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Hisham Tawfiq acquires 45% of NBK Capital
M&A WATCH- The former chairman of Arabeya Online for Securities Brokerage Hisham Tawfiq acquired a majority stake of 45% of…
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EPPC IPO
IPO Watch - MENA private equity firm Amwal Al Khaleej is looking to list shares of Egyptian Propylene and Polypropylene…
CBE expands SME Finance Initiative to include agriculture companies
The CBE expanded its SME finance initiative to include agricultural, livestock, poultry and fishery ventures on Wednesday. According to an…
President signs Contractors’ Compensation Act into law
Good news contractors, the Contractors’ Compensation Act was signed into law: President Abdel Fattah El Sisi signed the Contractors’ Compensation…
MNOs want NTRA to approve 15% increase in prices
“Me too,” say MNOs who want to raise prices as a result of subsidy cuts as well: The country’s private…
Pharma companies to lobby for second med price increase for August -sources
A number of pharma companies plan on petitioning the Health Ministry to increase the prices of a group of meds…
Energy cuts demonstrate commitment to fiscal and economic reforms, says Fitch
Energy subsidies cuts demonstrate commitment to fiscal and economic reforms, says Fitch: Egypt's new budget and lower electricity and fuel…
Supply Ministry to halt subsidizing flour for subsidized bread
Supply Ministry ends subsidies of flour: The Supply Ministry announcing yesterday it will stop subsidizing the flour it provides to…
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