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EFG Hermes Asset Management to manage two funds for Ahli United Bank
EFG Hermes Asset Management to manage two funds for Ahli United Bank: EFG Hermes Asset Management has been selected to…
Speed Round
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Country’s four largest law firms compete for role of legal advisor in Enppi IPO
IPO WATCH- Four of the country’s most prominent law firms are reportedly bidding for the role of legal advisor on…
The battle to maintain 0.05% ergot rule continues
The battle to maintain 0.05% ergot rule continues: The government filed an appeal against last month’s Administrative Court verdict that…
Government to issue amendments to laws to regulate public spending
Attention government suppliers and contractors. Finance Ministry looking to overhaul tendering process. The government will be introducing a slew of…
How will VAT impact the telecoms sector?
Telecoms sector braces for VAT: As the date of implementing the value-added tax (VAT) in its second year closes in…
Fuel hike to reduce state expenditures on fuel subsidies to 7-8% of total spending
Companies are continuing to calculate adjustments to rising production costs after last Thursday’s fuel hikes. The Federation of Egyptian Chambers…
Eurobond issuance in September
Another Eurobond issuance coming in September? It appears that the Finance Ministry is considering another EUR-denominated bond issuance in September,…
Abraaj planning IPO of Libstar
Abraaj Group is reportedly planning an IPO of South African food and personal care maker Libstar, which may value the…
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