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The board of Abu Qir Fertilizers has approved to proceed with the establishment of a company that will manage an ammonia plant planned to be launched on the land area, owned by the Egyptian General…
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Egypt and Saudi Arabia signed 14 agreements with investments worth $7.7 billion, according to Minister of Commerce of Saudi Arabia Majid bin Abdullah al-Qasab.
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EFG Hermes has announced that it successfully concluded the first securitization issuance worth EGP 651.2m of the EGP 3bn programme for Bedaya Mortgage Finance, Egypt’s first non-bank online mortgage…
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Egypt and the Democratic Republic of the Congo (DRC) have reached a partnership agreement in the field of electricity.
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 Banque du Caire has invested $82 million in African Export-Import Bank (Afreximbank), raising the total value of the bank's investments in Afreximbank to around $115 million.
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 Egypt’s chemical and fertiliser exports to Oman have increased by 7% to $11 million during the first four months (4M) of 2022, the Chemical and Fertilisers Export Council announced.
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EFG Hermes’ subsidiary, ValU , announced that Al Hokair family has reached an agreement to purchase a 4.99 percent stake in Valeo for $12.4 million, bringing the company’s valuation to $247.4 million.
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Fitch Solutions revised down Egypt’s real GDP growth for the upcoming FY2022/2023 — Which starts on 1 July — to 4.9 percent, down from the 5.5 percent it initially projected.
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Egypt has allocated more than EGP 3 trillion in the 2022-2023 budget to complete the development process, increase public spending, and improve the services offered to citizens, the Egyptian Minister…
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HSBC Egypt has introduced green personal finance for its retail customers in Egypt, as part of the bank's efforts to promote sustainability and support a net-zero carbon future.
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