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Egyptian cotton is making a comeback
Egyptian cotton is making a comeback: Exports of Egypt’s long-staple cotton are expected to rise 19% y-o-y to 38,000 tonnes…
Speed Round
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Earnings watch: Palm Hills Developments
EARNINGS WATCH- Palm Hills Developments reported a 114% y-o-y increase in net profit after tax and minority interest to EGP…
Orange Egypt reshuffling its management team
MOVES- Orange Egypt has appointed Ashraf Halim as deputy to CEO Jean-Marc Harion, according to the company’s website. The changeup…
Nasr to Chair GAFI, Zobaa appointed as full-time managing director
MOVES- Prime Minister Sherif Ismail appointed Investment and International Cooperation Minister Sahar Nasr as chairperson of the General Authority for…
Zulficar & Partners advising on three M&As including two worth EGP 850 mn
Zulficar & Partners has been tapped as legal advisor on three M&As in the healthcare and retail sectors, senior associate…
CBE breathes life back into FX bureaus
CBE breathing life back into FX bureaus? The central bank plans to allow up to 24 FX bureaus it had…
Inflows hit USD 40 bn since EGP float
Egypt has pulled in USD 40 bn worth of inbound investment and transfers from abroad since the EGP float in…
New trading systems coming, short selling at long last
Short selling coming to the EGX? The EGX and Misr for Central Clearing, Depository, and Registry (MCDR) plan on introducing…
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