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Raya Auto plans investing EGP 300 mn in making motorcycles and electric vehicles
INVESTMENT WATCH- Raya Auto plans to invest EGP 300 mn in three years: Raya Holding’s automotive unit Raya Auto is…
Egypt’s current account deficit almost doubles in 3Q2018-2019
Current account deficit almost doubles in 3Q2018-2019 as non-oil imports rise: The current account deficit almost doubled during 3Q2018-2019 to…
EIB expresses interest in financing Cairo-new capital monorail
EIB wants in on new capital monorail financing: The European Investment Bank (EIB) is interested in joining forces with the…
Misr Insurance, Misr Life Insurance could IPO on Egypt’s bourse by end-2020
IPO WATCH- Misr Insurance, Misr Life Insurance will IPO-ready by the end of 2020: State-owned Misr Insurance and Misr Life…
Egypt in talks with a number of automotive companies for local assembly
EXCLUSIVE- Tata joins host of automotive companies in talks to invest in Egypt: India’s Tata Motors is in talks with…
Kharafi National looking to invest up to EGP 1 bn in Future City
INVESTMENT WATCH- Kharafi Nationalmulls investing up to EGP 1 bn in Future City infrastructure project: Infrastructure contractor Kharafi National could…
EARNINGS WATCH- Qalaa Holdings’ revenues rise 13% y-o-y in 1Q2019 to EGP 3.4 bn
EARNINGS WATCH- Qalaa Holdings revenues rise 13%, losses narrow to EGP 154.6 mn: Qalaa Holdings’ revenues rose 13% y-o-y in…
Another mixed bag of nuts on Egypt’s airwaves
The airwaves gave us a mixed bag of nuts last night, with no single topic reigning supreme. End of fiscal…
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