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Israel’s ambassador, embassy staff back in Cairo
Israel’s ambassador to Egypt, David Govrin, returned to Cairo yesterday, sources told Reuters and theAssociated Press. The sources say Govrin…
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IFC pledges USD 100 mn to oil and gas projects in Egypt
IFC pledges USD 100 mn to oil and gas projects in Egypt: The International Finance Corporation has pledged USD 100…
Egypt signs oil and gas agreements with Shell, Apex
Apex International, Royal Dutch Shell sign USD 81 mn in exploration agreements: The Oil Ministry signed three oil and gas…
AMOC studying investing USD 500 mn on fuel oil refining complex
INVESTMENT WATCH- State-owned Alexandria Mineral Oils Company (AMOC) is considering spending USD 500 mn on a fuel oil refining project,…
Ezdehar secures USD 15 mn for its Egypt mid-cap fund
INVESTMENT WATCH- The European Investment Bank (EIB) committed USD 15 mn to the Ezdehar Egypt Mid-Cap fund, Ezdehar’s inaugural fund,…
North Korean missile fired over Japan
North Korea fired a surprise test missile over northern Japan yesterday, “markinga sharp escalation of tensions on the Korean peninsula,”…
Gilead looks to acquire Kite Pharma for USD 11.9 bn
M&A WATCH- US pharma company Gilead reached an agreement to acquire Kite for USD 11.9 bn, according to the Financial…
Fitch Ratings downgrades Qatar’s credit rating on Monday to AA-
Fitch Ratings downgraded Qatar’s credit rating on Monday by one notch to AA- with a negative outlook, citing the negative…
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