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Egypt signed on  two memoranda of understanding with UAE renewable energy company Masdar and Hassan Allam Utilities – part of Hassan Allam Holding – to construct plants for green hydrogen production…
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The Emirati AMEA Power Company signed a memorandum of understanding (MoU)  to establish a project within the Suez Canal Economic Zone; to produce about 390,000 tonnes of green ammonia annually.
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the Central Bank of Egypt released the core set of financial inclusion indicators, which contribute to measuring the level and trends of financial services and products’ outreach to all segments of…
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Egypt’s Minister of International Cooperation Rania Al-Mashat and director of the German KfW Development Bank in Egypt Bernd Siegfried signed a financing agreement worth €26 million for phase 2 of a…
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Fitch Ratings has affirmed Egypt's long-term foreign-currency issuer default rating (IDR) at B+ with a stable outlook, the credit rating agency announced on Thursday.
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Standard and Poor’s (S&P) has affirmed Egypt’s long and short-term foreign and local currency sovereign credit ratings at B/B, S&P announced on Saturday.
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European Investment Bank (EIBt) met to discuss bilateral cooperation and ongoing projects   within the framework of Egypt’s presidency of the UN Conference of Parties on Climate Change (COP 27), which…
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The Egyptian government is keen on facilitating matters for investors and to overcome the obstacles they might face in order to expand their investments in the Egyptian market.
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Fawry for Banking Technology and Electronic Payments has reported consolidated net profits after tax of EGP 242.12 million in 2021, an 8.30% year-on-year (YoY) increase from EGP 223.56 million,…
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Palm Hills Developments has increased its 15.35% stake in the International Company for Leasing (Incolease) to 18.23%.
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