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Export Development Bank of Egypt appoints new deputy chairman
MOVES- The Export Development Bank of Egypt appointed Ahmed Galal Abdallah as Deputy Chairman, according to a bourse disclosure. Abdallah…
Speed Round
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EFG Hermes tops brokerage league tables for August
EFG Hermes topped the EGX’s brokerage league table for August with a 12.6% market share, according to Youm7. CI Capital…
Inching closer towards commodities exchange, sukuks and short-selling
Inching closer towards commodities exchange, sukuks and short-selling: The Cabinet recently approved the introduction of new capital markets and financial…
Baker Hughes looks to expand scope of investments in Egypt
INVESTMENT WATCH- This news comes as General Electric oilfield services subsidiary Baker Hughes is looking to increase its investments in…
Panasonic opens its first TV manufacturing plant in Egypt
INVESTMENT WATCH- Panasonic opened its first TV manufacturing plant in Egypt, Trade Arabia reports. The company is planning to produce…
Mintra to establish USD 50 mn sports shoe plant
INVESTMENT WATCH- Local paper and stationery manufacturer Mintra will be establishing a new plant to produce sports shoes with an…
ADM eyes new investments in Egypt, could open up production facilities
INVESTMENT WATCH- Global food producer Archer Daniels Midland (ADM) is looking to invest more in Egypt and could open its…
El Sisi at the BRICS Summit
Did Egypt and Russia just finalize the Dabaa agreement? Egypt and Russia have reportedly finalized their agreement over the USD…
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