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Beltone looking to expand into frontier markets, setting up USD 1 bn fixed income fund
INVESTMENT WATCH- Beltone Financial will launch in September a USD 1 bn fund to invest in fixed-income instruments, CEO Bassem…
Uber board fighting getting nasty
Uber board fighting getting nasty: A group of minority shareholders in Uber delivered a petition to majority shareholder Benchmark Capital…
No boycott of US companies doing business with Qatar -sources
US companies doing business with Qatar will not be punished by countries leading a boycott of the tiny Gulf state,…
Earnings watch: Porto Group, Arabian Cement Company
EARNINGS WATCH- Arabian Cement Company reported a consolidated net profit after tax in 2Q2017 of EGP 12 mn, down from…
Ahmed Zaki Abdeen appointed Chairman of New Administrative Capital Company
MOVES- Former local development minister Ahmed Zaki Abdeen was appointed Chairman of the New Administrative Capital Company for Urban Development,…
ENR head resigns, train wreck crews detained, “selfie medics” punished following social media uproar
ENR head resigns, prosecution detains drivers and assistants pending further inquiry into Friday collision: The Head of the Egyptian National…
LNG cargo purchases to drop to 80 in the current fiscal year -El Molla
Egypt plans on buying just 80 LNG cargoes in FY2017-18, down from 118 in FY2016-17, Oil Minister Tarek El Molla…
Alwaleed Bin Talal says Egypt is safe for tourism, investments
Alwaleed to invest in Egypt, promotes tourism: Globally prominent Saudi businessman Alwaleed bin Talal has a message for the world this…
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