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Thousands demonstrate in support of Spanish unity in Barcelona
Thousands gathered yesterday in Barcelona, Catalonia’s capital, in support of Spanish unity, Bloomberg reports. The demonstrations came as the Catalan…
Speed Round
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Qatar says military confrontation would result in chaos
Sheikh Tamim bin Hamad Al Thani would really like it if the Arab Quartet were to refrain from bombing, invading…
EARNINGS WATCH- Domty
EARNINGS WATCH- Cheesemaker Domty (Arabian Food Industries Company) reported a net profit of EGP 22 mn in 3Q2017, up from…
Till Klauss to manage Four Seasons Hotel Alexandria
MOVES- Till Klauss was appointed hotel manager of the Four Seasons Hotel Alexandria at San Stefano, according to Trade Arabia.…
New flights to Egypt announced, old ones resumed
EgyptAir flew to Tokyo from Cairo yesterday for the first time following a four-year suspension, Ahram Gate reports. The flight…
Banks should support SMEs more -Amer
Banks should support new SMEs that do not have extensive credit or operational history, central bank Governor Tarek Amer said…
Oriental Urban Development to invest at least EGP 3 bn in projects in 2018
INVESTMENT WATCH- The Khamis family’s Orientals Urban Development plans to invest at least EGP 3 bn in projects based in…
Egypt lands EUR 600 mn in funding for EU, but no “Turkey-style” refugee agreement
Egypt signed three MoUs with the European Commission yesterday worth a combined EUR 600 mn, an Investment Ministry statement says.…
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