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Morocco and Egypt have reached an agreement to exempt Renault cars produced in Tangiers from import fees, Moroccan outlet Hespress reported Industry and Trade Minister Ryad Mezzour as saying during a…
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Mobile wallets in Egypt increased by 27% year-on-year to 25 million in 2021, with 227 million transactions, almost double the volume of transactions in 2020, according to the Financial Regulatory…
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Abu Dhabi Islamic Bank (ADIB) Egypt has announced an increase in the issued and paid-in capital of the Abu Dhabi Islamic Consumer Finance (ADI-CF) — its new arm for consumer finance in Egypt — from…
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Minister of Trade and Industry Nevine Gamea inaugurated on Sunday the 18th edition of Egypt’s international plastics exhibition, PLASTEX, which will be running for the next four days and aims to…
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The National Bank of Egypt (NBE) announced that its pretax profit rose to 48.263 billion Egyptian pounds ($3.1 billion) in the July 2020 to September 2021 period.
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More than 100 investors at the Solar Energy Development Association (SEDA Egypt) sent a letter to the Minister of Electricity Mohamed Shaker calling for abolishing customs tariffs on imports of solar…
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The Central Bank of Egypt (CBE) has offered on Sunday, 9 January, treasury bills (T-bills) and bonds (T-bonds) at a combined value of EGP 21.25 billion through four auctions, according to official…
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 National Bank of Egypt (NBE) has won the first place as the top bank acting as a financing agent, main arranger, and marketer of syndicated loans in the Egyptian and African banking markets,…
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The Central Bank of Egypt (CBE) has revealed that the total banking deposits — in local currency —increased to EGP 4.388trn in November 2021, compared to October’s EGP 4.308trn.
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Egypt’s external debt declined slightly in September — the end of the first quarter (1Q) of the current FY2021/2022 — to record $137.4 billion, down from the $137.8 billion posted by the end of June —…
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