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What we’re tracking on 26 March 2020
We are in the final minutes of the country’s first nighttime curfew in some seven years, and the streets were…
Dice reports 2.7% profit growth in 2019
EARNINGS WATCH- Dice profits grew 2.7% in 2019: Dice net profits rose to EGP 81.4 mn in 2019, up 2.7%…
Sovereign Fund of Egypt to prepare low-risk ventures for investors post-covid
The Sovereign Fund of Egypt (SFE) is preparing a list of potential low-risk investments to present to investors after the…
Al Ahly Sabbour to invest EGP 5 bn in Keeva project
Al Ahly Sabbour is planning to seek a EGP 1 bn loan from local banks to finance its planned EGP…
Strong FX reserves, fiscal reform to mitigate short-term headwinds on Egypt’s external account -Fitch Ratings
Strong FX reserves, fiscal reform to mitigate short-term headwinds on Egypt’s external account -Fitch Ratings: Strong international reserves and the…
Gov’t to award two-year exploration licences for winning bids in mineral exploration round
Gov’t to award two-year exploration licences for winning bids in mineral exploration round: Companies awarded blocks in Egypt’s ongoing international…
EM economies are under stress as investors dump debt, flock to rising USD
EM economies under stress as investors dump debt, flock to rising USD: Emerging market debt and equity outflows have hit…
Egypt taps HSBC as financial advisor on Siemens plant sale
Egypt taps HSBC as financial advisor on Siemens plant sale: State-owned Egyptian Electricity Holding has tapped HSBC as the financial…
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