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Egypt’s diversified economy supports B2 credit rating – Moody’s
Egypt’s economic strength has supported its B2 issuer credit rating by Moody’s Investors Service.
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EFG Hermes subsidiary resumes its EGP 2 bn corporate bond program
EFG Hermes subsidiary, Hermes Securities Brokerage, sold a second 500 million Egyptian pounds tranche of unsecuritized bonds, resuming its EGP 2 bn two-year corporate bond program, according to a…
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Egypt to implement Arab Africa Trade Bridge programme in December
Egypt will start implementing the Arab Africa Trade Bridges (AATB) programme, which was launched by the International Islamic Trade Finance Corporation (ITFC), during this month, Egypt’s Minister of…
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Moroccan industry recovered from COVID-19 crisis
Moroccan industry is “doing well” and has recovered from the COVID-19 crisis, according to Minister of Industry Moulay Hafid Elalamy.
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Egypt’s MSMEDA finances small, micro-enterprises in Qena with EGP 37m during November
The Egyptian Micro, Small and Medium Enterprise Development Agency (MSMEDA) financed 539 micro- and small-sized enterprises with a total value of 36.88 million Egyptian pounds in November, the…
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Sisi discusses counter-terrorism cooperation in Africa’s Sahel with Mauritanian counterpart
Egyptian President Abdel-Fattah al-Sisi discussed with his Mauritanian counterpart, President Mohamed Ould Ghazouani, counter-terrorism cooperation in Africa’s Sahel area, the presidency said.
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Kenya, United Kingdom sign trade agreement
Kenya and the United Kingdom on Tuesday formally signed a trade agreement in London.
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Egyptian Commercial Service conducts study on increasing food industry exports to various countries
The Egyptian Commercial Service (ECS) has finalized a study on the growth opportunities of the country’s food processing exports to various countries, ESC Head Ahmed Ghamrawy said.
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Investment Law amendments offer new incentives in Egypt’s New Capital
The recent amendments to the Investment Law’s Executive Regulations have seen the New Administrative Capital (NAC) added to Sector (A) – areas most in need of development according to the investment…
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Egypt places 3rd in start-up investments in MENA in November: Wamda
Egypt has placed third in the value of investments poured into start-ups in the Middle East and North Africa (MENA) region in November, recording $6.6 million (20 percent of total investments invested…
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