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The Central Bank of Egypt (CBE) decided to extend two initiatives to relieve the debt for defaulting companies and tourism businesses for a six-month period ending on 30 June 2021.
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The African Continental Free Trade Area (AfCFTA) has seen light at the beginning of the new year 2021 after a delay of several months due to the novel coronavirus (COVID-19) outbreak.
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The Commercial International Bank (CIB) announced that it has furthered its commitment to environmental transparency by disclosing its environmental impact through the Carbon Disclosure Project (CDP).
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The ordinary general meeting (OGM) Fawry for Banking Technology and Electronic Payments approved a loan agreement worth EGP 160 million between its subsidiary Fawry Microfinance Co and the…
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Ghabbour Auto (GB Auto) said that its subsidiary GB Lease concluded its  second  securitised bond offering at a value of 2.041 billion Egyptian pounds.
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African countries began officially trading under a new continent-wide free trade area on Friday, after months of delays caused by the global coronavirus pandemic.
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The value of microfinance in Egypt grew by seven percent recording 42.7 billion Egyptian pounds during the third quarter of 2020 compared to Q2 of the same year, according to the Chairperson of the…
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The National Bank of Egypt (NBE) has acquired a 24 percent stake in Aman for Non-Banking Financial Services, in a deal worth EGP 480m.
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The European Investment Bank (EIB) has provided Egypt’s Banque Misr with a €425 million credit line to support local private small and medium-sized enterprises (SMEs) that have been affected by the…
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Elsewedy Technical Academy (STA) has announced the signing of a memorandum of understanding (MoU) with the Egyptian German Technical Academy (EGT Academy) to support technical and vocational education…
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