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USAID is giving us USD 125 mn in fresh development grants
Egypt is getting seven grants worth USD 125 mn from the US to support education, health and other development projects,…
e-Finance looks at new rights issue to shareholders
MARKET NEWS- State-owned fintech firm e-Finance’s board of directors greenlit a EGP 2.49 bn capital increase through a rights issue…
Inflation in emerging-markets smashes expectations
Inflationary pressures are building in emerging markets: Inflation in emerging markets has surpassed expectations by the most since 2008 as…
Egypt is getting a digital VAT drawback system
Tourists shopping in Egypt will soon be able to claim VAT drawback via a digital system prior to departure, the…
TONIGHT: The capital gains tax gets its day in (parliamentary) court + COP26 gets underway in Glasgow
It’s been an atypically busy Sunday, with some good news coming out of the state privatization program, the Finance Ministry…
Microsoft is the world’s most valuable public company
Microsoft is tech’s top dog once again, reclaiming its spot as the world’s most valuable publicly-traded company after Apple took…
Fourth phase of export subsidy payout program to launch in November
The Finance Ministry will launch a fourth phase of its export subsidy program at the start of November, Finance Minister…
World Bank okays USD 360 mn loan for Egypt’s post-covid recovery
We’re getting a fresh USD 360 mn World Bank loan: The World Bank has approved a USD 360 mn facility…
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