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Investor confidence in Egypt is showing a “marked improvement,” EFG Hermes Group CEO Karim Awad said at EFG Hermes’ Egypt Day conference yesterday.
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The Egyptian Financial Regulatory Authority (FRA) has approved a mandatory tender offer (MTO) submitted by a consortium of Aldar Properties and ADQ to acquire up to 90% and a minimum of 51% of the…
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Egypt has assumed the chairmanship of the Common Market for Eastern and Southern Africa (Comesa), a regional trade bloc that looks to align regulatory and trade policies of its 21 members
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The Egyptian government intends to list five to six new companies on the Egyptian Exchange (EGX) by the end of 2021, Prime Minister, Mostafa Madbouly announced.
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E-commerce platform Jumia Egypt as well as the fintech electronic payments provider JumiaPay have partnered with valU to enable a new online payment service, according to a press release
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 Egypt's exports to the Common Market for Eastern and Southern Africa (COMESA) amounted to $2.3 billion during the first nine months of 2021, up 32.4% year-on-year (YoY) from $1.7 billion.
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The Egyptian President asserted that COMESA member states should develop policies and adopt action plans that facilitates and encourages the government and private sector integration in a way that…
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The net profit of saib recorded $14.167m in September 2021, compared to $13.184m in September 2020, an increase of 7%.
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The Abu Dhabi Commercial Bank – Egypt (ADCB) has collaborated with SAS Institute for data management and advanced analytics to implement Egypt’s first AI-powered fraud detection solution aimed at…
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Egypt’s EFG Hermes has officially become a universal bank after finalising its acquisition of a 51 percent stake in the Arab Investment Bank (aiBank) in partnership with the Sovereign Fund of Egypt…
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