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Egypt is holding discussions with the International Monetary Fund (IMF) to secure support that could include a loan amid the rising pressure of the Ukrainian war on the country's economy, sources told…
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El Nasr Automotive Manufacturing Co has signed an agreement with the National Automotive Company (NATCO) to establish the first electric vehicle distributor in Egypt with an issued capital of EGP 500…
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Swvl for mass transportation solutions is awaiting approval from Queen’s Gambit shareholders to list its shares on the Nasdaq Stock Exchange on 31 March.
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Egypt’s Minister of International Cooperation, Rania Al-Mashat, has met with Minister of Economy, Planning, and Regional Development for Cameroon, Alamine Ousmane Mey, as part of his visit to Egypt to…
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Egypt and Saudi Arabia signed an agreement to to establish  Saudi Public Investment Fund in Egypt.
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Minister of Electricity and Renewable Energy Mohamed Shaker said Egypt continues to exert efforts to act as a transit corridor for the clear energy that the African continent enjoys.
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45 percent of the total funds provided to MSMEs were directed to women over the past seven years, amounting to about EGP 11.1bn in funding, according to Nevine Gamea — the Minister of Trade and…
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The financial inclusion rates in Egypt have increased by more than 110 percent over the past five years, rising from 27 percent in the end of 2016 to 56.2 percent by the end of 2021, according to…
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The International Monetary Fund (IMF) has not received any financing request from Egypt, a senior IMF official told CNBC Arabia on Tuesday.
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Egypt has granted funding worth around EGP 57 billion to micro-enterprises by the end of September 2021, compared to EGP 6.4 billion by the end of 2016,  according to the Deputy Governor of the…
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