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Daily covid cases inch up again
The Health Ministry reported 378 new covid-19 infections yesterday, up from 368 the day before. Egypt has now disclosed a…
Fawry shareholders green-light plans to buy back stakes held by CIB, Banque Misr
Fawry’s shareholders greenlit the acquisition of CIB and Banque Misr’s stakes in subsidiary Fawry Plus, the e-payments giant announced in…
Investor confidence in Egypt’s renewables is rising, but risks remain
Investor confidence is rising in Egypt’s renewables, but major risks are still seen in some areas: Since the launch (pdf)…
Covid cases could be 10x higher than reported, says Zayed
Covid cases on the ground are probably 10 times as many as the reported figures: The official figures of any…
Last Night’s Talk Shows on the back-to-school vaccine drive, the sacking of Egypt’s national team coach, and bourse tax rumors
Last night’s talk shows focused on the run-up to the new 2021-2022 school year: Some 800k people working in Egypt’s…
FX reserves inch up in August
Egypt’s foreign currency reserves inched up by USD 62.9 mn in August, reaching USD 40.67 bn from USD 40.61 bn…
The Good, the Bad, and the Ugly of today’s global covid news
THE GOOD- High-risk patients with covid are less likely to be hospitalized when taking monoclonal antibody treatment, according to the…
TONIGHT: Egypt is the second hottest M&A market for Middle East investments + Fed taper delay gives global markets a boost. ALSO: It’s 80s night on the tube this week.
Good afternoon, ladies and gentlemen, and welcome to a stacked day of business and finance news both foreign and domestic.…
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