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Careem invests USD 500k in Swvl
INVESTMENT WATCH- Ride-hailing app Careem has invested USD 500k in Swvl, a three-month-old Egyptian bus transportation service, Reuters reports. Careem…
Speed Round
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Proposal to ease listing of state-owned companies in the UK could prove fruitful for Egypt
Speaking of IPOs of state-owned companies: The United Kingdom is pulling out the stops to attract listings of government corporations.…
Beltone has plans for two IPOs this year, partners with Renaissance Capital to bid on state IPOs
IPO WATCH- Beltone Financial has two IPOs in the pipeline for execution before the end of the year worth a…
Government to sign private-sector non-binding raise agreement today
Government to sign non-binding agreement on private-sector raises today: Prime Minister Sherif Ismail will ink today a non-binding agreement with…
Investment map leaked in the local press
Investment map leaked in the local press: Al Mal has released copies of what it says are projects up for…
Unilever vies with Hormel to buy foods division of Reckitt Benckiser
Unilever and Hormel Foods Corp will be vying to acquire the foods division of Reckitt Benckiser, according to a Reuters…
UAE orchestrated hacking of Qatari government sites, says WaPo
Washington Post claims the UAE orchestrated hacking of Qatari government sites: The UAE reportedly orchestrated the alleged hack of Qatar’s…
Erdogan is hurting gas exploration in East Mediterranean
Erdogan is hurting gas exploration in East Mediterranean to score political points at home: The inability of Greek Cyprus and…
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