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Egypt, Spain renews financial cooperation protocol worth €400M
Egypt and Spain has signed an agreement to renew the financial cooperation protocol with the Spanish government, worth €400 million.
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Egypt’s exports to Spain reach $937.5M in 8 months
Egypt’s exports to Spain hiked 66.7 percent during the first eight months of 2021, recording $937.5 million, compared to $562.3 million during the same period of 2020, according to data from the…
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Egypt-Spain trade exchange increased 23.8% in 9M
The trade exchange between Egypt and Spain increased by 23.8% to EUR 1.96 billion during the first nine months (9M) of 2021 from EUR 1.58 billion in 9M-20, Egypt’s Minister of Trade and Industry,…
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Egypt to issue T-bills, bonds worth EGP 195.25bn in December
The Egyptian government aims to issue treasury bills (T-bills) and bonds worth EGP 195.25bn during December 2021, as part of a larger plan that includes offering local debt instruments worth EGP…
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China accounts for 20% of Africa’s foreign trade: UACCIAP
China is the main trading partner of Africa, accounting for nearly 20% of the continent’s foreign trade, according to Ibrahim El-Araby, President of the Union of African Chambers of Commerce,…
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Egypt seeks to boost SMEs contribution to national economy Official
Egypt is eyeing bigger contribution by SMEs to the national economy in order to reach 80 to 90 percent as in some major countries noting that in Egypt it only stands at 20 percent, according to the…
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Egypt hosted a delegation of VIP importers to boost the Engineering sector’s exports
The ministry of trade and investments has inaugurated HATS Egypt Exhibition the first and only Exhibition in the Middle East specialized in Home Appliances, Kitchen & Tableware and Hotel…
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Intra-African Trade Fair generates $42.1bn trade, investment deals
The second Intra-African Trade Fair (IATF 2021) generated a record $42.1bn trade and trade-related investment deals, according to the latest tally released today by the IATF Advisory Council. The…
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Egypt’s Housing Bank consolidated net profits down 4.5% in 9M
The initial financial results of the Housing and Development Bank (HD Bank) showed a 4.5% decrease in net profits after tax at EGP 1.58 billion during the first nine months (9M) of 2021 from EGP 1.65…
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Egypt targets $7bln exports to Africa in 2022
The Egyptian government plans to increase the value of exports to Africa to $7 billion in 2022 as part of a broader plan to boost trade with the continent, the cabinet said in a statement.
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