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Also on our Radar on 31 March 2021
Egypt-Sudan electricity link gets a boost: Siemens Energy was awarded a contract to build two grid stabilization stations in Sudan…
Emaar loves Egypt + Edita’s big move in Morocco
Emaar Properties plans to double its Egypt operations to 30% of its overall business, founder Mohamed Alabbar told Asharq Business,…
What we’re tracking on 28 March 2021
Good afternoon, and welcome to the weekend+ edition, as much of the news day consisted of updates to main headlines…
CBE to provide EGP 1 bn to set up new EGX fund
A fund created yesterday to boost trading volumes on the EGX is getting EGP 1 bn as a preliminary allocation…
The EM policy dilemma threatens fresh bout of volatility
The EM scramble to strike policy balance could lead to a wave of volatility: As the global commodities boom threatens…
Bank ABC is within arm’s reach of Blom Bank
Bahrain’s Bank ABC is finalizing its acquisition of Lebanon’s Blom Bank’s Egypt arm after getting the green light from Bahrain…
What we’re tracking tonight on 22 March 2021
Good afternoon, nice people, and welcome to a reasonably calm news day. Perhaps the biggest stories of this unseasonably hot,…
CBE leaves interest rates on hold
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) decided to leave rates unchanged for a third consecutive time…
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