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United Pharma IV denies news of acquisition by Medical Union Pharma
Did Medical Union Pharma make an acquisition offer for United Pharma IV? We’re hearing conflicting statements on whether Medical Union…
Speed Round
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Akwan wants to acquire Alexandria National Company for Financial Investment
M&A WATCH- Akwan for Real Estate Development is looking to make a mandatory tender offer for Alexandria National Company for…
Agriculture Ministry raises price of purchasing local yellow corn, cuts back on imports
Egypt is planning to cut down on yellow corn imports during FY2017-18 to 7 mn tonnes, down from 8.5 mn…
Investment Minister completes investment roadmap with 600 new projects
Investment and International Cooperation Minister Sahar Nasr has finished laying out Egypt’s investment roadmap, Al Ahram reports. The plan will…
Prime Minister Ismail forms committees to review Traffic Law amendments
Prime Minister Sherif Ismail formed yesterday a committee to review amendments to the Traffic Law that would incorporate tuk tuks…
Ride-hailing Apps bill misses the whole point of the share economy
Ride-hailing Apps bill misses the whole point of the share economy: It looks like the share economy model for ride-hailing…
House passes Natural Gas Act, Mineral Resources Act
The House of Representatives has finally approved the long-awaited Natural Gas Act without any amendments, Al Shorouk reports. The 53-article…
Egypt’s economy to accelerate in FY2018-19
The worst is now probably over for Egypt, with Egypt’s economy looking set to accelerate in FY2018-19, according to a…
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