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Egypt awards Eni five exploration licences
Eni announced on Monday it has been awarded five new exploration licences by the Egyptian Ministry of Petroleum,…
EU, Top 50 Women, NCW Egypt’s first women summit
Top 50 Women Forum has organised this week Egypt’s first women summit under the rubric ‘Women in Public Life:…
International financial institutions share positive on Egypt’s economic outlook…
International financial institutions, including Standard Chartered, International Monetary Fund, and Fitch Ratings…
AfDB approves $27.2 million loan to establish Egypt’s Kom Ombo solar power plant
The African Development Bank’s (AfDB) Board of Directors approved on Wednesday a $27.2 million loan financing for…
Tender offer of Banque Misr for CI Capital starts today
Egypt’s stock exchange (EGX) announced on Sunday the start of Banque Misr’s tender offer for buying a controlling…
IIF expects Egypt’s economy to grow 2.3% in FY2020/2021
Egypt’s economy is expected to grow 2.3 percent in the 2020/2021 financial year ending in June, The Institute of…
IMF chief lauds Egypt economic response to coronavirus crisis
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva lauded on Saturday efforts by…
EGX changes how it calculates closing share prices
Closing share prices on the EGX will be calculated according to the volume-weighted average, as long as this meets…
Egypt’s central bank removes CIB’s Hisham Ezz Al-Arab
Egypt’s central bank has removed on Thursday Hisham Ezz Al-Arab, chairman of Egypt’s Commercial International Bank…
FAB declines to comment on media report of restarting Bank Audi Egypt takeover talks
First Abu Dhabi Bank (FAB) declined to comment on Monday on media reports that said the UAE lender plans to restart…
