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Financial Institutions
Egypt to launch new tourism investment opportunities in Assiut – FinMin
Egypt’s ministry of finance said on Monday it will launch a second package of investment opportunities in the Upper…
Egypt’s c.bank chief says S&P upgrade signals confidence in economy, reforms paying…
Central Bank of Egypt (CBE) Governor Hassan Abdalla said Monday that S&P Global Ratings’ decision to upgrade…
EU hails Sharm El-Sheikh Gaza peace deal as ‘historic milestone’ pledges support
European Commission President Ursula von der Leyen said Monday the finalisation of a peace agreement ending the war…
UK to unveil £20m for Gaza aid at Egypt peace summit
British Prime Minister Keir Starmer will announce £20 million ($25 million) in new aid for water, sanitation and…
China’s foreign trade up 4% in 9 months
China’s total goods trade grew by 4 per cent year on year (YoY) to 33.61 trillion yuan (around $4.73 trillion) in…
Fitch affirms Egypt’s rating at ‘B’ with stable outlook
Fitch Ratings has affirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’, maintaining a…
Egypt re-elected to chair Arab Labour Organisation board for another year
Egypt has been unanimously re-elected to chair the Board of Directors of the Arab Labour Organisation (ALO) for a…
S&P upgrades Egypt to ‘B’, citing reform gains, stronger growth outlook
S&P Global Ratings on Friday upgraded Egypt’s long-term sovereign credit rating to ‘B’ from ‘B-’, citing…
Egypt’s c.bank launches Banking Reform and Development Fund
Egypt’s central bank has launched the Banking Reform and Development Fund and appointed an eleven-member board for…
Egypt launches new tugboats as part of Suez Canal fleet modernisation drive
Egypt launched two new tugboats, Azm 3 and Azm 4, as part of the Suez Canal Authority’s (SCA) plan to modernise its…