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Scatec inks Ain Sokhna green hydrogen pact with SFE and OC
Welcome to our much greener future: The Sovereign Fund of Egypt (SFE), Norway’s Scatec, Nassef Sawiris-backed ammonia producer Fertiglobe and…
THIS MORNING: Ramadan Kareem on this extremely busy news day
Good morning, wonderful people, and welcome to the first workday of Ramadan. We hope the day treats you well. We…
Earnings watch: OIH, Domty, Arabia Investments Holding
EARNINGS WATCH- Orascom Investment Holding saw a bottom line of EGP 564.0 mn in FY2021 compared to losses of EGP…
Cabinet is working on a roadmap for reducing the state’s involvement in the economy
The government has an outline of its long-term strategy to encourage private sector involvement in the economy: The Madbouly Cabinet…
ApeCoin is raising concerns about power accumulation in crypto
New cryptocurrency, ApeCoin, is raising concerns about power imbalances in the crypto world: ApeCoin is coming under scrutiny for revealing…
THIS EVENING: The broad strokes of state policy to encourage private sector involvement + Fawry sells more shares + KSA deposits USD 5 bn in the CBE
It’s another day of outstanding news, ladies and gentlemen, as we head to the pre-Ramadan sprint, with the positive signals…
LuLu plots UAE IPO next year
Middle East supermarket giant Lulu Group International could IPO in the UAE next year, Bloomberg reports, citing people familiar with…
Qatar to invest USD 5 bn in Egypt + Cemex, Harmony Gold to invest more here
Qatar to invest USD 5 bn in Egypt: Qatar has agreed to invest USD 5 bn here “in the coming…
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