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The tides are turning for foreign portfolio investment in Egypt as investors return to “favorite” carry trade
The tides are turning for foreign portfolio investment in Egypt as investors return to “favorite” carry trade: Foreign holdings of…
Rising remittances curb current account deficit in 3Q2019-2020
Rising remittances curb current account deficit in 3Q2019-2020: A rise in foreign remittances helped Egypt’s current account shrug off the…
Drowzy raises six-figure USD investment
STARTUP WATCH- Drowzy raises six-figure USD investment: Furniture and homeware startup Drowzy has secured an undisclosed six-figure USD investment from…
Sodic boss expects Egypt’s real estate sector to recover starting 2H2020
Sodic boss expects real estate to stage recovery starting 2H2020: Property sales could start bouncing back throughout the second half…
NBE to obtain EUR 800 mn of EIB funding next month
The National Bank of Egypt expects to land in the coming month some EUR 800 mn in funding agreed last…
MENA GDP to crash 5.7% this year -UN
It’s not looking pretty for MENA economies if this UN report is anything to go by: MENA economies are expected…
Your top infrastructure stories of the week
Your top infrastructure stories of the week: European Investment Bank to fund transport upgrades: More than half of the EUR…
Restructuring plans for Egypt’s Holding Co for Maritime to be complete this year
PRIVATIZATION WATCH- Restructuring plans for Holding Co for Maritime to be complete this year: A consortium of consulting firms tapped…
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