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Inflows to banking sector hit USD 9 bn since float of EGP
Total inflows into the banking sector since the float of the EGP in early November have now hit USD 9…
Speed Round
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CIB posts record net earnings with FY2016 results.
CIB posts record full-year earnings as it releases FY2016 results. Leading commercial bank CIB “posted another year of record performance…
Finance Ministry, EFSA negotiate stamp duty tax rate
A proposed stamp tax on stock market trades will be set higher than the 0.1% that was imposed temporarily in…
Inktank Communications is hiring an investor relations analyst
*** Investor relations analyst wanted: Inktank Communications, the Cairo-based investor relations firm that works with both major EGX-listed companies and…
El Sisi meets with president of Congo-Brazzaville
CORRECTION- President Abdel Fattah El Sisi met with the president of Congo-Brazzaville Denis Sassou Nguesso in Addis Ababa. We said…
Malfunction causes EgyptAir flight from Paris to return
An EgyptAir flight from Paris returned to Charles de Gaulle after pilots were alerted to a malfunction on the Cairo-bound…
Tourism Development Authority postpones offering land to investors until House approves Investment Act
The Tourism Development Authority (TDA) will postpone land tenders until the House of Representatives signs off on the Investment Act…
House proposes giving CPA powers of arrest under new Consumer Protection Act
Why, Lord, why? Consumer Protection Agency is getting the power of arrest. The House of Representatives’ Economic Committee has approved…
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