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Business
Egypt, Sri Lanka, Tunisia will have debt talks with the IMF – chief
The International Monetary Fund (IMF) will meet with nations including Egypt, Sri Lanka, and Tunisia to discuss the…
World Bank keeps Egypt’s real GDP growth at 5.5% in 2021/2022
The World Bank (WB) decided to maintain Egypt’s real GDP growth at 5.5 percent for the financial year 2021/2022,…
Egypt aims to host 2023 annual Asian Infrastructure Investment Bank meeting
Egypt plans to host the eighth annual meeting of the board of governors of the Asian Infrastructure Investment Bank…
Standard Chartered exits seven businesses in Africa, Mideast to focus on Egypt, Saudi…
Britain’s Standard Chartered Bank is planning to exit its operations in seven countries in Africa and the Middle…
UAE’s First Abu Dhabi Bank withdraws acquisition offer for Egypt’s EFG Hermes
First Abu Dhabi Bank (FAB), the UAE’s biggest lender by assets, withdrew its offer to acquire a majority stake in…
UAE’s ADQ confirms acquisition of Egyptian firms, including CIB bank
Abu Dhabi’s wealth fund ADQ confirmed on Wednesday its acquisition of stakes in five companies listed on Egyptian…
Egypt’s CIB bank shares worth $911.5 million sold in block deal – EGX
Egypt’s largest private lender Commercial International Bank (CIB Egypt) saw a block deal of 340.09 million shares…
UAE’s ADQ buys stakes in five Egyptian companies for $1.5 billion, including CIB
Abu Dhabi’s wealth fund ADQ has acquired stakes in five companies listed on the Egyptian stock exchange (EGX) for…
Egypt allocates areas for green hydrogen production in Suez Canal Economic Zone – PM
Egypt has allocated areas for green hydrogen production in the Suez Canal Economic Zone (SCZone), according to…
Egypt, EU agree to boost cooperation on LNG, green hydrogen
Egypt and the European Union have agreed to enhance cooperation in natural gas and green hydrogen following a…
