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Business
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Economy
5/24/2023 3:36:41 PM
Egypt ranked 14th among the world's top attractive and trusted emerging markets for foreign investments, ahead of Turkey, Morocco, South Africa, and Russia, according to a report by American global management consulting firm Kearney.
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Business
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Economy
5/17/2023 4:07:22 PM
The European Bank for Reconstruction and Development (EBRD), the EU and emerging-market asset manager ILX Management announced Wednesday a new partnership aiming to enhance private-sector finance in the EBRD’s regions, including the southern and eastern Mediterranean where Egypt is located.
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Business
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Economy
5/3/2023 10:34:30 AM
Egypt’s total governmental gross debt is expected to rise to 92.9 percent of GDP in 2023, up from 88.5 percent in 2022, before cooling to 87 percent in 2024, the highest among the emerging market and middle income countries, the International Monetary Fund (IMF) said on Wednesday.
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Business
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Economy
3/5/2023 1:58:54 PM
Egypt has maintained a stable position on the Agility’s Emerging Markets Logistics Index of 2023, the Cabinet Information and Decision Support Center (IDSC) announced on Sunday.
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Egypt
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Foreign Affairs
2/17/2023 3:37:55 PM
UN Climate Change High Level Champion for Egypt Mahmoud Mohieldin stressed on Thursday that developing countries and emerging markets can only implement climate action by integrating it with other sustainable development goals (SDGs) within a holistic approach.
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COP27
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To Know
11/14/2022 1:31:07 PM
On the sidelines of the COP27, held in Sharm El-Sheikh, Emerging Market Climate Action Fund (EMCAF) announced on Monday a $25 million investment into Alcazar Energy Partners II, according to the European Investment Bank (EIB).
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Business
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Tech
8/18/2022 1:43:47 PM
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Business
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Economy
5/6/2022 9:43:42 PM
With the US Federal Reserve (Fed) deciding to increase its interest rate by a rare half-percentage-point — the largest increase in two decades — in an effort to reduce burgeoning inflation that is running at a four-decade high, major economic impacts are looming for countries worldwide, especially emerging markets like Egypt.
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Business
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Economy
4/19/2022 4:36:01 PM
Emerging markets are expected to lose 30 percent of capital inflows, up from 20 percent projected in October, driven by the Russian war in Ukraine, the IMF said on Tuesday.
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Business
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Tech
2/16/2022 6:54:30 PM
Egypt-based Contact Financial Holding, a non-banking financial services provider, announced on Wednesday the completion of its strategic investment in Wasla, an e-commerce super-app, with total investments valued at $9 million.
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Business
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Economy
1/31/2022 1:28:51 PM
Egypt was relisted on Monday 31 January in the JP Morgan Index for government bonds of emerging markets (GBI-EM), ending 10 years of absence .
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Al-Ahram Weekly
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Opinion
12/20/2021 11:10:00 AM
The world’s advanced economies are facing inflation rates not seen for decades. Their policy response will have serious implications on emerging markets and developing economies.
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Business
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Economy
12/12/2021 1:51:44 PM
Egypt is ready to join JP Morgan’s Emerging Markets Bond Index (EMBI) as of January 2022, Minister of Finance Mohamed Maait announced on Sunday.
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Business
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Markets & Companies
11/9/2021 1:50:37 PM
The European Investment Bank (EIB) and Allianz Global Investors (AllianzGI), one of the world’s leading active investment managers have launched the Emerging Market Climate Action Fund (EMCAF) in a public and private partnership with the Governments of Germany and Luxembourg.
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Al-Ahram Weekly
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Economy
10/29/2021 4:01:00 PM
Al-Ahram Weekly sheds light on what Egypt’s relisting in J.P. Morgan’s government bond index for emerging markets means
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Business
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Economy
10/13/2021 5:21:43 PM
Egypt is set to join JP Morgan’s GBI index for emerging markets as of the end of January 2022, JP Morgan announced.
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Business
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Markets & Companies
10/12/2021 5:40:27 PM
Emerging markets are expected to witness capital and foreign direct investment (FDI) outflows and an abrupt increase in financing costs in the near term amid the uncertainty of the ongoing pandemic, according to the International Monetary Fund (IMF).
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Business
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Economy
10/6/2021 4:37:21 PM
Global inflation is expected to approach pre-pandemic levels by mid-2022, according to the International Monetary Fund (IMF).
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Business
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Economy
9/29/2021 2:21:35 PM
Emerging economies’ debt to GDP ratio edged up to 246 percent in the second quarter (2Q) of 2021, up from the 226 percent recorded at the end of 2019, according to Moody’s.
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Business
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Economy
8/3/2021 12:01:53 PM
The approved allocation is expected to go into effect on 23 August 2021, and it will be credited to the IMF’s member countries in proportion to their existing quotas in the fund
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