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The Egyptian Exchange (EGX) plans to launch a new index to track the performance of small- and medium-sized enterprises (SMEs) during this year. The “Tamayoz” index will include the best SMEs in…
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Ibrahim Al-Araby, head of the Federation of Egyptian Chambers of Commerce (FEDCOC), has announced a package of measures to support the tourism sector in South Sinai.
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Egypt counts on the private sector to raise growth levels through its investments in the government's projects and initiatives, said Prime Minister Mostafa Madbouly.
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Egyptian finance ministry is aiming at offering all support and facilities necessary to encourage importers to join the Advanced Cargo Information (ACI) system, Head of the Customs Authority Kamal…
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All fees paid by MSMEs to process e-commerce payments from the National Bank of Egypt will be suspended through the end of June 2021, the bank said in a statement.
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Housing and Development Bank (HDB) achieved consolidated net profits of  2.06 billion Egyptian pounds in 2020, down by 7.37 percent year-on-year (YoY) from  2.22 billion pounds, the unaudited…
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Members of a mammoth African free trade area (AfCFTA) are expected to finalise essential rules of origin by June, an official said.
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Vodafone Egypt has signed a memorandum of understanding to acquire a 20 percent stake in each of Bee and Masary — both subsidiaries of non-banking financial services provider Ebtikar.
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Egypt’s exports to African countries, estimated to be worth $4.7 billion, are projected to double over the coming four years in the event that all the African Continental Free Trade Agreement’s…
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The Central Bank of Egypt (CBE) has revealed that the percentage of non-performing loans (NPLs) at banks working in the Egyptian market recorded 3.4% in September 2020.
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