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Ikhwan asset committee freezes accounts of publishing companies, brings them under new management
Ikhwan asset committee freezes accounts of publishing companies, puts them under new management: The government committee seizing assets of accused…
SPEED ROUND
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Egypt’s first bitcoin exchange is set to begin trading this month
Egypt’s first bitcoin exchange is set to begin trading this month, Eric Knecht writes for Reuters. “We’re still waiting on…
Prosecutor General brings cases against 14 companies for alleged antitrust violations
Prosecutor General brings cases against 14 companies for alleged antitrust violations: The Prosecutor General’s office has filed charges with the…
Earnings watch: SODIC
EARNINGS WATCH- Our friends at SODIC reported a 130% y-o-y increase in consolidated net profit to EGP 340 mn in…
Ukraine’s Naftogaz taps France’s Lazard to advise on possible sale of Egypt assets
M&A WATCH- Ukraine’s Naftogaz taps France’s Lazard to advise on potential sale of Egypt assets: The Ukraine’s Naftogaz has contracted…
GB Auto CEO Raouf Ghabbour sees the car market coming back in 4Q2017
GB Auto CEO Raouf Ghabbour sees the car market coming back in 4Q2017 as dealers run down their inventory. "I…
Ibn Sina Pharma plans to list its shares on the EGX in October
IPO WATCH- Ibn Sina Pharma plans to list its shares on the EGX in October, company chairman Mohsen Mahgoobtells Al…
New EGX boss Mohamed Farid speaks with AMAY on regulatory changes, attracting new listings, and international marketing of the bourse
Newly-appointed EGX boss Mohamed Farid plans to introduce short-selling, moveforward with new listings, and launch int’l roadshows: Farid outlines what…
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