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Earnings watch: GB Auto, EFG Hermes release 4Q/FY2016 results
EARNINGS WATCH - GB Auto reported a net loss of EGP 865.7 mn in 2016, compared with a netprofit of…
Geldof invests in African fruit firm with eyes on fresh juice operations in Egypt
Irish rock star Bob Geldof's 8 Miles private equity fund announced it acquired a minority stake in UK-incorporated Blue Skies,…
Israel warns of serious, current threat of terrorist attacks in Sinai
Israel urged its citizens yesterday to leave Sinai immediately, Reuters says. Tel Avivintensified its warning against citizens traveling to Sinai…
Is Air France-KLM having a change of heart about Egypt?
Is Air France-KLM having a change of heart about Egypt? While he did not directly say it, that’s the impression…
Orascom Construction, Smart International Schools withdraw from 200 schools project
Orascom Construction and Smart International Schools have allegedly withdrawn frombidding on a state tender to develop 200 schools under a…
IFC lends AAIB USD 100 mn to support SMEs
The IFC announced providing the Arab African International Bank (AAIB) with a USD 100 mn loan to help it scale…
BP begins trial operations at North Alexandria concession -El Molla
BP has begun trial operations at its North Alexandria offshore concession and is expected to bring the well to commercial…
Argentina, Egypt, charting comparable economic reform paths, but Egypt enjoys more international support
Argentina, Egypt, charting comparable economic reform paths, but Egypt enjoys more international support: Argentina and Venezuela are two emerging markets…
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