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International institutions offer to increase volume of CBE repo transactions to USD 5 bn
International bank consortium to extend tenor, increase value of repo: A consortium of international banks have offered to extend a…
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Did a former Trump aide push Egypt to postpone Dabaa to look at a rival nuclear offer?
US Dems investigating whether former Trump aide pushed a plan with the Russians to build nuclear plants in Egypt, Middle…
Arab League rejects Kurdish referendum
Iraqi Kurdistan independence referendum has regional powers on edge: The Arab League has passed a resolution declaring that a planned…
OPEC could prolong oil cuts to boost prices
OPEC could be prolonging oil production cuts that are set to expire in March 2018 “well into the second half…
Alwaleed to buy half Credit Agricole’s stake in Banque Saudi Fransi at a discount
Alwaleed to buy half Credit Agricole’s stake in Banque Saudi Fransi at a discount:Saudi businessman Alwaleed bin Talal’s Kingdom Holding…
Japan pledges funding for education initiatives in Egypt, supports move to restart regional peace talks
Arigato, Nippon: Japan has pledged JPY 18.6 bn (USD 170 mn) in yen-denominated loans to Egypt to build facilities to…
Gov’t to increase land cultivated with corn by two thirds
We’re going to grow more corn next year: The Agriculture Ministry announced its intention to increase the total farming area…
Falcon Group’s Tawassol acquires Al Hayat TV
M&A WATCH- Tawassol for Public Relations acquired 100% of television network Al Hayat in a EGP 1.4 bn transaction, Al…
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