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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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Siemens Mobility, Orascom Construction (OC) and Arab Contractors have signed a contract with the government for the second phase of the planned 2k-km high-speed rail line, Siemens and OC said in…
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The African Development Bank (AfDB) has launched the Africa Circular Economy Facility (ACEF) at a total value of €4 billion in collaboration with the Finnish government, said Kariuki Kevin Kanina, the…
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The European Union (EU) is working on a deal to import Israeli gas through Egypt as the bloc is looking to lower its dependence on Russian supplies.
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Moody's decision to affirm Egypt's credit rating despite the complex external shocks facing the global economy and emerging countries is "a very positive decision.", according to Minister of Finance…
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The African Development Bank (AfDB) named Egypt as the host of the 58th round of its annual meetings in 2023.
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Central Bank of Egypt Governor Tarek Amer will chair the World Bank Group (WBG) and the International Monetary Fund‘s (IMF) annual meetings, taking place in October, the WBG announced on Thursday.
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