Egypt’s Financial Regulatory Authority (FRA) launched on Tuesday the first pension plan in U.S. dollars for citizens …
dollars
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Egypt will have to repay $14.7 billion this year to international creditors, including Arab countries that deposited …
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Asian markets made moderate gains on Thursday as global stocks recovered after recent fears about Italy faded.
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Financial news website Bloomberg reported on Monday that the days of the stagnation of the Egyptian pound …
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Industry & Trade
Egyptian imports from EU fall to $3.9 bln in Q4-FY2016/17
by Yomna Yasserby Yomna YasserEgypt’s imports from the European Union decreased at the end of the fourth quarter of last financial …
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World
Asian stocks decline following Wall Street reversal; bitcoin nurses losses
by Yomna Yasserby Yomna YasserAsian markets traded in negative territory early on Wednesday after Wall Street reversed a triple-digit point gain …
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Financial Institutions
Bitcoin surges above $6,000 for the first time on heavy trading volume
by Yomna Yasserby Yomna YasserBitcoin surged by five percent to a record high above $6,000 on high trading volume Friday. The …
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International News
EU-U.S. data pact faces first major test of credibility
by Yomna Yasserby Yomna YasserA pact underpinning billions of dollars of transatlantic data transfers will undergo its first annual review on …
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Industry & Trade
Developments of Egypt’s giant gas field Zohr hit 83.5% in August
by Yomna Yasserby Yomna YasserDevelopments in Egypt’s giant gas field Zohr reached 83.5 percent in August, the county’s Petroleum Ministry said …
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Industry & Trade
Chinese-funded electric train to run to Egypt new capital city
by Yomna Yasserby Yomna YasserEgypt is set to embark on a $255 million electric train project that will run to the …