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Industrial and Commercial Bank of China to provide Egypt with USD 20 bn
Today’s forecast: sunny, with a drizzle of roz: The Industrial and Commercial Bank of China (ICBC) is set to provide…
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Egypt building closer ties with Hamas to secure Sinai -Reuters
Egypt is building closer ties with Hamas to help secure Sinai, Lin Noueihed and Nidal al-Mughrabi write for Reuters. Egypt…
Education ministry looking to cap intl, private schools fees
Is the Education Ministry looking to cap tuition increases at int’l schools? The Education Ministry is considering ways of prompting…
MNOs offer Telecom Egypt access to infrastructure in phases
MNOs, TE still in talks on infrastructure sharing ahead of April 4G rollout: Mobile network operators (MNOs) Vodafone Egypt, Orange…
Egypt to receive first tranche of World Bank’s USD 500 mn Upper Egypt development loan, as Nasr pushes for Investment Act
Nasr bringing home first tranche of World Bank loan, promises fast action on policy front: Egypt will be receiving the…
Division in the finance community over the 0.5% stamp tax rate on EGX transactions
Hating on the proposed 0.4-0.5% stamp tax on EGX transactions: First, Egyptian Financial Supervisory Authority (EFSA) Chairman Sherif Samy argued…
Auerbach Grayson partners with Arqaam Capital
Auerbach Grayson & Company has announced a partnership with Arqaam Capital to provide its US institutional clients with investment opportunities…
Bankers acknowledge CBE, Investors Associations agreement on settling pre-float LCs
Bankers acknowledge CBE, Investors Associations agreement on settling pre-float LCs: Senior banking sector officials appeared to confirm to Reuters that…
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