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EFG, Egypt’s sovereign fund look to take 76% stake in Arab Investment Bank
M&A WATCH- EFG, sovereign fund look to take 76% stake in Arab Investment Bank: EFG Hermes and the Sovereign Fund…
IMF forecasts deeper recession, slower recovery as virus fears linger
YOUR DAILY DOSE OF GLOOM- IMF forecasts deeper global recession, slower recovery as virus fears linger: The global economy will…
Your top infrastructure stories of the week
Your top infrastructure stories of the week: Elsewedy secures Mostakbal City project: Elsewedy Electric’s Trading & Distribution unit signed a…
Private equity bosses are raking in bns running funds that fail to beat cheap tracker funds
Private equity bosses are raking in bns running funds that fail to beat cheap tracker funds, according to a new…
AIH to invest EGP 60 mn in its NBFS subsidiaries this year
INVESTMENT WATCH- Arabia Investment Holding (AIH) is planning to invest EGP 60 mn this year in its non-banking financial services…
What we’re tracking on 23 June 2020
Good morning, friends. Just two more days and we slide into the weekend. Have you made plans yet? Judging from…
Egypt, Southern Africa were the two bright spots in Africa last year as FDI dipped across the continent
Egypt, Southern Africa were the two bright spots in Africa last year as FDI dipped across the continent: Egypt remained…
Cabinet ratifies 12 international oil and gas agreements
Cabinet has ratified twelve oil and gas agreements the Oil Ministry signed with international companies in February, the ministry said…
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