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EBRD EUR 290 mn funding to Egypt not related to GE agreement
CLARIFICATION- The EBRD’s EUR 290 mn investment in Egypt to finance the Egyptian National Railway’s fleet upgrade announced on Monday…
Speed Round
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Arqaam Capital does well on Extel MENA poll
Arqaam Capital has “improved its ranking in this year’s Extel survey by one placeclinching the third spot in the Middle…
Saudi is a winner, Argentina a loser, and Nigeria gets a stay of execution as MSCI announces results of 2017 classification review
Saudi is a winner, Argentina a loser, and Nigeria gets a stay of execution as MSCIannounces results of 2017 classification…
FEP back FY2017-18 budget
The Misryoon Al Ahrar Party (FEP) has backed the 2017-18 state budget. That’s the highlight of the shockingly poor (and…
Administrative court has rejected an appeal by Safwan Thabet to unfreeze his accounts
The Administrative Court rejected on Tuesday Juhayna Chairman Safwan Thabet’s appeal against the government's freeze on his assets, which was…
Number of blocked websites in Egypt now stands at 101 -AFTE
This is a concern: Seven new websites were reportedly blocked in Egypt on Monday, according to the Association for Freedom…
Egyptian developers dominate Facebook’s Bots for Messenger Developer Challenge
Egyptian developers dominated Facebook’s Middle East and AfricaBots for Messenger Developer Challenge, a contest to recognize and reward developers who…
Earnings Watch: Beltone Financial Holding
EARNINGS WATCH- Beltone Financial Holding reported a consolidated net loss of EGP 14 mn in 1Q2017, down from a net…
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