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Railway projects face delays as international lenders divert USD 1.8 bn in loans
Railway projects could be placed on ice as disbursal of USD 1.8 bn in international funds are delayed: Some USD…
Can Africa imitate China’s rapid development?
Can Africa imitate China’s rapid development? Africa could harness its manpower and natural resources to generate massive economic growth, the…
Samih Sawiris brings his stake in Germany’s FTI Group to 51%
M&A WATCH- Samih Sawiris ups his stake in Germany’s FTI to become majority shareholder: Orascom Development Holding Chairman Samih Sawiris…
What we’re tracking on 14 April 2020
Words that should never be said again by anyone, anywhere: “We’re all in this together.” Just sayin’. TWO THEMES are…
Earnings watch: Orascom Development Egypt, Amer Group report 2019 results
EARNINGS WATCH- Orascom Development Egypt’s (ODE) profits rose 41.1% y-o-y to EGP 705.6 mn in 2019, according to the company's…
Banque du Caire postpones IPO on market turmoil -chairman
IPO WATCH- Banque du Caire postpones IPO on market turmoil, chairman confirms: State-owned Banque du Caire (BdC) has shelved plans…
Samih Sawiris mulls takeover of Germany’s FTI Group
M&A WATCH- Samih Sawiris mulls takeover of Germany’s FTI Group: Orascom Development Holding Chairman Samih Sawiris is considering the acquisition…
What we’re tracking on 8 April 2020
The 7pm-6am curfew to slow the spread of covid-19 technically expires today. We say “technically” because it was imposed on…
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