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Egypt’s annual urban inflation increased to 5.9% in December 2021 from 5.6% in November 2021, according to a report released by the Central Bank of Egypt (CBE).
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Egypt's Suez Canal Economic Zone (SCZone) announced that the authority is putting the final touches to activate bunkering and marine services in the economic zone within the coming months, according…
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The African Continental Free Trade Area (AfCFTA) Secretariat, African Export-Import (Afrexim) Bank, and other partners launched the Pan-African Payment and Settlement System (PAPSS) in a bid to boost…
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Egyptian banks’ Viability Ratings (VRs) could come under pressure if the banks’ foreign assets continue to drop, Fitch Ratings said in recent report
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 The total value of Egypt's exports has exceeded $31 billion in 2021, the Egyptian Minister of Trade and Industry, Nevine Gamea, announced on Sunday.
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Egypt’s Ministry of Finance will open submissions for the second round of the fourth phase of the initiative to repay exporters’ arrears from 30 January to 10 February, Minister of Finance Mohamed…
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Egypt is expected to sign a €300 million ($342.7 million) loan agreement with the European Investment Bank (EIB) and the French Development Agency (AFD) within this quarter to finance the Tanta-El…
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Egypt’s exports of medicines have risen unprecedently to 35 percent, for the first time in Egypt’s history, according to Tamer Essam, the Chairman of the Medicines Authority.
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The Arab African International Bank (AAIB) announced on Wednesday the signing of a five-year bancassurance agreement with AXA Egypt, offering enhanced, outstanding insurance services to its customers.…
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The World Bank has revised upwards its prediction for Egypt’s GDP growth by 0.5 percentage points to 5.5% for FY2021-2022.
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