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Sports
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Africa
9/11/2023 12:12:04 AM
Gambia staged a remarkable comeback from a two-goal deficit, scoring twice in the final 10 minutes to secure a hard-fought 2-2 draw against Congo on Sunday in the final day of the 2023 Africa Cup of Nations qualifiers.
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Business
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Economy
9/7/2023 5:37:26 PM
The Egyptian government seeks to collect $1.5 billion in external financing before the end of 2023, Minister of Finance Mohamed Maait stated on Thursday.
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Business
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Economy
9/5/2023 9:23:12 PM
Egypt’s National Dialogue resumed sessions on Tuesday, with the economic committee debating the problems posed by high inflation, rising prices and a budget deficit.
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Business
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Economy
9/3/2023 12:37:24 PM
The deficit in Egypt's foreign assets deficit declined by nearly 3 percent - EGP 24.92 billion ($807.95 million) - on a monthly basis in July, as assets rose at a pace faster than the growth in liabilities.
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Business
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Economy
8/30/2023 6:56:39 PM
The Egyptian Cabinet approved issuing a second batch of $500 million yen-denominated Samurai bonds with a five-year tenor by the Ministry of Finance, according to a statement on Wednesday.
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Business
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Economy
8/24/2023 10:43:51 PM
Financial experts believe Egypt will gain enormous benefits from joining the BRICS bloc, including access to mechanisms which would help the country meet foreign currency crunches and budget deficits, in addition to strengthening confidence in its economy.
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Business
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Economy
8/20/2023 9:31:10 PM
The Egyptian Cabinet has approved permitting the International Financial Corporation (IFC), the financial arm of the World Bank, to issue Egyptian pound bonds in international markets.
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Business
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Economy
8/15/2023 6:27:53 PM
The Central Bank of Egypt (CBE) auctioned EGP 86.25 billion ($2.8 billion) worth of treasury bills and bonds on Tuesday, according to the bank's website.
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Business
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Economy
8/14/2023 4:27:15 PM
The Central Bank of Egypt (CBE) auctioned €600 million ($656.29 million) worth of treasury bills on Monday, according to the bank's website.
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Business
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Economy
8/10/2023 4:01:25 PM
Egypt has lowered its estimates for the debt-to-GDP ratio to 95.6 percent for the fiscal year 2022/2023, down from 97 percent, Minister of Finance Mohamed Maait stated, according to a Cabinet statement on Thursday.
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Business
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Economy
8/8/2023 3:42:11 PM
Egypt's trade deficit grew by 4.3 percent to $3.74 billion in May 2023, compared to $3.57 billion in the same month last year, owing to a plunge in natural gas exports and a surge in wheat imports.
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Business
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Economy
8/1/2023 6:48:00 PM
The deficit in Egypt's net foreign assets surged by over 125 percent on a yearly basis in June, according to data released by the Central Bank of Egypt (CBE) on Tuesday.
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Business
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Economy
7/26/2023 2:24:10 PM
The Central Bank of Egypt (CBE) auctioned EGP 83 billion ($2.7 billion) in treasury bills (T-bills) on Tuesday to finance the government's debt, with two maturities available.
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Business
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Economy
7/25/2023 9:03:25 PM
Revenue from the Suez Canal and tourism in Egypt rose by 22.3 percent and 25.7 percent, respectively, during the first nine months of the fiscal year (FY) 2022/2023, while remittances from Egyptian expats dropped over 26 percent, according to a report published by the Central Bank of Egypt (CBE) on Tuesday.
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Business
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Economy
7/9/2023 3:44:45 PM
The Central Bank of Egypt (CBE) auctioned on Sunday EGP 40 billion ($1.3 billion) in treasury bills (T-bills) across two maturities as a means to finance the government's debt.
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Sports
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Egyptian Football
7/8/2023 11:16:50 PM
Two goals from Ahmed "Zizo" Sayed helped Zamalek make a brilliant comeback from a 2-0 deficit and beat Future FC 3-2 victory and climb into third place in the Egyptian Premier League on Saturday.
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Business
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Economy
7/4/2023 5:03:38 PM
Egypt's trade deficit surged 23.8 percent in April over the same month in 2022, driven by a drop of more than 75 percent in gas exports, according to the monthly external trade bulletin released by the Central Agency for Public Mobilisation and Statistics (CAPMAS).
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Business
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Economy
7/4/2023 1:32:51 PM
The Central Bank of Egypt (CBE) auctioned EGP 40 billion ($1.3 billion) in treasury bills (T-bills) in two maturities on Tuesday, to fund the government debt.
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Business
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Economy
6/20/2023 5:35:29 PM
Experts and party representatives at the Egyptian National Dialogue emphasized the importance of rationalizing public spending and reducing reliance on loans during a session on reforming the state's general budget on Tuesday.
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Business
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Economy
6/18/2023 12:29:56 PM
Egypt's trade deficit dropped by 49.6 percent in March compared to the same month last year, as wheat imports plunged by 41.9 percent.
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