News

“Egypt is the first African country to issue green bonds,” Finance Minister Mohamed Maait told local press.
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 The board of Fawry for Banking Technology and Electronic Payments has approved to increase its issued capital by EGP 800 million and explore a listing in the US in connection with a potential…
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Shareholders in South Africa’s largest mobile operator Vodacom Group have approved on Tuesday a deal to buy a 55 percent stake in the Egyptian unit of parent Vodafone for $2.73 billion in a cash.
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Egypt has provided finances to 3.5 million beneficiaries of micro, small and medium enterprises compared to 3.2 million beneficiaries at the end of 2020, increasing by 9.4 percent at the end of 2021,…
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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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nnual urban inflation rose to 5.9% in December from 5.6% in November, ending a two-month downward trend despite a slowdown in food price inflation, according to figures released yesterday by…
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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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In Egypt, there are approximately six million state employees, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS)
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The Egyptian government plans to achieve a 5.7% economic growth rate of the gross domestic product (GDP) during fiscal year (FY) 2022/2023, Minister of Finance, Mohamed Maai said
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Egypt’s President Abdel-Fattah El-Sisi has reviewed Egypt’s key economic indicators throughout 2021 in a meeting on Monday with the country’s economic ministerial group chaired by Prime Minister…
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