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AfDB approves €83 million loan for Egypt electricity sector
The board of the African Development Bank (AfDB) approved on Wednesday an €83 million (around $100 million) loan to…
Savills: Egypt’s real estate sector remains attractive backed by resilient economy
Egypt’s real estate sector is maintaining its position and is regarded as an attractive investment, backed by the…
Egypt’s three biggest state lenders to launch new investment fund
Egypt’s three biggest state banks, the National Bank of Egypt (NBE), Banque Misr, and Banque du Caire will jointly…
Egypt’s Sawiris eyes digital banking licence at home
Egyptian business tycoon Naguib Sawiris said on Tuesday he is seeking to apply for a digital banking licence in…
Egypt to decide winner of new capital intelligent traffic system tender in August
Egypt plans to choose a winning bid in early August of this year from among 15 companies competing to develop an…
Fitch: Egypt’s GDP growth to reach pre-pandemic level of 6% in 2022
Fitch Ratings on Sunday forecasted Egypt’s GDP to reach pre-pandemic growth levels of 6 percent, the highest…
Egypt, France sign €1.7 billion financing deals
Egypt has signed on Sunday €1.7 billion ($2.06 billion) worth of financing deals with France to fund projects in…
Kuwait Insurance board approves launch of Egypt insurance life unit
Kuwait Insurance Company said on Sunday its board approved plans to launch a life insurance unit in Egypt.
Egyptian parliament to discuss state 2021/22 new budget today
The Egyptian parliament, the country’s House of Representatives, will start Sunday discussing the new state budget…
Emaar Misr Q1 profits jump 113.7%
Emaar Misr, the Egyptian unit of UAE property conglomerate Emaar Properties, reported on Sunday a 113.73 percent…