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Singapore and Egypt ink fintech cooperation deal
The Monetary Authority of Singapore (MAS) and the Central Bank of Egypt (CBE) inked an agreement on fintech cooperation on 6 February.
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High demand on Egypt’s Eurobonds issuance signals trust in economy
Egypt returned to the international bond markets on Wednesday with issuing Eurobonds worth $4 billion on three tranches.
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Petroleum Ministry signs agreement to market Oil discoveries
Egypt Gate project aims to develop advanced mechanisms for marketing oil and gas exploration areas through the International Information Network.
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Egypt parliament approves major amendments for Capital Market Law
The law introduces new financial instruments and empowers the non-banking financial sector.
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WGS 2018 explores effective frameworks to enhance digital
The event was led by experts from the United Nations Economic and Social Commission for Western Asia (ESCWA).
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Services sector 2nd largest beneficiary of bank loans
Private sector received 61.8% of banks’ total credit facilities by end-October 2017.
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SHUAA Capital initiates Egypt operations for regional growth
Company mulls expansion in Egyptian market to boost profitability.
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Egypt to receive new Iraqi crude shipment Thursday
A contract to import 12 million barrels of Iraqi crude for a year was renewed in January 2018.
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President Sisi inaugurates second edition of Egypt Petroleum Show
The platform brings together 400 exhibiting companies from 11 countries.
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Egypt wants more market stability before Eurobond issue
Egyptian finance minister Amr El Garhy gave the statement on the sidelines of a financial conference in Dubai.
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45 compete for high-speed, monorail plans
Egypt has plans for a high-speed train between Ain Sokhna and El Alamein El-Gedida and a monorail for the new administrative capital.
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Lowest offer at Egypt’s GASC wheat tender at $206.60/T
GASC is expected to announce the results of the tender, in which it is seeking wheat for shipment during March 12-22, later on Friday.
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Energy group DEA to invest $500 mln in Egypt oilfields
The Hamburg-based company has been involved in exploration and development for oil and gas in Egypt since 1974.
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Applying Circular Economy in Egypt
In the second part of the series about Circular economy, we explore the possibility and benefits of applying this concept in Egypt.
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Project: Supply of corn starch & greases
Supply of (a) 400 tons corn starch of food grade & (b) oils & greases
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Facebook to launch online shopping feature Marketplace in Egypt within weeks
The platform will be available in Arabic for the first time.
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Egypt's gas production to exceed 6 bcf before end-2018
Production, which has increased thanks to newly discovered fields, will exceed 6 bcf per day before the end of this calendar year.
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27% increase in used car listings in 2017: OLX Egypt
The number of car listings increased by 27% year-on-year in 2017 to more than 1 million listings.
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100,000 clients join ADSL market in November 2017
According to a report by the Ministry of Communication, the number of ADSL users increased from 5 million in October to 5.1 million in November.
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More than $100B pumped in Egypt’s economy since float
Since the float, Egypt’s economic indicators have gradually started to improve.
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Egypt’s economy to keep growth trajectory alive: Arqaam Capital
External balance continues to improve, current account deficit remains unchanged.
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Telecom Egypt signs transmission and infrastructure deal with Vodafone Egypt
The agreement will take effect from January for the three years ending 2021. The agreement guarantees a minimum revenue of EGP 2.37 billion for TE.
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Saudi Arabia to launch business, tech university in Egypt
Negotiations with government to agree on project site, implementation period, says Dahlan.
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Egypt's foreign reserves jump to $38.209 by end of January
Reserves have been climbing since Egypt signed a $12 billion loan with the International Monetary Fund (IMF) in November 2016.
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Egypt's non-oil business sector activity stabilizes in Jan
The performance came with an overall positive outlook thanks to tough economic reforms, a survey showed.
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Dubai's Al Khaleej in $1 bln Egypt beet sugar mill deal
Investment Minister Sahar Nasr said the project, with a cost of around $1 billion, would produce 900,000 tonnes of sugar annually.
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A short guide to circular economy
The goods of today can be the resources of tomorrow as Circular Economy challenges the "make, take and dispose" economy into a more sustainable model.
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Egypt hosts first FinTech conference
More than 500 international and financial experts will attend, along with Egyptian ministers and banking officials and the governor of CBE.
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‘Chinese Tramadol’ goes viral on Egyptian market
“10 PM” talk show presented a report on the circulation of the Tramadol drug, made in China.
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Four companies with suffering market shares in 2017
The competition in the Egyptian market among mobile phone manufacturers is at its strongest, especially with the entry of many Chinese companies.
