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World Bank: Egypt’s real GDP to grow 5.5% in FY 2022/23
Egypt’s real gross domestic product (GDP) will grow 4.5 percent in the financial year 2021/2022 – down from…
Poland chooses Egypt for first overseas industrial zone
Poland is choosing Egypt to build its first overseas industrial zone, as it will be in Egyptian canal city of Ain…
Egypt is on short list of partner countries for U.S. COVID-19 vaccines: embassy
The U.S. embassy in Cairo announced on Sunday that Egypt would be on the short list of partner countries to receive…
Egypt’s trade deficit falls 25.2% in March – CAPMAS
Egypt’s trade deficit fell 25.2 percent year-on-year to $2.69 billion in March from $3.59 billion in the same month…
Egypt Post targeting IPO for its private equity arm
Egypt Post is planning an initial public offering (IPO) for its private equity arm Post for Investment (PFI) on the…
Egypt’s United Bank secures Afreximbank $600 million loan to support SMEs – sources
African Export-Import Bank (Afreximbank) will loan Egypt’s United Bank $600 million for on-lending to support small…
Orascom, Metito hand over desalination plant in East Port Said
A consortium of Egypt’s Orascom Construction and UAE water and wastewater project developer Metito has delivered a…
Egypt’s two biggest banks partner to form urban development JV
Egypt’s two biggest state banks, the National Bank of Egypt (NBE) and Banque Misr have set up a new joint venture…
Egypt’s parliament approves sovereign sukuk law
Egypt’s parliament approved on Sunday a draft law to issue sovereign sukuk that aimed at up the state's financial…
Egypt to resume IPOs of state-run firms starting October – sources
Egypt’s government plans to resume its programme to sell stakes in state-run firms by the beginning of next…