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The Commercial International Bank – Egypt (CIB) reported consolidated net profits of 10.23 billion Egyptian pounds in 2020, down by 13.24 percent year-on-year (YoY) from 11.8 billion pounds,…
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EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), kicked offits3rd Virtual Investor Conference today.
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EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that its Investment Banking team has successfully completed advisory on Alkhorayef Water…
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The Egyptian Exchange (EGX) plans to launch a new index to track the performance of small- and medium-sized enterprises (SMEs) during this year. The “Tamayoz” index will include the best SMEs in…
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Ibrahim Al-Araby, head of the Federation of Egyptian Chambers of Commerce (FEDCOC), has announced a package of measures to support the tourism sector in South Sinai.
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Egypt counts on the private sector to raise growth levels through its investments in the government's projects and initiatives, said Prime Minister Mostafa Madbouly.
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Egyptian finance ministry is aiming at offering all support and facilities necessary to encourage importers to join the Advanced Cargo Information (ACI) system, Head of the Customs Authority Kamal…
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All fees paid by MSMEs to process e-commerce payments from the National Bank of Egypt will be suspended through the end of June 2021, the bank said in a statement.
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Housing and Development Bank (HDB) achieved consolidated net profits of  2.06 billion Egyptian pounds in 2020, down by 7.37 percent year-on-year (YoY) from  2.22 billion pounds, the unaudited…
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Members of a mammoth African free trade area (AfCFTA) are expected to finalise essential rules of origin by June, an official said.
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