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#economy

On Wednesday 5 February, the Egyptian government signed two agreements with the Islamic Development Bank Group, securing USD 1.6 billion (EGP 80 billion) in funding dedicated to trade financing and the development of the private sector.  The agreements were formalized during a ceremony attended by prominent officials, including Kamel Al-Wazir, Deputy Prime Minister for Industrial Development, and Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation.  The financing package consists of USD 1.5 billion (EGP 75 billion), allocated to…