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Investment Ministry launches service to register companies online
The Investment and International Cooperation Ministry launched an online platform for investors to set up and register their companies through…
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USD 10.5 bn petrochemicals complex is being planned in Suez
A USD 10.5 bn petrochemicals complex is being planned in Suez, writes Al Masry Al Youm. The governor of Suez…
Mohsen Adel reportedly appointed vice chairman of the Egyptian Exchange
MOVES- Mohsen Adel was reportedly appointed vice chairman of the EGX, sources tell Reuters in reports that were also picked…
CIB delivers record earnings in 1H17
EARNINGS WATCH- CIB delivered another record top- and bottom-line performance during the first half of the year as it released…
EFSA approves fair value report on DBK Pharma ahead of IPO
IPO WATCH- The Egyptian Financial Supervisory Authority (EFSA) signed off yesterday on DBK Pharma’s fair value assessment of EGP 3.1…
Misr Hotels Company halts new investments following interest rates hike
Misr Hotels Company is freezing expansion plans until the CBE decreases interest rates and inflation cools, according to chairman Amr…
Proposed amendments to the CBE and banking acts could enshrine term limits for MDs
Proposed amendments to the CBE and banking acts could reinstate term limits for bank MDs: Amendments to the CBE Act…
New Sanctions for Iran
The Trump administration imposed a fresh round of sanctions on Iran yesterday after a review of the nuclear accord, according…
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