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Rencap looks to set up Egypt office before the end of the year
Emerging markets specialist Renaissance Capital plans to begin operations in Egypt before the end of the year, Al Mal reports.…
ERC to shift focus towards real estate development outside of Sahl Hasheesh for the first time?
ERC to shift focus towards real estate development outside of Sahl Hasheesh for the first time? Egyptian Resorts Company is…
European corporate executives and fund managers hope to increase investments in Egypt
European execs, fund managers mull increase in Egyptian investments: There’s good appetite for Egypt among corporations and fund managers, whether…
Maglis El Dowla completes review of Investment Act regs
Council of State completes its review the executive regulations to the Investment Act: The Council of State (Maglis Al Dawla)’s…
Mercedes Benz allocated assembly line space in SCZone, but spokesperson refuses to confirm it will assemble here
INVESTMENT WATCH- Is Mercedes-Benz really back? The automaker, which suspended assembly in Egypt in 2015 as the FX crisis deepened,…
Egypt makes “good start” with reform program -IMF
The IMF thinks Egypt is on track with the economic reform program, according to the Associated Press. Egypt has made…
Other international news
Something to keep an eye on: The Palestinian government will meet in Gaza next week to begin taking administrative control…
Khaled Ali sentenced to three months prison
Dissident lawyer and presidential hopeful Khaled Ali’s was sentenced by a Dokki criminal court to three months prison time for…
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