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Egypt plans to issue Chinese yuan-dominated bonds: minister
Egypt plans to issue its Chinese yuan-dominated bonds, a step aimed to diversify funding for the economy and…
Egypt’s Mylerz gets $9.6mln in funding round
Mylerz, Cairo-based parcel delivery company, announced on Wednesday that it had raised $9.6 million in a funding…
Egypt’s government to hold international economic press conference
Egyptian Prime Minister Mostafa Madbouly announced on Wednesday, that Egypt is set to hold an international press…
Gold prices in Egypt on May 11
Gold prices today in Egypt decreased slightly on Wednesday as the global prices of the yellow metal stood at…
Mega tech companies lose more over $1 trillion
The world’s largest technology companies had lost over $1 trillion in value in just three trading sessions.
EBRD raises Egypt’s GDP growth forecast to 5.7% in FY2021-22
The European Bank for Reconstruction and Development (EBRD) raised its forecast for Egypt’s GDP growth during the…
Egypt, EU sign grants worth €138 million
Egypt has signed on Monday EU development financing grants worth €138 million ($145.6 million) designed to cover…
EBRD, Amethis, SPE Capital acquire Egyptian fintech GlobalCorp
A consortium of the European Bank for Reconstruction and Development (EBRD), France’s Amethis – member of Edmond de…
Egypt’s Paymob Raises $50m in April
Egyptian fintech firm Paymob, which enables merchants to receive digital payments online and in-store, announced on…
Apex starts production from Fajr-8 development well in Egypt’s Western Desert
Apex International Energy has commenced on Sunday production from Fajr-8 development oil well in Egypt’s Western…
