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Egypt BoP nets USD 13.71 surplus in FY2016-17
Egypt’s balance of payments report for fiscal year 2016-17 is out. Here’s what you need to know: The carry trade…
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CIB partners with Orange Business Services
CIB partners with Orange Business Services to develop fintech ecosystem: Our friends at CIB are teaming up with Orange Business…
IFC committed USD 1.7 bn in funding to MENA private-sector projects in FY2016-17
IFC committed USD 1.7 bn in funding to MENA private-sector projects in FY2016-17: The World Bank Group’s International Finance Corporation…
EIB makes its first investment in an Egyptian fund since 2011
EIB makes its first investment in an Egyptian fund since 2011: The European Investment Bank will invest USD 15 mn…
DBK Pharma’s long-talked listing will take place in 4Q2017
IPO WATCH- DBK Pharma’s drawn out relisting will take place in 4Q2017, the company’s chairman Hamdy El Debeky tells Al…
EGX cuts circuit-breaker time to 15 from 30 minutes
EGX cuts circuit-breaker time to 15 minutes from previous 30: The Egyptian Financial Supervisory Authority (EFSA) has approved the EGX’s…
OCI N.V. appoints Hassan Badrawi as CFO
MOVES- OCI N.V. has appointed Hassan Badrawi as Group CFO, effective 1 October, the company said in a statement. A…
Saudi Aramco may have given a big boost to our ambitions as a regional energy hub
Good news for our energy hub ambitions: Saudi Aramco is considering using excess capacity at Egyptian refineries to refine Saudi…
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