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Egypt’s net FX reserves grow to USD 31.3 bn in June
Egypt’s net FX reserves grew a measly USD 180 mn to USD 31.3 bn in June, up from USD 31.1…
Speed Round
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CI Capital-led consortium snags Enppi IPO
IPO WATCH - CI Capital-led consortium snags Enppi IPO: A consortium led by CI Capital was tapped by the government…
North Korea announces the successful launch of an ICBM missile
In other rogue nation news: the world just apparently got a little less safer, after North Korea announced that it…
Volkswagen announced plans to sell cars in Iran for the first time in 17 years
We are seeing a flurry of activity heading towards Iran these days, as Volkswagen announced plans to sell cars in…
Correction
CORRECTION - We have a couple of Mia Culpas from yesterday’s issue. It was actually Tanmeyah Microfinance which would be…
Moves
MOVES- Our good friend Menatalla Sadek will be resigning her post as Chief Investment Officer for Ghabbour Auto as of…
Media Production City stops Al Hayat channels broadcasting over debts
Media Production City pulls the plug on Al Hayat TV: Broadcasting of Al Hayat TV channels was halted on Monday…
Takaful and Karama to give children under six a monthly stipend of EGP 60 for the first time
Takaful and Karama to handout cash subsidies to children under six: Children under the age of six will be getting…
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