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Sumitomo Egypt, part of Japanese company Sumitomo, signed a memorandum of understanding (MoU) with the Egyptian General Authority for Investment and Free Zones (GAFI)  to establish the world’s largest…
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Egypt will offer $40 billion in assets to the private sector over four years, representing $10 billion per year, the Egyptian Prime Minister, Mostafa Madbouly, said.
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Egypt aims to reach 42 percent of the contribution of renewable energy in the nation’s energy mix by 2035, the Minister of Electricity and Renewable Energy Mohamed Shaker announced
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The Egyptian Gulf Bank (EG Bank) has logged consolidated net profits after tax worth EGP 193.75 million in the first quarter (Q1) of 2022, an annual growth of 23% from EGP 157.78 million.
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 Egypt’s vision to diversify financial resources and tools had proven to be correct, Finance Minister Mohamed Maait said.
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The Food industries sector represents 14 percent of the total export sector and 24.5 percent of the total GDP, Ashraf El Gazairly, head of the Chamber of Food Industries in the Federation of Egyptian…
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Egypt and the European Union (EU) are expected to sign a deal later in June on gas supply as the European Union is working on reducing its reliance on Russian gas supplies, according to a draft…
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The Central Bank of Egypt (CBE) issued a bid of local treasury bills denominated in the US currency, at a value of $540m, for a period of 364 days, due on 6 June 2023.
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Egypt will donate 30 million doses of coronavirus vaccines to African countries, President Abdel-Fattah El-Sisi announced while addressing Africa Health ExCon, the first African health conference,…
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The World Bank’s (WB) Board of Executive Directors announced its approval on Wednesday of a $500-million-loan to back Egypt’s social protection net and food security in the face of the impacts of the…
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