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EFG Hermes has announced the successful close of an EGP425 million ($22.4 million) securitized bond issuance for real estate powerhouse Pioneers Properties for Urban Development and its affiliates –…
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As part of Saib’s continued efforts to implement their expansion plan in various parts of the country, the bank recently opened a new branch in Shebin Al-Koum, Menoufiya, in accordance with the new…
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Travel Awaits, a website specialized in tourism and travel affairs, has announced that Egypt ranked ninth in its list of the 17 most popular tourist destinations around the world in 2023, according to…
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The Financial Regulatory Authority (FRA) is expected to diversity the activities of the non-banking financial sector, allowing the increase of non-traditional financing granted to EGP 820bn by 2026…
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Egypt’s economy is expected to increase gradually over the next three years, with inflation gradually falling from double digits and the pound weakening in the near-term, according to a Reuters poll…
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Egyptian Minister of Tourism and Antiquities will launch an official website for the according to official statement.
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FMO, the Dutch entrepreneurial development bank, has signed a $10 million commitment to the second fund of Algebra Ventures, an Egyptian venture capital company.
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Egypt’s export value to Germany surged by 31.30% to $848.20 million in 2021 from $646.10 million in 2020, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
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Egyptian President Abdel Fattah el-Sisi  called upon the rest of the world to support Africa in efforts to tackle climate change, noting that the continent has hit hard by the impacts of the…
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Drive Finance and Non-Banking Services (GB Auto’s subsidiary) announced it has issued a corporate bond of EGP 700m the first issuance of an EGP 2bn programme with Commercial International Bank (CIB),…
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