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P&G to invest USD 50 mn over next 18 months to expand manufacturing
INVESTMENT WATCH- P&G to invest USD 50 mn in Egypt by the end of 2021 to expand manufacturing: Procter &…
IFC is investing USD 10 mn in smart meters outfit Globaltronics
INVESTMENT WATCH- IFC is investing USD 10 mn in smart meters outfit Globaltronics: The International Finance Corporation (IFC) is investing…
Spotlight:Meet Abdalla ElEbiary, the new chief investment officer of the Sovereign Fund of Egypt
MOVES- Meet Abdalla ElEbiary, the new chief investment officer of the Sovereign Fund of Egypt: The covid-19 crisis has shifted…
Enterprise Poll: Central Bank of Egypt to leave rates on hold at June 2020 meeting
ENTERPRISE POLL- CBE seen leaving rates on hold this Thursday for third consecutive meeting: The Central Bank of Egypt will…
Portfolio investors warming to Egypt as EGP proves more flexible
Portfolio investors warming to Egypt as EGP proves more flexible: There are signs that foreign investors may be warming to…
Earnings watch: Sodic, Orascom Investment, B Investments, Raya
EARNINGS WATCH- Sodic reported a net profit of EGP 28 mn in 1Q2020, down from EGP 161 mn in 1Q2019.…
SCZone working on new investor incentives, legislative amendments
LEGISLATION WATCH- SCZone working on new incentives for investors, amendments to special economic zones law: Officials from the Suez Canal…
Egypt based pharma locator Chefaa raises seven figure series A funding
STARTUP WATCH- Egypt-based Chefaa raises seven figure series A funding: AI driven pharmacy locator and on-demand medical delivery platform Chefaa…
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