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Euromoney highlights
HIGHLIGHTS from the Euromoney conference: Speakers on the opening day of the conference yesterday included SODIC Managing Director Magued Sherif,…
Telecom Egypt officially launches its mobile network
Beware of callers whose numbers start with 0155: Telecom Egypt’s mobile network is called “We” (we kid you not) and…
Cleopatra Hospital Group earmarks EGP 1 bn for acquisitions to bring capacity to 1,000 beds
Cleopatra Hospital Group has earmarked EGP 1 bn for acquisitions that will bring its capacity up to 1,000 beds: The…
EFG Hermes inaugurates New York office
EFG Hermes announced yesterday the launch of operations in the US with an office in New York. EFG Hermes USA…
Ibnsina Pharma files intention to float on EGX
IPO WATCH- Ibnsina Pharma announced its intention to proceed with an initial public offering (pdf) on the EGX. The company,…
No further import restrictions - Kabil
The Trade Ministry has no plan to further restrict imports, Minister Tarek Kabil told Al Mal in an interview. Measures…
Government looks towards GDP growth levels of 5-5.25% this fiscal year - El Garhy
The government targeting GDP growth of 5-5.25% in FY2017-18, Finance Minister Amr El Garhy said, Reuters reports. Speaking yesterday on…
Monthly inflation peaked, economy won’t see negative impact from US rate increase -Amer
Central Bank Governor Tarek Amer does not appear too worried about the US Federal Reserve’s impending rate increase, saying in…
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