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Money
Egypt’s core inflation rises to 5.8% in November – c.bank
Egypt’s year-on-year core inflation surged to 5.8 percent in November from 5.2 percent in October, the central bank…
EFG Hermes completes advisory on Egypt’s Abu Qir Fertilizers $143 million offering
Egyptian investment bank EFG Hermes announced on Thursday that it had completed advisory on Abu Qir Fertilizers’…
Egypt’s foreign reserves increase to $40.909 billion in November
Egypt’s net foreign reserves increased to $40.909 billion in November from $40.85 billion in October, a central…
Egypt’s PMI unchanged in Nov as higher inflation expectations weigh on: IHS
Egypt’s non-oil private sector activity shrank for the 12th month in a row in November as inflation expectations…
Banque Misr buys a stake in digital transformation firm Klayytech
Egypt’s second largest public bank Banque Misr has buoyed a stake in digital transformation company Klayytech, the…
Egypt’s economy grew 9.8% in Q1 FY2021-22, highest in two decades – Cabinet
Egypt’s economy grew by 9.8 percent in the first quarter of the financial year 2021-2022, the highest quarterly…
Egypt expects to receive $3 billion loan, in part for sustainable green projects – sources
Egypt is set to finalise a $3 billion loan to be used in part to finance sustainable green projects, three sources…
Egypt’s EFG Hermes becomes universal bank after aiBANK acquisition completion
Egypt’s EFG Hermes has officially become a universal bank after finalising its acquisition of a 51 percent stake in…
Orascom Development Holding aims to lower its CHF 454 million debt portfolio – exec…
Egypt’s Orascom Development Holding aims to decrease its current debt portfolio which is worth CHF 454 million…
Egypt’s central bank approves instant electronic payment regulations
Egypt’s central bank has approved on Monday regulations designed to enable people to make instant electronic…