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Bin Salman announces Red Sea tourism megaproject
Resort tourism in KSA? Uh, sure — mocktails for all. Saudi Arabia’s Crown Prince Mohammed bin Salman announced the launch…
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New national education plan to give thanaweya amma the boot as of 2018-19
Thanaweya amma to be replaced by new system starting 2018-19: The traditional thanaweya amma high school system will be replaced…
Housing Ministry gets a pass on the “one-stop shop” as well
Housing Ministry gets a pass on the “single window” for sale of state land: The new Investment Act appears to…
State-owned ACDIMA acquires United Pharma IV in EGP 320 mn transaction
M&A WATCH- The Arab Company for Drugs Industries & Medical Appliances (ACDIMA) has reportedly acquired 100% of United Pharma IV…
EFIC might not list Suez Fertilizers on EGX
Egyptian Financial and Industrial Company (EFIC) may call off the spinoff of subsidiary Suez Fertilizers, EFIC Chairman Ali El Sayad…
Listed food companies have seen their profits take a hit in 2Q2017 on the back of high inflation, interest rate hikes
Listed food companies have seen their profits take a hit in 2Q2017 on the back of high inflation, interest rate…
Banks to discuss remaining objections on CBE and Banking Acts in mid-August meeting
Bankers, CBE to meet in two weeks to continue talks on central bank and banking acts: The Federation of Egyptian…
Government planning USD 2-4 bn Eurobond in 1Q2018
USD 2-4 bn eurobond issuance planned for 1Q2018: Egypt is a planning a eurobond issuance to the tune of USD…
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