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Hilton plans expansion into Egypt thanks to upswing in tourism and devaluation
Hilton plans expansion into Egypt thanks to upswing in tourism and the EGP float: Hilton plans to expand its number…
Speed Round
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Kenyans head to the ballot box, South Africa’s Jacob Zuma survives no-confidence vote
Kenya’s opposing bloc is dismissing early results from its presidential election showing President Uhuru Kenyatta leading the race as “fake,”…
Kuwait launching new initiative to end Qatar smackdown
Kuwait is trying to launch a new initiative to mediate between Egypt, the GCC countries and Qatar through focusing on…
Dana Gas sees debt restructuring court case playing out in its favor
Dana Gas sees debt restructuring court case playing out in its favor: Sharjah-based gas producer Dana Gas — which has…
DiDi Chuxing invests in Careem
DiDi Chuxing’s war with Uber took a new turn as the Chinese outfit invested in regional rival Careem. The China-based…
Is TBS still in play?
M&A WATCH- Take this with a heaping tablespoonful of salt: A confused Daily News Egypt suggests that both Al Hokair…
ADES International Holding announces strong financial and trading positions in 1H2017
EARNINGS WATCH- LSE-listed oil and gas services firm ADES International Holding is giving strong guidance ahead of the release of…
Earnings watch- MNHD
EARNINGS WATCH- Madinet Nasr Housing & Development (MNHD) reported a 246% y-o-y increase in consolidated net profits to EGP 509.6…
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