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CI Capital acquires 27% stake in Cleopatra Hospitals – Banque Misr chief
CI Capital Holding for Financial Investments has acquired almost 27 percent stake in Cleopatra Hospitals in a deal…
IMF upgrades Egypt’s real GDP growth 2022 forecasts to 5.6%
The International Monetary Fund (IMF) upgraded its projections for Egypt’s real GDP growth for 2022 to 5.6 percent,…
Al Khair River starts trading on Egypt’s stock exchange today
Al Khair River for Development and Agricultural Investment and Environmental Services (KRDI) has started on Tuesday…
Hyundai Rotem-led consortium to build green hydrogen-tram in Egypt new capital
South Korea’s Hyundai Rotem has signed on Monday in consortium with Orascom Construction and France’s Colas Rail a…
Egypt signs World Bank $330 million loan to upgrade rail network
Egypt’s ministry of transport has recently signed a $300 million loan agreement with the World Bank geared towards…
Standard Chartered to open first branch in Egypt next Sept.– c.bank official
Britain’s Standard Chartered Bank will open its first branch in Egypt by next September at maximum, Egyptian…
KfW’s Green for Growth Fund wins licence to provide Tier II capital to Egyptian banks
German development bank KfW’s Green for Growth Fund (GGF) announced on Monday it had been granted a licence from…
German Thyssenkrupp nears deal to build Egypt green hydrogen plant – CEO
Germany's Thyssenkrupp is putting the final touches on memorandum of understanding (MoU) to build a green hydrogen…
Egypt’s stocks end lower on Monday as benchmark EGX 30 slides 0.34%
Egypt’s stock exchange (EGX) finished trading in red notes, with the benchmark EGX 30 index decreasing by 0.34…
Standard Chartered gets initial approval for first Egypt branch
Standard Chartered Bank has obtained preliminary approval from Egypt’s central bank to open its first branch in the…