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Evolve-Azimut gold fund sees strong investor demand. PLUS: DHL, Maire Tecnimont x Kima,
The fund was more than 15x oversubscribed, raising EGP 153 mn
Kima, GMCI appoint new chairmen
State-owned, EGX-listed Egyptian Chemical Industries (Kima) has appointed Mahmoud Ibrahim as the company’s non-executive chairman following the resignation of Hisham…
State settles disputes with international firms amid efforts to attract more FDI
Gov’t puts several int’l disputes to bed: The state has settled disputes with international companies including Dutch Future Pipe and…
Afreximbank sets up pan-African payment system to spur trade
Afreximbank sets up pan-African payment system to spur intra-continental trade: African economies could save more than USD 5 bn per…
Green hydrogen roadmap could be in the works
Green hydrogen plan in the works: Egypt will soon sign an agreement with a foreign consultancy to put together a…
Last Night’s Talk Shows: The grand finale of El Sisi’s Upper Egypt blitz
It was another evening of the airwaves being dominated by coverage of President Abdel Fattah El Sisi’s inauguration of new…
IPOs in 2021: Four is more than zero
In keeping with the overall theme of the year, 2021 was the year of a hobbled recovery for Egypt’s IPO…
SPMD threatens legal action in response to allegations of market manipulation
Speed Medical responds: Speed Medical issued a statement (pdf) threatening to take legal action for possible defamation against any media…
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