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THIS EVENING: Abu Dhabi’s ADQ wraps up acquisitions in three state-owned companies
Good afternoon friends, and welcome to this Tuesday-hump-day. Despite the regional war steering the local and international news we have…
MPs approve fresh borrowing, oil exploration
The government will borrow USD 500 mn from Deutsche Bank and Bank ABC to fund healthcare and education spending
Golden licenses attract mns of USD in fresh investment
Samsung is investing more than expected in a new phone assembly facility and EgyptSat Auto sees its first cars hitting…
Egypt, Turkey discuss freight line, bilateral trade, and cross-border banks
Egypt wants to boost trade volumes with Turkey by 50% to USD 15 bn in the next five year
No ceasefire in sight + S&P downgrades Egypt’s sovereign credit rating to B- from B.
Good morning, friends. We hope this Friday treats you well. Our week’s business news cycle has been bearish as the…
Emaar eyeing up state-owned New Alamein towers. Plus: PFI-owned Red Sea global looks toward Egypt
The Emaar chairman stated that the company is committed to making further investments in the country
EBRD could invest USD 40 mn in SPE Capital’s new North Africa-focused fund
The USD 350 mn fund will invest in mid-cap companies in Egypt, Morocco, and Tunisia
Egypt targets USD 25 bn in annual FDI in 5 years -GAFI head
The green energy sector is expected to receive more than USD 50 bn over the coming decade
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