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CBE raises interest rates 200 bps
The CBE’s Monetary Policy Committee decided to raise interest rates by another 200 bps in its meeting last Thursday, marking…
SPEED ROUND
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Top international stories worth noting
A handful of international stories worth a skim this morning: Libya’s eastern commander Khalifa Haftar’s forces recaptured Benghazi from Islamist…
Steel magnate Ahmed Ezz released from prison
Steel magnate Ahmed Ezz was released from prison on EGP 250k bail and placed on a no-fly list. Ezz faces…
Gulf Air names Egypt country manager
MOVES- Bahrain’s Gulf Air appointed Wael Mattar as new country manager for Egypt, according to a press release.
Housing Ministry holds meetings to set up international, private schools in the New Capital
The Housing Ministry is in talks with several international and private schools to set up new branches in the first…
Alex Port multipurpose platform project with China Harbour back on?
Zombie project Alex Port multipurpose platform project brought back to life again? The agreement with China Harbour over the undead…
United Pharma IV denies news of acquisition by Medical Union Pharma
Did Medical Union Pharma make an acquisition offer for United Pharma IV? We’re hearing conflicting statements on whether Medical Union…
Akwan wants to acquire Alexandria National Company for Financial Investment
M&A WATCH- Akwan for Real Estate Development is looking to make a mandatory tender offer for Alexandria National Company for…
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