Financial institutions in Egypt
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Egypt central bank keeps key interest rates unchanged
The bank did not give a reason for its decision but said a full statement would be issued shortly.
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MisrLife Insurance Company eyes 40% market share: Chairman
The company has adopted new techniques to achieve these goals by signing bank insurance contracts and increasing investments.
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Egypt to issue certificates to finance Suez Canal today
Officials have said the new canal would boost annual revenues to US$13.5 billion (S$16.8 billion) by 2023 from US $5 billion currently.
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Egypt to yield $168m from property tax on factories
Following the price rise, the net revenues of tax will reach 1.2 billion Egyptian pounds ($168 million).
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UAE to provide Egypt with loan to purchase petroleum products
"The Emirati loan will last for one year and is allocated to purchase petroleum substances," Mulla said.
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$5.4bn World Bank financing for existing projects in Egypt: Regional Director
World Bank funds for Egyptian projects in infrastructure, agriculture, energy, and job training total $5.4bn.
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Egyptian Industries chambers reject monetary donations to ‘Billion EGP Initiative’
Economy in need of industrial projects – donation initiatives are just “a media show”, say chamber heads.
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Egypt trade deficit down in May
Trade deficit in decline for 10th consecutive month as exports increases 7.6% and imports fall 13.6%.
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Egypt seeks to have first, biggest commodities exchange in MENA
Egypt plans to launch the first and biggest commodities exchange in the Middle East in the coming period, said Minister of Supply Khaled Hanafy.
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Egypt pulls bond sale as Suez Canal CDs prompt yield demands
The central bank, which conducts debt sales on behalf of the Finance Ministry, called off yesterday's auction of 2 billion Egyptian pounds.