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Arab Contractors in talks for new projects in Angola
Egypt’s state-run construction firm Arab Contractors (AC) is in talks to implement new projects in Angola.
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Trading on Swvl Holdings begins at $10 per share
Egyptian bus-hailing service provider Swvl is preparing to start trading in the company’s shares on the Nasdaq Stock Exchange on Thursday at an indicative price per share of $10.
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Ban on exporting honey bees to Saudi Arabia lifted : Agriculture min.
Agriculture Minister El Sayed el Qusair said that a ban imposed on exporting Egyptian honey bees to Saudi Arabia has been lifted.
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South Africa’s largest mining company eyes investing in Egypt
Minister of Petroleum and Mineral Resource Tarek el Molla discussed in a meeting with Peter Steenkamp, Chairman of South Africa's largest mining company, Harmony Gold, the investment opportunities…
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MSMEDA, Amazon sign MoU to help enterprises market their products
Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and Amazon Egypt signed memorandum of understanding (MoU) in order to help enterprises market their products through Amazon.eg store.
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Egypt to send a delegation to India for wheat import next month
Egypt will send a delegation to India in the first week of April for wheat imports as the country seeks to secure supplies and cover shortage at one of the world’s biggest grain importers, according…
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Saudi Arabia deposits $5 billion in Egypt’s central bank; Saudi official press
Saudi Arabia has deposited $3 billion in Egypt’s central bank, the state-run Saudi Press Agency reported on Wednesday.
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Fawry sold a 6% stake in EGP 1.05 bn block transaction
The Egyptian Exchange (EGX) has announced an EGP 1.05 billion block deal on the shares of Fawry for Banking Technology and Electronic Payments.
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Banque du Caire Signs the UN Principles for Responsible Banking
Banque du Caire has become an official Signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through a partnership between banks…
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NBE raises $11 billion from high-yield certificates in 9 days
Egypt’s biggest state lender, the National Bank of Egypt (NBE) has raised 200 billion Egyptian pounds ($10.9 billion) from the high-yielding savings certificates it introduced nine days ago, deputy…
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