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SFE mulls investment in state-owned pharma firm
INVESTMENT WATCH- Sovereign fund mulls investment in state-owned pharma firm: The Sovereign Fund of Egypt (SFE) is considering investing in…
Coca-Cola Egypt plans to invest EGP 1 bn this year
INVESTMENT WATCH- Coca-Cola Egypt is planning to invest EGP 1 bn this year to expand production capacity and increase sales…
Earnings Watch: Misr Cement, Abu Qir, Telecom Egypt
EARNINGS WATCH- State-owned Telecom Egypt (TE) reported a 19% y-o-y decline in 1Q2020 net profits to EGP 1.3 bn on…
Egypt’s inflation decelerated in May to 4.7%, below expectations
We caught a break: Inflation cools to six-month low: Annual urban inflation in May slowed to its lowest level since…
What we’re tracking on 11 June 2020
Good morning, friends, and welcome to the end of the workweek at a time of year when we would normally…
Covid-19 shows investment risks and rewards in individual EM economies vary more than ever
Covid-19 underlines the home truth that you can’t just lump EMs together in a homogeneous asset class — and the…
Egypt’s parliament approves int’l grants to develop investment, transport, sanitation
House approves EUR 122.7 mn in financing from EIB for transport, sanitation: The House of Representatives’ general assembly approved yesterday…
SCZone and SFE to partner on rail projects in East Port Said
Sovereign fund is getting in on a railcar assembly plant in East Port Said with the SCZone: The Suez Canal…
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