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Egypt, Cyprus discuss developments in the electrical interconnection project
Egypt and Cyprus officials discussed the latest developments in the power interconnection project between the two…
Banque Misr landed EIB’s €750 million coronavirus loan for SMEs in Egypt
The European Investment Bank (EIB) has approved a €750 million ($881.8 million) facility for Banque Misr to on-lend…
Sodic signs EGP 1.7bln construction contracts for its flagship EDNC
The leading real estate developer Sodic has so far signed 1.7 billion pounds in contracts with construction firmsin…
Phase I of Egypt’s new capital costs EGP150bln, will be finished by 2023
Egypt’s state-run New Administrative Capital Company for Urban Development (ACUD) is set to complete the…
Egypt’s Trade Ministry to make final decision on billet import fees
The Trade Ministry is due to decide before next Sunday 11 October whether to cut or extend anti-dumping duties of…
Orange Egypt, Etisalat Misr compete for 20 MHz offered separately by NTRA
Orange Egypt and Etisalat Misr are competing for another 20 MHz of bandwidth offered by the National…
Italy-based Azimut to launch its new Egypt-focused fixed income fund
Investors can subscribe to Italy-headquartered asset manager Azimut’s new Egypt-focused fixed income fund…
Egypt facilitates procedures for Foreign investors to apply for residence permits
Foreign investors will soon be able to apply for five-year renewable residence permits under amended regulations…
Hungarian Export-Import Bank earmarks €100 million for joint industrial projects in Egypt
The Hungarian Export-Import Bank Plc. (Eximbank) has earmarked €100 million ($117.2 million) to establish joint…
EBRD: Egypt only economy likely to escape coronavirus-linked recession in 2020
Egypt is the only economy across all of the European Bank for Reconstruction and Development’s (EBRD) regions to…