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OIH sees net losses of EGP 35.5 mn in 2Q2021
EARNINGS WATCH- Orascom Investment Holding (OIH) incurred net losses of EGP 35.5 mn in 2Q2021, compared to losses of EGP…
TONIGHT: EGX seems to be interested in SPACs too + Fawry to launch a consumer finance company ALSO: Read this satire on startup culture
Good afternoon, ladies and gentlemen, to an uncharacteristically slow September news day that was pierced by new capital markets regulations.…
Wall Street is turning bearish on stocks + economists forecast early Fed rate hike
Have US equities peaked? Some analysts are beginning to think so, after US stocks last week saw their worst performance…
ENTERPRISE POLL- CBE to keep rates on hold in September meeting
ENTERPRISE POLL- The Central Bank of Egypt will likely leave interest rates unchanged at its meeting this Thursday as it…
Our debt may not become Euroclearable until 2022 + S&P says foreign holdings hit new record high
Our debt may not become Euroclearable until 2022: The Finance Ministry will likely miss its target of making local Egyptian…
MNT-Halan announces blockbuster USD 120 mn fintech round
MNT-Halan has closed what we believe is the largest fintech round ever to take place in MENA, raising c. USD…
IFC to support BCI Holding with USD 30 mn loan
Plastics raw material manufacturer BCI Holding will expand its production facility in Egypt through a USD 30 mn loan from…
Egyptian, Norwegian FMs discuss investment, Palestinian aid
Palestine, investment focus of Egypt-Norway talks: Foreign Minister Sameh Shoukry discussed the Israel-Palestine conflict and bilateral investment with his Norwegian…
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