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The Central Bank of Egypt (CBE) will be reviewing the key interest rates as The Monetary Policy Committee (MPC) is holding its third meeting  2021 on Wednesday.
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The Egyptian Transport and Commercial Services Co (Egytrans) signed a partnership agreement with accelerator hubs pmaestro and CashCows to launch and manage Egytrans Startup Factory, a logistics…
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Financial Regulatory Authority (FRA) has held an online meeting to discuss ways to overcome obstacles, and presented proposals to develop the financing activities for MSMEs.
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 Elsewedy Electric Co, subsidiary Elsewedy Electric for Trading and Distribution, signed a new engineering, procurement, and construction (EPC) contract with Hitachi to establish the Delta Regional…
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Orascom Construction has added $650 million new contracts to its backlog during the first quarter (Q1) of 2021, up 8 percent when compared to the year-ago period.
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Export Development Fund issued 583 export certificates with total subsidies worth 2.7 billion Egyptian pounds or a net value of 2.5 billion Egyptian pounds ($159,4 million) after deducting tax and gas…
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The budget deficit is expected to narrow to 6.7 percent of GDP, from an expected 7.7 percent in the current fiscal year, before falling to 6.2 percent in FY 2022-2023, according to The Ministry of…
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Raya Holding for Financial Investments announced the sale of 9 million shares of its 99.8%-owned subsidiary Aman Electronic Payment Technology to the National Bank of Egypt (NBE).
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Egypt’s engineering exports have increased by 30% in the first quarter (Q1) of 2021, recording $739m compared to $567.3m in Q1 of 2020, according to the Engineering Export Council of Egypt (EECE)
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Egypt’s total external debt jumped to $125.3 billion by the end of the first quarter (Q1) of the current FY2020/2021, up about $1.8 billion year-on-year, according to the Central Bank of Egypt.
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