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In a market first, TCI Sanmar issues bonds to restructure 15% of its debt
TCI Sanmar issued bonds worth USD 117.7 mn in a private placement with nine foreign banks, according to a statement…
The drive of your life + USAID backs CFC technical schools
Shalakany Law Office successfully defended a “major French automotive company” against an EGP 3 bn claim before a Cairo Court,…
US equities are still holding up + Porsche looks set to IPO this fall
US equities are the best of a bad bunch amid global turmoil: Investors are still piling into US stocks despite…
OPEC+ unexpectedly cuts oil supply
And Europe learned the meaning of the word A_a… OPEC+ will cut supply in October in a surprise move meant…
Abdelhalim Allam elected Lawyers’ Syndicate president
Abdelhalim Allam has been elected president of the Lawyers’ Syndicate after a landslide victory, Al Shoroukreported. Allam, who heads the…
Egypt’s top law firms for M&A ranked
The IFLR1000 is out with its rankings of top law firms for M&A in Egypt. The rankings see firms grouped…
THIS MORNING: Are some Egyptian banks finally issuing letters of credit to importers?
Good morning, wonderful people, and happy Wednesday to you all. It’s yet another busy news day, but before you dive…
Expedition Investments’ bid for Domty gets FRA approval
The Financial Regulatory Authority (FRA) has greenlit Expedition Investments’ bid to acquire a 34% stake in cheesemaker Domty, the regulator…
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