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Financial Institutions
Egypt’s FRA: Non-banking financing hits EGP 283.6bn in Q1 ’25
Egypt’s Financial Regulatory Authority (FRA) reported that total financing provided through entities under its…
Egypt named guest of honour at 20th China International SME Fair
Egypt will participate as Guest of Honour at the 20th China International Small and Medium Enterprises Fair…
Egypt steps up reforms to secure next EU funding tranche
Egypt is accelerating the implementation of structural reforms as it seeks to unlock the second tranche of a €5…
Egypt Cabinet approves amendments to ease built property tax burden
Egypt’s Cabinet approved on Wednesday a draft law amending provisions of the Built Real Estate Tax Law, a move…
Egypt to launch 10-Year national investment map in 3 months
Egypt plans to roll out a comprehensive 10-year national investment map within three months, featuring fully…
UAE’s Mubadala launches USD sukuk
Abu Dhabi’s Mubadala has opened orders for a 10-year U.S. dollar-denominated sukuk, tapping global debt markets…
Egypt, Swedfund ink deal to support power grid, sustainable transit projects
Egypt signed a letter of intent with Swedish development finance institution Swedfund to deepen cooperation in the…
AfDB cuts Africa’s ’25 growth forecast to 3.9%
The African Development Bank (AfDB) has cut its 2025 economic growth forecast for Africa to 3.9 per cent, down from…
IMF hails Egypt’s tax, customs reforms; urges further steps
The International Monetary Fund has welcomed Egypt’s recent efforts to modernise and streamline tax and customs…
IMF raises Egypt’s growth forecast to 3.8%
The International Monetary Fund (IMF) has raised Egypt’s growth forecast for fiscal year 2024/25 to 3.8 per cent,…