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Egyptian investor threatens Ethiopia with arbitration suit for Tigray damages
An Egyptian businessman is threatening to file an international arbitration case against the Ethiopian government for alleged damages incurred as…
Misr Travel, Structure Line reach EGP 500 mn settlement
Misr Travel ends its dispute with Structure Line: Saudi Structure Line Development has agreed to pay an EGP 500 mn…
KWD 5.5 mn Kuwait Fund for Arab Economic Development loan ratified
The North Sinai cities of Rafah and Bir Al Abd will be getting new water desalination plants, after President Abdel…
Gone but not forgotten
The Ever Given has left Suez. But Suez hasn’t left the Ever Given. The owner of the ship responsible for…
Court overturns USD 494 mn arbitration ruling against Damietta Port Authority
The Cairo Court of Cassation has overturned an International Court of Arbitration (ICC) ruling against Damietta Port Authority that had…
Court upholds life sentences for Ikhwan leaders
This morning in the pages of the foreign press: The Court of Cassation has upheld the life sentences handed down…
THIS MORNING: EGX tests today; UN Security Council to talk GERD today? Moscow is trying to mend Saudi-UAE ties; Assassination of Haitian president dominates global press.
Happy Thursday, readers — It appears we’ve reached the pre-Eid news slowdown a week early. With a grand total of…
TONIGHT: EFG Hermes reaches first close of Vortex Energy IV Fund. + Consumer finance players get VAT exemption. ALSO: Take us to Iceland.
It’s a finance heavy issue today, ladies and gentlemen, new transactions, private equity funds and FDI news coming in through…
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