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Egypt’s annual core inflation rate retreated to 3.8 percent in December 2020, compared to 4 percent a month earlier, according to data released by the Central Bank of Egypt (CBE).
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Suez Canal Economic Zone (SCZone) worked in 2020 on a study that aims at attracting new investments to the zone according to the 2020-25 vision that targets certain industrial sectors, according to…
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Egypt is planning to establish 14 axes in Upper Egypt at a combined cost of 18.5 billion Egyptian pounds,  the Minister of Transport, Kamel El-Wazir announced
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Egypt has allocated 236 million Egyptian pounds to support the National Organization for Potable Water and Sanitary Drainage’s (NOPWASD) plan to provide electricity to the Bahr El-Baqar wastewater…
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A consortium containing Al Raed for Agricultural Production and Real Estate Investment and New Smart for Construction submitted an offer to acquire a controlling stake in El Nasr for Manufacturing…
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53 floors of the iconic tower in the Central Business District (CBD) in the New Administrative Capital have been established so far, according to the Egyptian Minister of Housing, Assem El-Gazzar, .
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A greater private sector participation in the economy and wider green-led activities and investments are expected to drive recovery from the pandemic in the Middle East and Africa in 2021, but…
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Egypt's annual headline inflation rate registered 5.1% in 2020, compared to 8.5% in 2019, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Sunday
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The Egyptian auto market has escaped a price hike on British cars that had been expected on the back of the latter’s exit from the European Union (EU), commonly known as Brexit.
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The Central Bank of Egypt (CBE) has issued new instructions regarding the management of operation risks at banks working in the Egyptian market.
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