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This initiative aims to offer affordable financing solutions for young entrepreneurs, with a particular focus on priority sectors that drive production and innovation.
Egyptians don’t seem pleased with their current employers, with only 29% of local respondents reporting feeling that they feel “very loyal” to their workplace in a recent survey Amazon to rebrand ...
Egypt’s House of Representatives has approved a revision to the state budget for the 2024/25 fiscal year, adding EGP 85 billion to cover increased interest expenses. This adjustment reflects the ...
Published during the Bank’s 32nd Annual Meetings in Abuja under the theme African Trade in a Changing Global Financial Architecture, the report noted that Africa’s overall economic growth is expected ...
Between January and April 2025, remittances also rose significantly by 72.3% year-on-year, totaling around $12.4 billion, up from $7.2 billion in the corresponding period last year.
The Egyptian Cabinet approved a proposal submitted by China’s State Grid Corporation to implement two solar power projects with a combined capacity of 900 megawatts.
The banking sector grew significantly in February, with the total consolidated financial position of banks operating in the local market—excluding the Central Bank of Egypt (CBE)—rising to EGP 22.039 ...
The Egyptian Exchange (EGX) broke its green streak by closing today’s session with a mixed performance. Benchmark index EGX 30 was up by 0.3% during Wednesday’s session, reaching 32,493.89 points. The ...
Minister of Investment and Foreign Trade, Hassan El-Khatib, announced that the government is preparing a comprehensive national investment map with clear sectoral objectives. The plan, which will be ...
Prime Minister, Mostafa Madbouly, said that over 1,800 U.S. companies are currently operating in Egypt, with total American investments exceeding $47 billion over the past two decades, at the opening ...
Egypt’s foreign assets in the banking sector have risen for the third consecutive month, reaching $15.04 billion in March, an increase of approximately 47.5% compared to $10.2 billion in February, ...
The General Petroleum Company, a subsidiary of the Egyptian General Petroleum Corporation (EGPC), has announced that it is currently implementing an intensive drilling program aimed at drilling 75 ...
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