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El Sisi talks politics, economics + takes audience questions
President Abdel Fattah El Sisi addressed a range of economic and political issues yesterday and took questions from audience members…
Speed Round
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Earnings Watch: GB Auto, MNHD, Oriental Weavers, Amer Group, Porto Group
EARNINGS WATCH- GB Auto swung to a net loss of EGP 154.5 mn on revenues of EGP 2.96 bn in…
Shalakany advises Engie on E&P asset sale in Egypt
M&A Watch- Shalakany Law announced it assisted Engie as the sole sell side legal advisor in the transaction to sell…
Qalaa Holdings sells stake in ASEC Cement Algeria for USD 60 mn
M&A Watch- Qalaa Holdings announced it completed the sale of 100% of its stake in ASEC Cement Algeria to an…
EFSA greenlights Cleopatra Hospital acquisition of 46.23% of Cairo Specialized Hospital
M&A Watch- The Egyptian Financial Supervisory Authority (EFSA) greenlit Cleopatra Hospital’s acquisition of 46.32% of Cairo Specialized Hospital on Sunday,…
Green Valley mulls EGX listing, nears agreement with EFG Hermes -Chairman
IPO WATCH- Green Valley Group is looking to list on the EGX in the upcoming period, Chairman Sayed El Sammak…
CIB agrees to sell 13.7% stake in CI Capital
CIB has agreed to sell a 13.7% stake in CI Capital, CI Capital CEO Mahmoud Attalla said yesterday, according to…
Blumberg Grain seeks resolution with Egypt
Blumberg Grain seeks resolution with Egypt: Prime Minister Sherif Ismail has tasked the Justice Ministry’s Arbitration and International Disputes to…
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