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DiDi Chuxing invests in Careem

DiDi Chuxing’s war with Uber took a new turn as the Chinese outfit invested in regional rival Careem. The China-based…

Is TBS still in play?

M&A WATCH- Take this with a heaping tablespoonful of salt: A confused Daily News Egypt suggests that both Al Hokair…

Earnings watch- MNHD

EARNINGS WATCH- Madinet Nasr Housing & Development (MNHD) reported a 246% y-o-y increase in consolidated net profits to EGP 509.6…

Earnings watch- GB Auto

EARNINGS WATCH- Leading automotive assembler GB Auto reported a consolidated net loss of EGP 150.9 mn in 2Q2017, compared to…

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