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Infrastructure 
Magued Sherif discusses strategy and targets with Al Mal
SODIC’s strategy rests on building communities in urban areas recently slated for development, helping further the development goals of the…
Speed Round
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Orascom Construction announces USD 750 mn worth of new project backlog in 3Q2017
Orascom Construction added USD 750 mn to its project backlog in 3Q2017 in the Middle East, mainly Egypt, and the…
M&A WATCH- CI Capital acquires Reefy
M&A WATCH- The Sawiris family’s Gemini Holding has sold microfinance player Reefy to CI Capita. CI Capital reached an agreement…
MTI acquires 60% of Bee
M&A WATCH- BPE Partners and MTI acquire Bee: BPE Partners and MM Group for Industry and International Trade (MTI) have…
MPs elect new heads of parliamentary committees
These are the people who will be moving the Ismail government’s business agenda through the House of Representatives this fall:…
CBE raises required reserve on local currency deposits to 14%
CBE raises required reserve on local currency deposits to 14%: The central bank will raise the required reserve ratio on…
Business confidence at 15-month high, but PMI hits three-month low
Companies in Egypt are strongly optimistic about their growth prospects, according to September’s reading of the Emirates NBD PMI compiled…
USD bonds to be issued in Jan-Feb, EUR bonds later -El Garhy
Here’s the plan on the next eurobond issuance: The government is planning to issue USD-denominated eurobonds between January and February…
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