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The Commercial International Bank – Egypt (CIB), has launched Bedaya accounts for self-employed individuals and micro and small business sectors.
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The net foreign assets of the Egyptian banking system, including the Central Bank of Egypt (CBE), rose to $11.076bn in September 2021, compared to $10.081bn in August 2021.
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An Egyptian expat insurance program will come into effect as of January 1, 2022, the Financial Regulatory Authority (FRA) announced.
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Commercial International Bank (CIB) Egypt has played an integral role in the early adoption of digital technologies over the past few years.
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Egypt’s President Abdel Fattah al Sisi has thanked German Chancellor Angela Merkel for her efforts and cooperation during her term in office, which helped enhancing partnership between Egypt and…
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Exports of ready-to-wear garments increased during the first half of this year by 48%, to record $918 million, compared with $630 million during the same period last year.
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Egypt’s transport technology start-up SWVL announced on Wednesday it entered into a merger agreement with U.S. special purpose acquisition company Queen’s Gambit Growth Capital, a step that would…
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US construction giant Bechtel will lead the design and construction of the USD 7.5 bn petchem complex being built by the Red Sea National Refining and Petrochemicals Company in the Ain Sokhna…
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Mohamed Maait, Egypt’s Minister of Finance and Chairperson of the General Authority for Comprehensive Health Insurance, said that efforts are being made to strengthen the partnership between the…
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Egypt's headline inflation registered 112.9 points in May, up by 0.6% month-on-month (MoM), according to data by the Central Agency for Public Mobilization and Statistics (CAPMAS).
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