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Arqaam Capital advising Misr Cafe shareholders on divestment
M&A WATCH- Arqaam Capital is acting the sellside advisor for two of the “major shareholders” of instant coffee maker Misr…
EKH disavows Tri-Ocean Energy amid reports of a “USD 1 bn embezzlement” allegation
EKH disavows Tri-Ocean Energy amid reports of a “USD 1 bn embezzlement& allegation: Egypt Kuwait Holding (EKH) has had to…
Tourism revenues up 211.8% y-o-y in 9M2017
Tourism revenues are up 211.8% y-o-y to USD 5.3 bn in 9M2017, a government official told Reuters. The increase in…
Peugeot-Citroën halts Egypt investment plans until the fate of the Automotive Directive is made clear
Peugeot-Citroën halts Egypt investment plans until the fate of the Automotive Directive is made clear: Peugeot-Citroën halted negotiations with seven…
Egypt getting USD 1.8 bn in solar power investment
EBRD approves funding for three remaining solar power plants under USD 500 mn framework: The European Bank for Reconstruction and…
The latest Thomson Reuters Middle Eastern IB league table is out, and it was not great year for either IPO or M&A activity
The latest Thomson Reuters Middle Eastern IB league table is out, and it was not greatyear for either IPO or…
International news on 18 October 2017
Fed Governor Jerome Powell is being tipped as the next head of the Federal Reserve when current chair Janet Yellen’s…
IFC signs agreement with SECO to increase access to financial services for MENA women
The IFC signed an agreement with the Swiss Secretariat for Economic Affairs (SECO) to boost access to financial services for…
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