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Infinity company is currently building an energy platform across Africa, and is expected to IPO in the near future.
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Fitch Solutions predicts that Egypt is among five emerging markets that may not witness recovery in their tourism sector in 2021 amid COVID-19 repercussions
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The Central Bank of Egypt (CBE) and the Financial Regulatory Authority (FRA) have agreed, during an expanded meeting, to establish a fund to finance financial intermediation companies.
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The UK will establish a new finance facility, located in Egypt, that aims to reinforce trade ties between the two countries, particularly in the exports sector, said Emma Wade-Smith, the UK’s Trade…
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The International Finance Corporation (IFC), a member of the World Bank Group, is cooperating with the Egyptian Fintech Association to support financial technology (fintech) entrepreneurs as part of a…
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The Central Bank of Egypt (CBE) issued new set of regulations for banks to facilitate measures required for opening new bank accounts for citizens.
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Abu Dhabi Islamic Bank Egypt (ADIB Egypt) reported on Wednesday positive consolidated financial results for the financial year ending December 31, 2020 despite the many economic challenges of that…
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The World Bank plans to focus on improved governance, private sector job creation and social inclusion in Egypt under its 2021-2025 Country Partnership Framework, which the bank is currently drawing…
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The Agricultural Bank of Egypt (ABE) has commenced a restructure plan to develop the Egyptian Company for Agricultural and Rural Development has commenced, the bank’s chairperson Alaa Farouk revealed.
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The Central Bank of Egypt (CBE) has extended the exemption period for rice, lentils, and beans from the 100 percent cash cover requirements for one year ending on 15 March 2022.
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