solar…
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The Commercial International Bank (CIB), Egypt’s leading private sector bank, has celebrated the completion of its training programme and the graduation of 19 certified Credit Analysts from Kenya and…
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EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), announced that its NBFI platform has signed a partnership with Universal Group to launch a bespoke e-commerce…
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Major financial institutions in Egypt including Beltone financial as well as some banking experts believe that The Monetary Policy Committee (MPC) at the Central Bank of Egypt (CBE) will keep the…
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Egypt’s investment bank EFG Hermes Holding reported on Wednesday a 12 percent year-on-year growth to reach 5.5 billion Egyptian pounds (349.6 million) despite the impact COVID-19 had on global…
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The Central Bank of Egypt’s (CBE) has launched new mortgage finance initiative a few days ago, and it has just revealed its requirements according to the Deputy Governor, Gamal Negm.
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Egypt’s debt instruments attracted EGP 41.8 billion in four auctions, figures released by the Central Bank of Egypt (CBE) showed.
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Egyptian Atomic Energy Authority (EAEA) has signed an agreement with Novosibirsk Chemical Concentrates Plant (NCCP), a subsidiary of Russian nuclear fuel manufacturer TVEL, for supplying new batch of…
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Orascom Development Egypt (ODE)  posted 571.32 million Egyptian pounds in consolidated net profits in 2020, down by 19% year-on-year (YoY)  705.55 million pounds, including minority shareholders’…
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