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Egyptian property firm Palm Hills 2021 sales hit record
Egyptian property firm Palm Hills Developments said on Tuesday its sales reached an all-time high last year,…
Egypt negotiating $200 million loan from World Bank
Egypt is negotiating a 200 million loan from the World Bank to finance a project to link 6th of October dry port…
Egypt’s net foreign reserves inch up to $40.980 billion in January
Egypt’s net foreign reserves inched up to $40.980 billion at the end of January from $40.934 billion at the end of…
Crédit Agricole Egypt 2021 net profit grows 16.62%
Crédit Agricole Egypt, part of France’s second-largest bank Crédit Agricole, reported on Thursday a 16.62 percent…
Egypt’s central bank kicks 2022 with keeping key interest rates unchanged
Egypt’s central bank has kicked off 2022 with keeping its key interest rates unchanged on Thursday.
World Bank, IMF autumn meetings won’t be in Marrakesh but in Washington amid COVID…
The World Bank Group (WBG) and the International Monetary Fund (IMF) announced on Monday that their annual autumn…
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…
Global Economics names Contact Financial Holding the Fastest Growing Finance Company in…
The international publishing house, Global Economics awarded Contact Financial Holding (CFH) the Fastest Growing…
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,…
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…