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Mashreq Global Network is expanding outsourcing operations in Egypt. PLUS: News from EFG Corp-Solutions, Samcrete, ACUD, Banque Misr
Mashreq Global Network will create 300 jobs in the process
Egypt aims to raise USD 6.5 bn from state asset sales in 2024
The target refers only to finalized sales made during the calendar year, a government source confirmed to Enterprise
Egypt targets USD 6.5 bn from the privatization program in 2024- Maait
Good afternoon ladies and gentlemen, and happy hump day. We’re not sure about you, but this week feels to us…
Why is there an Egyptian edtech startup expansion to the Gulf?
Egypt serves as a unique testing ground from which startups can more easily expand regionally, Baims CSO Hossam Taher thinks
Gov’t appoints Compass Capital to promote its stake in EPP + TMG’s Icon finalizes acquisition of 51% in Legacy hotels
Compass will promote part of the government’s 22% stake in EPP to investors in the Gulf and China
Egypt could retain 20% in Ras El Hekma following sale to Gulf investor
The cabinet is currently reviewing “investment offers for important projects that are expected to generate huge resources of foreign currency”
What the markets are doing on 8 February, 2024
The EGX30 rose 1.8% at today’s close on turnover of EGP 4.9 bn (34.2% above the 90-day average). Foreign investors…
Devaluation, the IMF package, and Ras El Hekma: Here’s what you need to know this morning
There’s a lot of chatter, but nothing concrete on any of those fronts
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