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The French Development Agency (AFD) will sign a financing agreement worth around €140 million ($150.1 million) with Egypt’s biggest three public banks by the end of the third quarter
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Agricultural Bank of Egypt (ABE) provided funds EGP 1bn to stimulate investment in the agricultural and livestock production sectors in the New Valley,according to Alaa Farouk, its Chairperson.
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Egypt’s natural gas and liquefied natural gas (LNG) exports rose by 98 percent to around $3.9 billion in the first four months of the year, according to latest data from the petroleum ministry.
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Egypt’s domestic liquidity inched up to 6.416 trillion Egyptian pounds ($344.8 billion) in the at the end of April from 6.280 trillion pounds at the end of March.
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The Financial Regulatory Authority (FRA) wants to see the EGX’s market cap more than double to EGP 1.6 tn by 2026, according to its newly published four-year strategy
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Abu Dhabi Commercial Bank (ADCB-Egypt) has expanded its collaboration with Temenos to offer the next-generation digital payments via Temenos open platform for configurable banking, the company…
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Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have  said on Monday they are suspending the one-year certificate of deposit which was introduced on March 21 with an…
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The Egyptian Association for Islamic Finance revealed that the volume of Islamic banking in Egypt reached EPG 434bn by the end of March.
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Egypt will merge seven or eight state-owned hotels into a single entity ahead of a listing on the EGX, Public Enterprises Minister Hisham Tawfik told Bloomberg Asharq.
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The UAE’s government announced on Sunday that it is allocating an investment fund of $10 billion for joint projects with Egypt and Jordan as part of a newly launched partnership industrial initiative…
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