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In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment.
Business Today Egypt (also known as BT) is an English business magazine which is published monthly in Cairo, Egypt by Egyptian Media Group. [1] [2] It is the only independent business magazine in the country. The magazine models Fortune and Business Week magazines. [3]
BNP Paribas Egypt sold to Emirates NBD. Piraeus Bank Egypt sold to Al Ahli Bank Of Kuwait. Crystal Jmaad Global Bank; Citibank Egypt agreed to transfer its retail banking and cards businesses in Egypt to Commercial International Bank. Bank Audi Sold to First Abu Dhabi Bank. KB Kookmin Bank Egypt sold to Mashreq Bank.
Eventually, trade cards evolved into business cards, which are still in use today. In June 1836 the Paris newspaper La Presse - edited by Émile de Girardin - became the first to rely on paid advertising to lower its price, extend its readership and increase its profitability. This formula was soon copied by the competition.
The Egyptian stock exchange plummeted 6.25% following the beginning of the Egyptian revolution of 2011 on the 25th of January. It closed at the end of trading on 27th of January after the benchmark EGX 30 Index (EGX30) plunged 16 percent that week amid the uprising. The exchange reopened on the 23rd of March after being closed for almost 8 weeks.
A business line of credit (LOC) can provide financing for larger business expenses but could be more difficult to qualify for than a business credit card. An LOC offers financing for a defined ...
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