Egypt
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in Short
Egypt 5% increase in FDI
While Morocco posted a decline in foreign direct investment (FDI) of 47% in 2019, Egypt recorded growth of 5% in…
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EBRD € 10 bn investment in 2019
In 2019, the EBRD invested € 10 billion on 452 projects. Morocco, Tunisia and Egypt. Egypt was the EBRD’s largest…
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Egypt The consortium led by Bolloré Ports will build, equip and manage a ro-ro terminal in Port Said
The consortium formed by Bolloré Ports, Toyota Tsusho Corporation and Yusen Kabushiki Kaisha has signed a concession agreement with the…
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Egypt African Development Bank approves $22 million to expand leasing financing to corporates and SMEs
The Board of Directors of the African Development Bank on Wednesday approved a $22 million Senior Loan to help Egypt’s…
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Egypt AfricInvest strengthens its presence
AfricInvest has integrated Egypt into its Maghreb Private Equity Fund IV. Its investments currently exceed 50 million dollars in this…
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Telecom Vodafone to sell control of its subsidiary in Egypt for $ 2.4 billion to a Saudi group
Vodafone announced in a press release that it had reached an agreement to sell 55% of the capital of its…
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Egypt The Sovereign Fund concludes partnerships with Hassan Allam Holding and Actis
The Sovereign Fund of Egypt (TSFE) signed memoranda of understanding with the Egyptian engineering and construction group Hassan Allam Holding…
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Egypt UK announce LE492 million economic partnership
Egypt and the United Kingdom announced the establishment of an economic partnership to implement Egypt’s “Vision 2030” initiative. Egypt and…
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Egypt launch of mini-satellites in universities
As part of a collaboration between the Egyptian Space Agency and the Academy for Scientific Research and Technology, the Supreme…
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GERD Egypt, Ethiopia and Sudan meet in Washington at the end of January to “finalize an agreement”
The three countries’s foreign and water ministers will meet in Washington on January 28 and 29 to reach a “comprehensive…
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