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Egypt’s agricultural exports amounted to about 5.2 million tonnes during the period from January to November 2021, recording an increase of about 600 tonnes from the same period last year, according…
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Abu Dhabi Commercial Bank (ADCB) has completed the sale of its 20% stake in Egypt-based Orient Takaful to Orient Insurance Company.
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The National Bank of Egypt (NBE) has launched, for the first time in the Egyptian banking market, its new electronic payment service for corporates, “B2B”, whether large, medium, or small wholesalers,…
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Egypt’s manufacturing and extractive industries index went up 2.2% to record a reading of 116.05 in September from 113.56 in August, according to official data on Thursday.
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Orascom Construction announced on Wednesday it had joined a consortium with Fertiglobe, Scatec, and the Sovereign Fund of Egypt (TSFE) to develop Egypt’s first ever green hydrogen production facility.
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Commercial International Bank have approved the allocation of USD 70 mn in proceeds from its maiden green bond issuance to fund sustainable projects, the bank announced
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The Central Bank of Egypt will help fund the government’s push to reduce the amount of water used by Egyptian agriculture, announcing a multi-bn EGP program to help farmers switch to modern, more…
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Investor confidence in Egypt is showing a “marked improvement,” EFG Hermes Group CEO Karim Awad said at EFG Hermes’ Egypt Day conference yesterday.
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The Egyptian Financial Regulatory Authority (FRA) has approved a mandatory tender offer (MTO) submitted by a consortium of Aldar Properties and ADQ to acquire up to 90% and a minimum of 51% of the…
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Egypt has assumed the chairmanship of the Common Market for Eastern and Southern Africa (Comesa), a regional trade bloc that looks to align regulatory and trade policies of its 21 members
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