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The number of online shoppers in the Middle East grew 6% between 2013-17
The number of online shoppers in the Middle East grew 6% between 2013-17, says Pricewaterhouse Cooper’s latest Middle East Retail…
EARNINGS WATCH- Orascom Telecom Media and Technology Holding
EARNINGS WATCH- Orascom Telecom Media and Technology Holding (OTMT) reported a 7x increase in net profit for 1Q2017, which came…
Atef Helmy resigns as Orange Egypt chairman
MOVES- Shake up at Orange Egypt: Orange Egypt Chairman Atef Helmy’s has resigned from his position, according to a bourse…
Actis looking to acquire stakes in companies in food, health, education
Private equity firm Actis is planning to acquire stakes in companies in banking, food industries, health and education, Partner Sherif…
TCV closes USD 2.5 mn investment in agri venture Plantform
INVESTMENT WATCH - TCV closes USD 2.5 mn investment in premium agri exporter Plantform: Egypt’s TCV (formerly Tanmiya Capital Ventures)…
Impact of CIB on Egypt cannot be understated, according to Euromoney
Impact of CIB cannot be understated, according to Euromoney: CIB — the first bank in Egypt, the Middle East and…
USD 415 mn LNG pier in Ain Sokhna port begins trial operations
Trial runs have begun at the Arab Petroleum Pipelines Company (SUMED)’s USD 415 mn LNG pier at Ain Sokhna port,…
Arab Organization for Industrialization clinches Toyota Fortuner assembly
AOI to assemble Toyota Fortuner models: It appears that Arab American Vehicles Company — a joint venture between Arab Organization…
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