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Egypt is aiming at offering  shares of 25 percent of the  state-owned Misr Life Insurance in an initial public offering (IPO) by end of this June, an official told the local press
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Beltone Financial Holding, a 58.2% subsidiary of Orascom Financial Holding (OFH), has received a mandatory purchase offer from Chimera Investments, an Abu Dhabi-based private investment company, or…
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e-finance Group for financial and digital investments signed a memorandum of understanding (MoU) with the Libyan Ministry of Finance to provide electronic payment services to the Libyan government and…
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Minister of Trade and Industry Nevine Gamea stressed the importance of strengthening joint efforts among African countries to deal with the current economic challenges.
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The Executive Board of the International Monetary Fund (IMF) has approved the immediate disbursement of SDR 5 million, about US$ 6.72 million for the Gambia.
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The Nile Preneurs Initiative announced the launch of a new training programme that will run for a period of six months to support the export capabilities of emerging, small, and medium-sized companies…
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First Abu Dhabi Bank (FAB) announced the end of a legal merger process with Bank Audi – Egypt in a Facebook post on Saturday.
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Egypt's annual inflation rate jumped to 15.3% in May 2022, compared to 4.9% in the same month in 2021, according to the latest data by the Central Agency for Public Mobilization and Statistics…
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The Trade Ministry has extended by three months its March ban on exports of wheat, flour, corn, lentils, pasta, fava beans, and vegetable oils, the state-owned MENA news agency reports.
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EFG Hermes’ energy investment platform Vortex Energy has so far invested EUR 222 mn of equity capital into Ignis Energia, Vortex said in a press release.
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