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Egypt in the News on 8 July 2020
For the first time in a long time, business and the economy are leading the conversation on Egypt in the…
Amer Group appoints Hassan El Aroussy as CEO of Porto Club; EY taps Ahmed Al Esry as MENA head of tax consultancy; Gamea continues as head of Egypt’s MSME agency
MOVES- Hassan El Aroussy (Linkedin) has been appointed as CEO of Amer Group subsidiary Porto Club Sports Investment, according to…
Egypt tops MENA FDI charts in 2019 with USD 13.7 bn
Egypt was the top destination in MENA for FDI last year: Egypt attracted USD 13.7 bn worth of foreign direct…
Egypt to offer 16k sqm of land in Upper Egypt to investors without charge
The government is offering more than 16k sqm of land in Upper Egypt without charge to investors as part of…
Egypt’s Heliopolis Housing to finalize its new development plan this week
PRIVATIZATION WATCH- HHD’s new development plan will be finalized this week: State-owned Heliopolis for Housing and Development (HHD) expects to…
Egypt remains most active VC market in MENA in 1H2020 -Magnitt
Egypt remained the most active venture capital market in MENA during 1H2020 with 25% of all transactions in the region,…
NI Capital in talks with Bank Audi for acquisition of Arabeya Online brokerage
M&A WATCH- NI Capital eyes Arabeya Online acquisition: State-owned investment bank NI Capital is in talks with Bank Audi to…
EM portfolio inflows continue to recover in June as sentiment shifts
Net portfolio inflows to emerging markets continued to recover in June, soaring to USD 32.1 bn from USD 3.5 bn…
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