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What the markets are doing on 14 December 2020
The EGX30 rose 0.2% yesterday on turnover of EGP 1.2 bn. Regional investors were net buyers. The index is down…
Qalaa Holdings reports 3Q2020 results
Qalaa Holdings reported a consolidated net loss after minority interest of EGP 450 mn in 3Q2020, widening its losses from…
Orascom Construction eyes infrastructure investments
Orascom Construction looks to be eyeing recurring revenue as CEO Osama Bishai tells Hapi Journal the company has appetite for…
Egypt’s natgas transition is in line for a boost
Subsidized loans and more may be in the cards for those looking to convert petrol-powered cars to run on natural…
The first two military-owned companies line up to sell shares
Safi, Wataniya Petroleum are up first in Egypt’s plan to partially privatize military-owned companies: The Sovereign Fund of Egypt (SFE)…
FinMin is hedging like it never hedged before
Egypt has nearly doubled its oil hedging contracts so far this fiscal year, as the government looks to lock in…
Is Egypt on its way to becoming a data hub? Part 1 — the data center landscape
Is Egypt on its way to becoming a data hub? Part 1 — the data center landscape: Establishing Egypt as…
Around the world on 9 December 2020
The big story of the morning globally is the rollout of a covid-19 vaccine in the UK, as we note…
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