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TPay becomes sole direct carrier billing company regionally following DCBEgypt acquisition
M&A WATCH- Egyptian direct carrier billing platform TPay has acquired 100% of DCBEgypt, the second largest direct carrier billing platform…
SPEED ROUND
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Raising interest rates, floating EGP improved banking conditions but dampened investment
Raising interest rates, floating EGP improved banking conditions but dampened investments: The CBE’s decision to raise interest rates and float…
US withholds USD 290 mn in military aid to Egypt
US to withhold over USD 290 mn in civilian and military aid to Egypt? The US government has reportedly decided…
Barcelona attacker shot dead by police
Catalan police shot dead Barcelona attacker Younes Abouyaaqoub, according to the Financial Times.He had been on the run for five…
Progress in efforts to resume Russian flights to Egypt -Lavrov
There is “progress” in the effort to restore flights between Russia and Egypt, Russian Foreign Minister Sergei Lavrov said, according…
Rice smuggling continues despite ban -traders
Rice smuggling is “rife” despite the official export ban, traders tell Al Mal. Exporters are trying to profit from the…
Blumberg Grain delivers 105 silos
Speaking of wheat, our friends at Blumberg Grain delivered 105 silos to the Supply Ministry as part of the first…
Orascom Construction subsidiary completes largest student housing project in US
OC subsidiary completes largest student housing development in the US for Texas A&M: Orascom Construction (OC) announced on Monday (pdf)…
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