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Egypt aims to increase public investments into green projects to 30 percent in fiscal yar 2021/2022 from 15 percent in FY20/21, according to The Egyptian Minister of Planning and Economic Development,…
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The Egyptian Minister of Supply and Internal Trade, Ali El-Moselhy, will lay the cornerstone of a new logistics zone in El-Dakahlia with total investments of 2 billion Egyptian pounds.
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Commercial International Bank (CIB) won the awards for Best Trade Finance and Best Cash Management Service Provider in Egypt.
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GlaxoSmithKline said that its majority shareholder Glaxo Group Limited and Hikma Pharmaceuticals have agreed to cease discussions about the potential acquisition of GSK’s assets in Egypt and Tunisia.
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Libra Capital, part of Cairo-based infrastructure investment firm Enara Group, said on Wednesday it signed an agreement for a 200 million Egyptian pound ($12.7 million) long-term loan from the Arab…
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Egypt’s long-term foreign currency issuer default rating (IDR) remains at B+ with a stable outlook, according to recent report from Fitch Ratings.
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Egypt’s National Institute for Governance and Sustainable Development (NIGSD), the training arm of the Ministry of Planning and Economic Development, will launch the second edition of the African…
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Egypt’s Prime Minister Mostafa Madbouly has announced that the transfer of government institutions to the New Administrative Capital (NAC) will start by next August.Egypt’s Prime Minister Mostafa…
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The Central Bank of Egypt (CBE) has announced that the country’s foreign debt increased to about $125.3bn in September 2020. The figure reflects a 1.5% hike, equivalent to about $1.8bn, compared to…
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Egypt’s AlexBank announced on Tuesday that it made profits before tax worth up to 3.178 billion Egyptian pounds ($202.1 million) during 2020 versus 4.443 billion pounds a year earlier.
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