}

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Egypt signs framework deal to settle EGP 102.75B IMPA debt to NIB

Prime Minister Mostafa Madbouly witnessed the signing of a framework agreement to settle a long-standing debt of EGP 102.75 billion, owed by the Industrial and Mining Projects Authority (IMPA) to the National Investment Bank (NIB).

Updated 9/30/2026 2:32:00 PM
Qalaa Holdings’ ERC pays $417M of debts

Egyptian Refining Company (ERC), a subsidiary of Qalaa Holdings, paid $417 million of its debt, lowering the senior debt balance to $63 million from $2.35 billion

Updated 12/21/2025 10:07:00 AM
Act Financial aims to raise investments to EGP 6B in 2024

Act Financial is planning to boost its investments to around EGP 6 billion by the end of 2024.

Updated 7/31/2024 11:28:00 AM
Trading on Digitize for Investment and Technology’s shares in EGX starts

Trading on the shares of Digitize for Investment and Technology (DGTZ) in the Egyptian Exchange (EGX) has started Sunday, October 22nd.

Updated 10/23/2023 11:43:00 AM