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Food industries sector contributes to 24.5% of GDP – official
The Food industries sector represents 14 percent of the total export sector and 24.5 percent of the total GDP, Ashraf El Gazairly, head of the Chamber of Food Industries in the Federation of Egyptian…
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Turkey rebrands as “Türkiye” after UN approval
Turkey will be known as “Türkiye” at the United Nations (UN) after it approved on Wednesday the Turkey’s government request to change the name aiming to increase the country’s brand value.
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Egypt to share 30 mln shots of COVID vaccines with Africa, Sisi says
Egypt will donate 30 million doses of coronavirus vaccines to African countries, President Abdel-Fattah El-Sisi announced while addressing Africa Health ExCon, the first African health conference,…
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Moody’s decision to affirm Egypt’s credit rating shows economy’s resilience; Maait
Moody's decision to affirm Egypt's credit rating despite the complex external shocks facing the global economy and emerging countries is "a very positive decision.", according to Minister of Finance…
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Egypt’s economy grows by 5.4% during 3Q2021-2022
Egypt’s economy grew at a 5.4% clip in 3Q2021-2022; its slowest pace yet this fiscal year, as fallout from the war in Ukraine begins to reflect on the economy, according to a cabinet statement.
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Africa Health ExCon will showcase latest medical solutions
Africa Health ExCon is Africa's largest medical conference and exhibition, according to Adel Adawy, Africa Health ExCon Chairman and the former Egyptian Health Minister.
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Egypt’s Sovereign Fund becomes a full IFSWF member
The International Forum of Sovereign Wealth Funds (IFSWF) — a global network of sovereign wealth funds from over 40 countries — admitted the Sovereign Fund of Egypt (TSFE) as a full member along with…
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Egypt’s PM discusses enhancing industrial cooperation opportunities with UAE, Jordan
Egypt’s Prime Minister Mostafa Madbouly met with Minister of Trade and Industry Nevine Gamea and other Egyptian officials to review means of enhancing cooperation with UAE and Jordan in the industry…
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Fitch Solutions revises Egypt’s real GDP growth slightly
Fitch Solutions revised up Egypt’s real GDP growth forecast by 0.1 percent for 2022 to reach 5.6 percent, up from the 5.5 percent it projected in April, according to Fitch Solutions’ MENA Monthly…
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Egypt plans to issue $500 green, development bonds by next FY: Kouchouk
Egypt plans to issue green and development bonds worth more than $500 million within the next financial year, which starts in July, deputy finance minister Ahmed Kouchouk told CNBC Arabia.
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