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Subsidized food prices to be reviewed every quarter -El Moselhy
Subsidized food prices to be reviewed every quarter -El Moselhy: Prices of commodities subsidized by ration cards will be reviewed…
Ezz Dekheila Steel acquires Ezz Flat Steel in a USD 356.07 mn transaction
M&A WATCH- Ezz Dekheila Steel acquires Ezz Flat Steel in a USD 356.07 mn transaction: Ezz Steel divested its full…
Shell taps Citi to manage sale of its onshore upstream assets in Egypt’s Western Desert
M&A WATCH- Royal Dutch Shell has tapped investment bank Citi to manage the upcoming sale of its onshore upstream assets…
Kuwait gives initial approval to increase crude exports to Egypt
Kuwait has given preliminary approval to increase crude exports to Egypt by 1 mn bbl per month, industry sources say,…
Apicorp acquires 24% equity stake in Al Khorayef United Holding
M&A WATCH- Apicorp acquires 24% stake in Al Khorayef United Holding: The Arab Petroleum Investments Corporation (Apicorp) has acquired a…
El Rashidy El Asly inaugurates new EGP 200 mn factory
Confectioner El Rashidy El Asly inaugurated the first phase of its EGP 200 mn factory in Sixth of October City,…
South Disouq natgas field begins production
UK oil and gas firm SDX Energy announced yesterday that natural gas production at its South Disouq concession began on…
Canadian companies planning to invest USD 70 mn in gold processing facility in Egypt
INVESTMENT WATCH- A group of unnamed Canadian companies are looking to set up a USD 70 mn gold processing facility…
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