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Samcrete general assembly approves voluntary delisting
Construction firm Samcrete Egypt’s general assembly has approved voluntary delisting from the EGX, after failing to meet amended EGX listing…
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AIND files request to FRA for capital reduction
Arabia Investment and Development Holding’s (AIND) board of directors submitted a request to the Financial Regulatory Authority for a capital…
CIB’s board approves capital increase through bonus shares
CIB’s board of directors approved on Sunday increasing the bank’s issued capital by EGP 2.98 bn to EGP 14.58 bn…
Investors in tech zones could receive tax breaks of up to 50%
Investors in new Egyptian tech zones could get tax breaks of up to 50% for a period of three years…
MAF contracted to develop retail outlets for NUCA’s new urban centers
Majid Al Futtaim (MAF) Group signed an agreement on Tuesday with the New Urban Communities Authority (NUCA), which would see…
Government to tender 13.1k feddans in 10 Ramadan City
The government has invited investors to submit their offers for the development of 13.1k feddans in 10 Ramadan City, where…
Religious Endowments Authority to re-issue tender to restructure its asset portfolio
The Religious Endowments Authority is planning to re-issue a tender to select an asset management company to take the lead…
Economic court orders open auction on Al Hayat TV trademarks
The Cairo Economic Court has issued an order for an open auction on Al Hayat TV’s trademarks on 15 August,…
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