The Central Bank of Egypt (CBE) announced issuing new rules for licensing, registering, controlling, and supervising digital banks. To conduct all banking services except funding large-scale firms, the new licensing …
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The European Bank for Reconstruction and Development (EBRD) provided $532.5 million in soft financing for development to two Egyptian state-owned banks and an equity fund, according to the Ministry of …
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A diamond-encrusted limited-edition iPhone is on the market for about $400,000. The Diamond Snowflake is an iPhone 14 Pro Max with an 18k white gold back panel adorned with around …
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The government has signed contracts with the private sector to sell state-owned firms worth $1.9 billion under the country’s IPO program, which was implemented earlier this year, Egypt’s Prime Minister, …
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Farmers in Hokkaido, Japan produced new round and juicy fruit called “lemon melon” that tastes sweet like a melon and also slightly sour like a lemon. It resembles a watermelon …
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Cairo started the 2nd edition of the “She Works Wonders” program, co-sponsored by the Ministries of Higher Education and Scientific Research, Planning and Economic Development, and the National Council for …
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The European Investment Bank (EIB) will provide soft loans worth €4b to Egypt to implement Nexus of Water, Food, and Energy (NWFE) projects until 2030. The announcement was made by …
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Egypt received more than 7 million tourists during the first half (H1) of 2023, which is the highest level in the country’s history, Minister of Tourism Ahmed Issa said. The …
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Egyptian developer Midar for Investment & Urban Development, formerly Mostakbal for Urban Development Company, plans to invest EGP20b ($64m) in the coming 5 years in its Mostakbal City master development …
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aiBANK, Egypt’s leading integrated retail, corporate, and Islamic banking solutions provider, has joined InstaPay, the pioneering instant payment network app. This partnership will allow aiBANK customers to transfer money instantly …
