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Africa Crest to invest EGP 900 mn in two schools this year
Dubai-based Africa Crest Education is dusting off plans to invest EGP 900 mn in Egypt this year to establish two…
The secondary market for homes just got interesting to NBFS players — and to tech
Real estate startups Isqan.com and Qasatli have partnered up to provide installment plans to online homebuyers, Isqan said in a…
Beltone on board to manage CBE margin trading support fund?
The Central Bank of Egypt (CBE) has reportedly tapped Beltone Financial to manage a new margin trading fund with a…
Mobile wallet users can now borrow + deposit under new regs
Mobile wallet users will soon be able to access loan and saving services in real time under new regulations (pdf)…
Egypt among 3 MENA countries to see pre-covid growth rates in 2021: Fitch
Egypt is one of three MENA economies that will see GDP growth return to pre-covid levels in 2021, buoyed by…
Slow vaccine rollout in Sub Saharan Africa threatens to plunge region into further poverty
Sub Saharan Africa’s economic recovery could lag behind the rest of the world as vaccine shortages and policy restrictions continue…
Trade deficit remains flat 1Q2021
Egypt’s non-oil trade deficit remained essentially flat in 1Q2021, narrowing just 1% to reach USD 9.55 bn compared to USD…
One Basel, two Basel, three Basel, four...
Enterprise Explains: “Basel IV” requirements. Earlier this year, the Central Bank of Egypt issued a circular to banks instructing them…
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