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What we’re tracking on 19 August 2019
The central bank’s Monetary Policy Committee (MPC) is set to meet this Thursday, 22 August to review key interest rates.…
El Sisi approves EUR 350 mn EIB development loan for Metro Line 1
President Abdel Fattah El Sisi has approved a EUR 350 mn loan agreement with the European Investment Bank (EIB) to…
Egypt to launch online industrial investment map in September
The government is planning to launch a government portal for its industrial investment map by next month, according to an…
Banque Misr awarded investment banking license
The Financial Regulatory Authority (FRA) awarded Banque Misr an investment banking license, FRA Chairman Mohamed Omran told Middle East News…
Egypt plans to expand household natural gas supply network by 950 km
The government is planning to expand Egypt’s natural gas supply network into the households by 950 km by the end…
Earnings watch: Raya Holding, Domty, Suez Cement, Tourah Cement
EARNINGS WATCH: Domty 2Q2019 net profits fall 35% y-o-y: Arabian Food Industries (Domty) reported 2Q2019 net income of EGP 37.5…
Egypt’s FRA gives financial advisors six more months to comply with 2018 regulations
REGULATION WATCH- Egypt’s FRA gives financial advisors six more months to comply with 2018 regs: The Financial Regulatory Authority (FRA)…
Enara to invest USD 1 bn in Africa’s renewables, infrastructure over 3 years
INVESTMENT WATCH- Enara to invest USD 1 bn in African renewable energy, infrastructure over three years: Renewable energy and infrastructure…
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