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Egypt launches new World Bank-backed USD 50 mn VC fund
MSMEDA partners with World Bank to launch USD 50 mn VC fund: The Micro, Small and Medium Enterprise Development Agency…
Rich nations are not reaching pledge targets in terms of pandemic aid
G20 countries fell short of their USD 100 bn pandemic aid pledge to developing countries: The world’s most advanced economies…
Egypt signs USD 1.5 bn funding agreement for basic imports with ITFC
The ITFC is lending us another USD 1.5 bn for petroleum + commodities imports: Egypt has signed a fresh USD…
Egypt seeks guarantees for potential Samurai bonds
The Madbouly government wants our first Samurai bond issuance to be fully guaranteed by the Japan International Cooperation Agency (JICA)…
Earnings watch: Elsewedy Electric revenues up by a third in 2021
Elsewedy Electric booked EGP 3.5 bn in net income in 2021, up 16.7% y-o-y, while revenues for the full year…
Tourism recovery + gas exports driving 5.5% growth this fiscal year -World Bank
World Bank says tourism rebound, gas exports driving strong growth in Egypt: The World Bank has laid out the drivers…
TONIGHT: Macro’s EGX debut confirmed for this Thursday + World Bank is releasing its Egypt outlook + it’s a busy day at the House
Happy Tuesday afternoon, ladies and gentlemen. The news is back in full swing on this hump day, with big news…
Gov’t ups local wheat purchase targets by over 10% y-o-y
Egypt to buy 4 mn tonnes of local wheat this season: Egypt plans to purchase 4 mn tonnes of wheat…
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