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Money
Naeem gets regulator’s nod to launch Egypt’s first real estate fund
Cairo-based investment house, Naeem Holding announced Wednesday the establishment of the first Egyptian real estate…
AAIB bank, Germany’s SANAD Fund team up to form Egyptian microfinance firm
Cairo-based Arab African International Bank (AAIB) and SANAD Fund for MSMEs, part of the German state-run Kfw…
World Bank, IFC delegation to visit Egypt next week: minister
A senior delegation of the World Bank Group and the International Finance Corporation (IFC) will visit Egypt next…
Etisalat Misr launches $50 million political violence insurance policy tender
Etisalat Misr, the Egyptian arm of UAE telecommunications operator, has put out to tender a new political violence…
Egyptian banks sold $21 billion to cover imports since pound float – c.bank
Egyptian banks have provided $21 billion to cover import payments since the central bank devalued pound on November…
Egypt braces for smart health insurance systems – minister
Egypt is planning to provide health insurance electronically to citizens in three governorates as first phase,…
World Bank: ongoing works on four Egyptian waste management, energy schemes
The World Bank is currently working on four initiatives for agricultural waste management and solar energy in two…
Egypt’s pound shows Nigeria must overcome its fear of floating free – Reuters
A currency devaluation may do little to fix Nigeria's problems unless it follows the examples of emerging market…
Four leasing firms plan multi-million-pound loan for Egyptian property developer
A consortium of four Egyptian leasing firms is arranging a syndicating financing worth 450 million Egyptian pounds…
Egypt receives $5 bln in expats’ remittances in 3 months since pound float
Remittances from Egyptian expats rose 19.7 percent to record $5 billion during the period from November 2016 until…