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Al Sahab Real Estate to set up USD 300 mn wholesale clothing market
INVESTMENT WATCH- Al Sahab to set up USD 300 mn wholesale clothing market: The Supply Ministry’s Internal Trade Development Authority…
No stake sales in state companies happening before September
EXCLUSIVE- No stake sales in state companies happening before September: The sale of additional stakes in already listed state companies…
Blom Egypt Securities applies for short selling license
Blom Egypt Securities has applied for a short selling license from the Financial Regulatory Authority (FRA), Managing Director Mohamed Fathalla…
Egypt talks investment options with Germany’s Wintershall DEA
The Oil Ministry met with a delegation from Germany’s Wintershall DEA yesterday to explore investment options, according to a ministry…
Japan wants more investment incentives in Egypt
Japan wants more investment incentives in Egypt, particularly in the automotive industry: Japan’s External Trade Organization (JETRO) has been meeting…
Orascom Investment withdraws offer to acquire Nile Sugar
M&A WATCH- Sawiris’ Orascom Investment backtracks from Nile Sugar acquisition: Orascom Investment Holding (OIH) has withdrawn its offer to acquire…
Egypt’s HyperOne to invest EGP 5 bn on developing new, existing branches
INVESTMENT WATCH- HyperOne to invest EGP 5 bn on developing new and existing branches: Retail chain HyperOne will spend EGP…
Sovereign investors shift towards emerging markets, Asia
Sovereign investors shift towards emerging markets, Asia: Sovereign investors increasingly see the largest EM economies as being more attractive investment…
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