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EFG Hermes’ investment banking division, the leading investment banking franchise in Frontier Emerging Markets (FEM), announced today that it has successfully closed the sixth issuance, worth EGP 170…
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Egypt’s finance minister said that 27,000 importers have since October registered with the National Single Window for Foreign Trade Facilitation “Nafeza”, a government online platform that covers 95…
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The Suez Canal Bank participated — with a value ranging from EGP 195m to EGP 200m — in the securitisation processes of two financial leasing and mortgage finance companies.
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Egypt’s readymade garment and apparel exports increased by 38% from January to the end of November 2021, according to the Head of Readymade Garments Export Council of Egypt (RMGEC) Marie Louise.
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Egypt’s Minister of Finance Mohamed Maait said that the government has distributed EGP 957.4 million in export subsidies to 455 exporting companies as part of the fourth phase of immediate payment…
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Egypt's food exports jumped by around 18% to $3.8 billion during the first eleven months (11M) of 2021, compared to $3.2 billion in the year-ago period according to local press
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The economies of Nigeria, South Africa, and Egypt – make up about half of Africa’s economic output measured by Gross Domestic Product (GDP) in nominal terms.
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The Central Bank of Egypt (CBE) said that the net foreign assets of the local banking system rose by equivalent of EGP 23.923bn to about EGP 186.313bn in September 2021, compared to about EGP…
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The Egyptian Commercial Service has made available 1,189 export opportunities with an estimated value of $1.086 billion in the sectors of agricultural crops, food products, fertilizers, building…
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Egypt’s exports are expected to exceed $31 billion during 2021, after recording $29.087 billion during the first 11 months of the year with an annual increase of 27 percent, or $6.2 billion, according…
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