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World Bank sees Egypt’s GDP growth outpacing MENA average this year
The World Bank sees Egypt’s economy growing 5.5% this year, outpacing the MENA average of 1.5%, according to the World…
France’s AFD considers EUR 190 mn loan for Tanta-Damietta railway upgrade
The Transport Ministry is in talks with the French Development Agency for a EUR 190 mn loan to finance upgrades…
Foreign holdings of Egyptian treasuries score USD 15.29 bn in September
Foreign holdings of Egyptian treasuries rose slightly to USD 15.29 bn at the end of September compared to USD 15.06…
What we’re tracking on 3 November 2019
Happy November, ladies and gentlemen. Hard to believe that the first 10 months of the year are now behind us…
Healthtech startup TakeStep goes to Web Summit 2019
Egyptian healthtech startup TakeStep will be one of five African healthcare companies to exhibit at next month’s Web Summit 2019…
US economy dodges a bullet as repo rate took sharp rises this month
EXPLAINER- What is the repo rate and why does it matter? The repo rate is a fundamental node in the…
Egypt ranked near bottom of ‘Economy Drivers and Disrupters’ report
Egypt has work to do to better capitalize on its growth drivers: Egypt is not positioning itself to capitalize on…
GDP grows 5.6% in 1Q2019-2020 mainly fueled by five sectors
What’s driving Egypt’s 5.6% GDP growth in 1Q2019-2020? The retail, agriculture, industrial, real estate, and telecoms sectors contributed the most…
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