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Egypt’s GAFI former boss joins financial advisory firm Bayt El Khebra
MOVES- The former chairman of the General Authority For Investment (GAFI), Mohsen Adel, has been tapped by Bayt El Khebra…
EBRD, FRA provide USD 15 mn loan to fund green tech for Egyptian SMEs
EBRD, FDA provide USD 15 mn loan to fund green tech for Egyptian SMEs: The European Bank for Reconstruction and…
Egypt’s non-oil business activity falls slightly in October, but sentiment is up
Non-oil business activity falls slightly in October, but sentiment is showing strong improvement: Egypt’s non-oil private sector remained in contraction…
Three banks to give Misr Italia EGP 650 syndicated loan
Misr Italia Real Estate Group is set to receive a syndicated loan worth EGP 650 mn from Al Ahli Bank,…
Naguib Sawiris replaces Tamer El Mahdi as OIH CEO
MOVES- Orascom Investment Holding Executive Chairman Naguib Sawiris will assume the position of CEO after Tamer El Mahdi submitted his…
Earnings watch: CIB, Ibnsina, CI Capital, Abu Qir, MNHD report results
EARNINGS WATCH- CIB net profits rise 23% in 3Q: CIB posted consolidated quarterly profits of EGP 3.18 bn in the…
MENA IPOs to pick up next year -E&Y
The MENA region’s IPO activity will also pick up over the next 12 months following a weak third quarter, Ernst…
ADNOC Distribution eyeing entry into Egyptian market?
INVESTMENT WATCH- ADNOC Distribution eyeing entry into Egyptian market? Emirati fuel retailer ADNOC Distribution is looking at Egypt as a…
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