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The National Bank of Egypt (NBE), Banque Misr, and Banque du Caire are planning to launch a fund to support financial technology startups with a minimum capital of EGP 1 billion in October, according…
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Palm Hills Developments announced that its wholly-owned subsidiary Palm Hills for Investments and Real Estate Development signed a syndicated loan agreement worth EGP 2.5 billion with Banque Misr and…
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The Central Bank of Egypt (CBE) approved the provision of licences for contactless payments through mobile phones as part of the government's strategy to support financial inclusion and digital…
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Shell Egypt and Shell Austria, subsidiaries of Royal Dutch Shell, have completed the sale of their upstream assets in Egypt’s Western Desert to a consortium made up of subsidiaries of Cheiron…
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Nasser Alshaali has been appointed Chairman of the Board of HSBC Bank Egypt S.A.E. (HSBC Egypt) with effect from 22 September 2021.
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Egypt  has obliged all online content creators (bloggers and vloggers) working in the country, are required to register for income tax, according to Chairperson of the Egyptian Tax Authority (ETA),…
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Egypt is planning to issue its second dollar-denominated bonds in 2021 on Thursday, in a bid to take advantage of low borrowing costs before the US Federal Reserve decides to reduce its monetary…
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An Egyptian trade mission, with the participation of 15 Egyptian companies, has visited Zambia with the aim of increasing exports to the African market and better identifying the needs of the Zambian…
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The Egyptian Minister of Finance, Mohamed Maait, announced the launch of the pilot operation of the electronic receipt system which will be fully implemented in six months and a half. 
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Saudi Telecom Co (STC) seems to have resumed talks with Vodafone to buy its stake in Vodafone Egypt as the Saudi teleco is seeking a$1.1 billion loan to proceed with the deal, according to Telecom…
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