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Egypt’s second-largest state lender Banque Misr has collected 87 billion pounds ($4.75 billion) from the high-yielding savings certificates it introduced eight days ago, said chairman Mohamed…
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Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) said on Monday it plans to hike its issued and paid-up capital to 5 billion Egyptian pounds ($273.2 million) at the end of next August.
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Egypt has lowered its GDP forecast in 2022 to around 5.7 percent from 6.4 percent due to the effects of Russia’s war in Ukraine, planning minister announced
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Egypt signed a loan agreement with the French government for EUR 776.9 mn to fund the 55 new trains for Cairo Metro Line 1 being supplied by French manufacturer Alstom, according to a cabinet…
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The European Investment Bank (EIB) is currently on an official visit to Egypt, where the bank’s delegation will meet with a number of ministers and officials of the Egyptian government to discuss…
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The Agricultural Bank of Egypt (ABE) announced an increase in agricultural credit categories by 25% to support small-scale farmers in the face of price hike of production and operating inputs.
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the Central Bank of Egypt (CB) launched several initiatives and measures to support financial inclusion and the economic empowerment of women in all sectors since 2016
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Egypt lifted on Sunday a ban on Ramadan charity banquets, ending a two-year suspension on the popular tradition due to the COVID-19 pandemic.
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A trade mission started a tour in Egypt on Sunday, the British embassy in Cairo announced according to Ahram online.
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Egypt imports 100 million barrels of oil per year, according to the Prime Minister, Moustafa Madbouli, adding that the cost of a barrel of oil was $60 a few months ago, and it has reached $120 now;…
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