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CIB sells 3.45% stake in CI Capital for EGP 44.9 mn
CIB sells 3.45% stake of CI Capital: CIB announced on Thursday the sale of 3.45% of its stake in CI…
Speed Round
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Stamp tax executive regulations, income tax breaks out in Official Gazette
Stamp tax on EGX transactions, income tax cuts are now official: The amended executive regulations for the new stamp tax…
Flour, diesel subsidies officially come to an end for subsidized bread bakeries
Flour, diesel subsidies officially come to an end for subsidized bakers: The Supply Ministry unveiled its new subsidy system, which…
UAE pipeline of IPOs and their estimated numbers
The UAE is building a pipeline of IPOs that could come in ahead of the Aramco listing next year, getting…
UN report accuses anti-Houthi coalition of attacking migrant boat
UN report accuses anti-Houthi coalition of attacking migrant boat: A UN report accused the Saudi Arabia-led military coalition fighting in…
Czech tourist stabbed in Hurghada pronounced brain dead
The Czech woman who was among the victims of this month’s stabbing attack in Hurghada is effectively brain-dead, Egyptian doctors…
Sameh Shoukry meets Libya’s Khalifa Haftar, French National Assembly President in Paris
Foreign Minister Sameh Shoukry discussed the security situation in Libya the country’s eastern commander General Khalifa Haftar during a meeting…
Earnings watch: Juhayna, Oriental Weavers, Eastern Tobacco
EARNINGS WATCH- Juhayna reported an 8.4% y-o-y decrease in consolidated net profit to EGP 27.3 mn in 2Q2017, according to…
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