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What we’re tracking on 29 January 2020
We have big news for you this morning, ladies and gents: Vodafone Group yesterday confirmed earlier reports that it was…
FDI figures up after CBE adopts new methodology
FDI figures up after CBE adopts new methodology: The Central Bank of Egypt has updated its record of FY2018-2019 foreign…
Abu Dhabi Development Holding to buy stakes in four NIB companies
Abu Dhabi Development Holding to invest in four NIB companies: The Abu Dhabi Development Holding Company (ADDH) and unnamed Emirati…
Here’s where international organizations see the Egyptian economy heading — and how it can improve
Here’s where international organizations see the Egyptian economy heading — and how it can improve: The local press was out…
First Abu Dhabi Bank wants to start formal evaluation of Bank Audi’s Egypt arm
M&A WATCH- FAB wants to start formal evaluation of Bank Audi’s Egypt arm: First Abu Dhabi Bank (FAB) has sent…
RenCap sees Egypt, Morocco leading industrialization-based growth in MENA
RenCap sees Egypt, Morocco leading industrialization-based growth in MENA: Egypt and Morocco are seeing “promising changes” that should help improve…
Egypt’s economy to grow at 5.8% in FY 2019-20 -poll
Egypt’s economic growth will accelerate to 5.8% in the current fiscal year, up from 5.6% in FY2018-2019, a Reuters poll…
United Bank closes its first securitized bond issuance for MNHD
DEBT WATCH- United Bank closes securitized bond issuance for MNHD: The United Bank has closed a EGP 305 mn securitized…
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