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Egypt has never been as politically stable as it is today, says RenCap regional boss
Renaissance Capital MENA CEO Ahmed Badr squarely disagrees with the political risk argument. Instead, he sees a potential growth in…
Speed Round
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Interest rate cuts came on the back of improved macro-economic stability - Fitch
“Egypt's first interest rate cut since exchange rate liberalization has been made possible by an improvement in macro-economic stability, underpinned…
Egypt’s banking laws need to be “completely revamped,” says Amer
Egypt’s banking laws need to be “completely revamped,” says Amer: What is the most pressing concern for the central bank…
Saudi’s Marei bin Mahfouz Group acquires 25% in DBK Pharma
M&A WATCH- Saudi Arabia’s Marei bin Mahfouz Group has reportedly bought a 25% stake in DBK Pharma, signaling that the…
Fine Hygienic Holding to invest EGP 120 mn in new tissue, diaper production lines
INVESTMENT WATCH- Fine Hygienic Holding plans to invest EGP 120 mn this year to add new tissue and diaper production…
Mars to double investments in Egypt to EGP 2 bn, ramp up exports from Egypt to USD 100 man by year’s end
INVESTMENT WATCH- Mars to double investment in Egypt to EGP 2 bn this year: Mars Wrigley Confectionery plans on doubling…
Egypt home 221,675 registered refugees, 57% from Syria
Egypt was home to 221,675 registered refugees as of 22 January 2018, according to UNHCR statistics (pdf). Syrians represent around…
Shehab Mazhar resigns from PHD board
MOVES- Shehab Mazhar has stepped down as Palm Hills Developments’ (PHD) the company’s board of directors after a 20-year run…
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