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Shareholders in South Africa’s largest mobile operator Vodacom Group have approved on Tuesday a deal to buy a 55 percent stake in the Egyptian unit of parent Vodafone for $2.73 billion in a cash.
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Egypt's non-petroleum exports have increased by 26 percent reaching $32.128 billion in 2021 up from $25.427 billion in 2020, according to the Trade and Industry Ministry
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Abu Dhabi Commercial Bank – Egypt (ADCB) has announced increasing its capital to EGP 5bn, thus complying with Law No. 194 of 2020 that stipulates that the minimum capital for banks operating in the…
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Misr Petroleum’s gas stations will be offering all financial services of Khales, the digital payments arm of e-Finance, including cash collection and withdrawal as well as e-purchases.
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Egypt has provided finances to 3.5 million beneficiaries of micro, small and medium enterprises compared to 3.2 million beneficiaries at the end of 2020, increasing by 9.4 percent at the end of 2021,…
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The Central Bank of Egypt (CBE) announced a remarkable increase in bank deposits by around 114 billion pounds at the end of October to reach 6.191 trillion pounds against 6.077 trillion pounds in…
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Egypt's non-oil exports increased by 27.1 % year-on-year (YoY) to $7.7 billion in the third quarter (Q3) of 2021, according to the quarterly report of the Cabinet's Information and Decision Support…
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EFG Hermes Pakistan, a subsidiary of EFG Hermes Holding, announced today that it has been named Best International Brokerage Firm in Pakistan for the first time in the 32nd annual Asiamoney Brokers…
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The Egyptian government aims to float several companies on the Egyptian Stock Exchange during the next year, including companies affiliated to the Armed Forces that operate in the civilian economic…
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The Egyptian Ministry of International Cooperation has secured around $10.27 billion of development financing for various economic sectors in the country during 2021.
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