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Banque Du Caire’s IPO limited to 20%
IPO WATCH- It seems state-owned Banque du Caire will list no more than 20% of its shares during its upcoming…
Speed Round
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Foreign investments in Egypt’s debt remains strong
Meanwhile, foreign interest in Egyptian debt remains strong. Foreign holdings of Egyptian debt topped EGP 204 bn (USD 11.4 bn)…
Gov’t gives its figures for FY2016-17
Gov’t presents its figures for FY2016-17: Planning Minister Hala Saeed appeared to respond to the IMF’s macro indicators with its…
IMF board approves release of second tranche of extended fund facility
The International Monetary Fund has approved release of the second USD 1.25 bn tranch of the USD 12 bn IMF…
Egypt and Hamas reach new agreements to improve conditions in Gaza -Hamas officials
Egypt and Hamas have agreed to increase Egypt’s fuel supplies to Gaza and “commercial exchanges” to alleviate the blockade on…
Egyptian Competition Authority rules beIN Sports agreements with CNE void
The Egyptian Competition Authority (ECA) declared the agreements between Cable Network Egypt (CNE) and Qatar’s beIN Sports void on Wednesday,…
Cabinet approves establishing new Mansoura city
The Ismail government approved yesterday a project to establish a new city in Mansoura spanning 5,100 feddans, according to a…
Saudi Arabia’s tourism investments in Egypt are on the rise
Saudi Arabia’s tourism investments in Egypt are on the rise, with Tourism Minister Yehia Rashid reportedly stating that they are…
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