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FINANCIAL NEWS
Egypt, China increase ties due to West failures
01 Sep 2016
(MENAFN) Egypt and China will boost ties due to West failures, while Egypt will collaborate in the follow-up conference, the second Investing in Africa Forum.
Accordingly, China Central Television proclaimed that 86 Chinese firms have investments of more than USD1.1bn in the Suez Canal zone.
However, Egypt exposed that there are obstacles to operating in many African nations, but the country is a priority investment destination.
In addition, Western banks failed many emerging economies due to the shortage of funds offered, and the lack of a voice for developing nations.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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