News

The OPR screens revealed on Wednesday that about 97% of the target shares responded to an offer from Expedition on Arab Food Industries (Domty) of 93 million shares out of about 96.18 million shares…
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Egypt’s trade balance deficit decreased $3.21 billion in June compared to $3.66 billion during the same period last year, according to data released on Monday from Central Agency for Public…
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Minister of Environment Yasmine Fouad said that African countries need funding estimated at about 20 to $50bn annually in order to be able to work on the 1.5° Celsius scenario.
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Egypt's annual inflation rate registered 15.30% in August 2022, compared to 6.40% in the same month in 2021.
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Ghabbour Auto (GB Auto) said the board of its 99.99%-owned subsidiary, GB Capital for Financial Investments, agreed to negotiate entering into an agreement with Chimera Abu Dhabi to indirectly sell…
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Egypt decided to set new regulations governing customs duties that were reduced on 150 types of imported production inputs in a bid to stimulate national industry and maintain employment rates,…
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Egypt has set up a pre-IPO fund, with the aim of holding public stakes and working with strategic investors ahead of public offerings, Egypt’s Minister of Planning and Economic Development, Hala…
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Egypt intends to cooperate with Japan to issue green samurai bonds, Minister of Finance, Mohamed Maait announced
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Egypt has pledged to the International Monetary Fund (IMF) to attain the overall budget deficit at six percent of GDP and to raise the initial surplus by 1.6 percent in FY 2022/2023, Minister of…
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Egypt is set to start in 2023 the experimental operation of a new spinning factory, described by the government as the world's largest factory, located in the Nile Delta’s El-Mahalla city, according…
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