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What we’re tracking on 14 January 2019
Expect today’s news to be led by Finance Minister Mohamed Maait’s trip to Asia to soften the ground for upcoming…
Beltone eliminated from NI Capital’s tender for management of Abu Qir stake sale over Sarwa flap
IPO WATCH- Beltone wasn’t invited to bid for a piece of Abu Qir stake sale: State-owned investment bank NI Capital…
Egypt in talks with UGS to drop USD 2 bn arbitration claim over Damietta liquefaction plant
Egypt is in talks with Spanish-Italian JV Union Fenosa Gas (UGS) in a bid to have the European outfit drop…
Apicorp to invest USD 1 bn in five countries, including Egypt, in 2019
INVESTMENT WATCH- Apicorp to invest USD 1 bn in five countries, including Egypt, in 2019: Egypt is one of five…
Egypt’s current account deficit narrows marginally, BoP nets USD 248.1 mn in 1QFY18-19
Egypt’s current account deficit narrowed marginally to USD 1.751 bn in 1QFY18-19, down from USD 1.754 bn during the same…
Sahar Nasr discusses with Uber’s SVP investment plans in Egypt
Investment Minister Sahar Nasr met with Uber’s Senior VP and Chief Legal Officer Tony West yesterday to discuss the details…
Egypt’s Nassef Sawiris sells shares in Switzerland’s LafargeHolcim
Nassef Sawiris sells USD 68 mn of shares in LafargeHolcim: Nassef Sawiris sold off USD 67.5 mn-worth of shares he…
Manfoods to invest EGP 250 mn in Egypt in 2019
INVESTMENT WATCH- Manfoods to invest EGP 250 mn in Egypt in 2019: Manfoods, which holds the franchise for McDonald’s, is…
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