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Supreme Terrorism Council to implement comprehensive anti-terrorism strategy
The newly-formed Supreme Terrorism Council is mandated with implementing a comprehensive strategy to combat terrorism and extremism, according to a…
Speed Round
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House unanimously approves imposing emergency rule, looking into amending arrest powers
The House of Representatives unanimously voted in favor yesterday of imposing a three-month state of emergency, Al Masry Al Youm…
Saudi Egyptian Industrial Investments acquired 38% in Farcomake for Advanced Medical Industries
CORRECTION- The Saudi Egyptian Industrial Investments Company acquired a 38% stake in medical disposables company Farcomake for Advanced Medical Industries…
2017 Pulitzer Prizes announced
Finally, for journalism geeks this morning: The Pulitzer Prizes for excellence in journalism were announced yesterday. Yes, it’s a US…
How not to respond when your company arranges for a customer to be beaten up
Say your company arranges to have someone beaten up. It doesn’t matter why you thought it was necessary to beat…
Earnings watch: Ezz Steel releases FY2016 results
EARNINGS WATCH- Al Ezz Dekheila Steel reported a net profit of EGP 91 mn in 2016, compared with a net…
Refaat El Genedy appointed CEO of TE Data
MOVES- Refaat El Genedy was appointed the new CEO of state-owned Telecom Egypt’s ISP subsidiary TE Data, taking over from…
EFG Hermes advising on 5-6 transactions worth USD 500-700 mn in 2017
EFG Hermes has a pipeline of five to six IPOs and acquisitions worth a total of USD 500-700 mn for…
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