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Financial Institutions
Egypt’s GDP growth accelerates to 4.3% in Q2-FY2024/25
Egypt’s GDP growth rate accelerated to 4.3 per cent in the second quarter of the 2024/2025 fiscal year, up from 2.3…
Egypt signs agreement with IFC to boost private sector role in airports
Egypt has signed on Tuesday an advisory services agreement with the International Finance Corporation (IFC) to…
Egypt’s development potential is enormous, human capital is key: Mahmoud Mohieldin
Egypt possesses vast potential for economic growth, said Mahmoud Mohieldin, UN Special Envoy on Financing the 2030…
MSMEDA, Banque Misr sign EGPE200m small business financing deal
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) signed a 200 million Egyptian pound financing…
Fitch Ratings: Kuwait’s liquidity law boosts fiscal flexibility
Kuwait’s approval of a long-delayed financing and liquidity law is expected to improve fiscal flexibility and…
OECD: Global debt surges to $25t in 2024
Governments and corporations borrowed a record $25 trillion from markets in 2024, $10 trillion more than pre-COVID…
World Bank approves $600m for Morocco’s social, climate resilience reforms
The World Bank has approved a $600 million financing package for the final phase of Morocco’s Strengthening Human…
Egypt’s economy on track for continued growth – minister
Egypt’s economy is showing continued growth momentum, with preliminary indicators pointing to further improvement…
Thndr wins FRA’s approval to offer full digital onboarding
Egyptian investment platform, Thndr announced on Tuesday that it had secured approval from the country’s Financial…
Egypt’s MSMEDA injects EGP11.9b into Upper Egypt small enterprises
Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) has provided 11.9 billion Egyptian pounds…