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Toyota snubs Saudi Arabia
Toyota snubs Saudi Arabia: Toyota is reportedly backing out of plans to build a car plant in Saudi Arabia, sources…
RIZ can expect to see 100 new agreements signed this year
INVESTMENT WATCH- Russia predicts 100 new agreements for RIZ this year: There is growing interest among Russian companies to set…
ACCH finishes roadshow in Dubai and London ahead of share sale
Progress in state privatization program as opening legs of Alexandria Containers roadshow conclude: Advisers on the share sale by state-owned…
What we’re tracking on 20 June 2018
Expect the FY2019-2020 budget debate to dominate the headlines next week. The House of Representatives general assembly will reconvene on…
Egyptians Abroad Investment and Development to launch logistics investment fund in 2020
The Egyptians Abroad Investment and Development Co plans to launch its logistics sector-focused fund next year, CEO and Vice Chairman…
Egypt to begin tendering land under new mechanism
REGULATION WATCH- Cabinet outlines new land tender mechanism for mixed-use developments in new communities: The Madbouly Cabinet outlined in a…
Egypt’s FRA grants short selling licenses to EFG, CIB, AAIB
EFG, CI and AAIS take out short-selling licenses: The brokerage arms of EFG Hermes, CI Capital and the Arab Arfrican…
GSK inaugurates new EGP 20 mn line in its Giza, Egypt factory
INVESTMENT WATCH- GSK inaugurates new EGP 20 mn line: GlaxoSmithKline (GSK) Consumer Healthcare inaugurated a EGP 20 mn production line…
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