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The Egyptian General Petroleum Corporation will take out a USD 650 mn loan from the International Islamic Trade Finance Corporation to buy petroleum products, United Bank CEO Ashraf El Kady said. State-owned United Bank is contributing USD 40 mn towards the loan, he said.
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
The contracts and the resources are proven, so the open…
Fund managers are releasing liquidity for ongoing and future IPOs,…
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…
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