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Earnings Watch: Orascom Hotels & Development
EARNINGS WATCH- Orascom Hotels & Development reported a consolidated net loss of EGP 499.5 mn in 2016 compared with a…
Speed Round
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Helmy becomes Senior Advisor to Orange OMEA, Mettling to take over Egypt chairmanship temporarily
MOVES- Orange Middle East and Africa (OMEA) announced the appointment of Atef Helmy, Orange Egypt’s chairman and a former CIT…
Aya Hijazi arrives in the US, meets with Donald, Ivanka Trump
Egyptian-American charity worker Aya Hijazi arrived in the US on Thursday, two days after she was released from pretrial detention…
Egypt plans to defer shipments of LNG causing jitters in world market
There are jitters in the LNG market over Egypt’s planned deferral of some 25 shipments of LNG this year and…
14 companies bid on EMRA’s gold tender
14 companies have reportedly bid on the controversial Egyptian Mineral ResourcesAuthority gold tender, which closed last Thursday, industry sources told…
Finance Ministry considering USD 3 bn international bond issuance in 2H17
With high interest rates prompting the government to look abroad for lower-cost funding, the Finance Ministry is reportedly considering a…
IMF drops promise to fight trade protectionism, warns on geopolitical risks
After a sunny beginning, IMF drops promise to fight trade protectionism, warns ongeopolitical risks: The gathering opened with bright optimism…
Nasr pushes for more investment at Spring Meetings
Also coming from the Spring Meetings, Investment and International Cooperation Minister Sahar Nasr pushed for further investment and aid from…
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