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Egypt Post wants to invest EGP 6 bn in listed and unlisted equities in 2024
Egypt Post hopes to see its profits rise 30% this year to EGP 5 bn
Egyptians Abroad Investment Company could kick off operations this year
The government has tapped investment firm Zilla Capital to manage the company’s assets
What the markets are doing on 8 February, 2024
The EGX30 rose 1.8% at today’s close on turnover of EGP 4.9 bn (34.2% above the 90-day average). Foreign investors…
Cabinet slashes government spending some more
Hassan Allam Holding’s logistic arm receives golden license
SCZone inks framework agreements for five industrial projects
The SCZone head Walid Gamal El Din said the agreements signed are the first of 50 others in the works
Egyptian-British JV to set up animal feed factories worth USD 30 mn
The first of the four factories is slated to come online in two months
Ezdehar acquires minority stake in local pharma delivery startup Yodawy with USD 10 mn investment
The investment will help Yodawy grow through expanding its client base and tech-enabled prescription capabilities
Tabreed terminates CapitalMed contract over FX concerns
The company says it remains committed to investing in the country
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