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Obscure Qatari Sheikh in the spotlight
Qatari Sheikh Abdullah Bin Ali Al Thani has emerged as a diplomatic star in the Qatari crisis, according to Bloomberg.…
SPEED ROUND
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SPEED ROUND
Hikma gets unwanted attention for US price hikes
REGIONAL– Not the type of attention you want in the international press: Hikma is indeed London-listed, but the Jordan-based maker…
Finance Ministry looks to extend mandate for Tax Dispute Resolution Act
The Finance Ministry is looking to extend the Tax Dispute Resolution Act’s year-long mandate beyond its September expiry date and…
MP who proposed extending presidential terms says they won’t impact the current one
MP behind move to extend presidential term to six years backpedals — a bit: Rep. Ismail Nasr Eldeen, who proposed…
RadioShack, Mobile Shop hit by Ikhwan-committee asset freeze
RadioShack, Mobile Shop hit by Ikhwan-committee asset freeze: The Ikhwan asset-freeze committee ordered frozen the assets of some 19 companies…
Automotive prices jump 14-171% y-o-y in August
How much has the price of your favourite car gone up since last August? Car prices jumped 14-171% y-o-y in…
Earnings watch: Egyptian Resorts Company
EARNINGS WATCH- Egyptian Resorts Company (ERC) reported a consolidatednet profit (pdf) of EGP 61 mn in 1H2017, up from a…
M&A WATCH: EFSA refuses Reacap fair value study
M&A WATCH- EFSA rejects Reacap’s FV report: The Egyptian Financial Supervisory Authority (EFSA) rejected Fincorp’s fair value assessment for Naeem…
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