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Egypt’s Commercial International Bank announced the launch of new premium savings certificates with three- and four-year terms in EGP within the framework of its plan to develop a package of long-term…
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The Monetary Policy Committee (MPC) decided to raise the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation by 200 basis points to 11.25…
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Qalaa Holdings’ Taqa Arabia has acquired the LNG arm of Egyptian-bases energy firm Rosetta Energy, it said in a statement .
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Egypt is preparing an initiative to develop energy transition in Africa – supplying energy from renewable sources – in cooperation with the African Union and African energy ministers, to be launched…
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Egypt’s anticipated programme with the International Monetary Fund (IMF) will target preserving the country’s gains from the previous economic reform programme, Minister of Finance Mohamed Maait said…
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A group of Egyptian importers, represented by the Federation of Egyptian Chamber of Commerce (FECC), the Federation of Egyptian Industries (FEI), and Egyptian Businessmen’s Association (EBA), have…
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Egypt and Russia are in talks for a partnership to establish a logistic free zone in Cairo to store grains, which would greatly contribute to food security in Egypt while also benefiting neighboring…
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Egypt’s non-petroleum exports have increased by 26% year-on-year (YoY) to $26.9 billion during the first 10 months (10M) of 2021, compared to $21.35 billion in January-October 2020,  according to…
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Edita Food Industries has pumped investments worth EGP 200 million to date in the Moroccan market, enhancing its first project in the country.
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Bolstering economic cooperation with African countries is a prime concern for Egypt and is in line with the presidential directives that call for encouraging investments and cementing integrated…
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