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Abraaj Group plans to acquire 100% of Kenyan coffeehouse Java House
Abraaj Group plans to acquire 100% of Kenya-based coffeehouse and dining chain Java House from private equity firm Emerging Capital…
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Orascom Construction signs USD 100 mn contract for 650 MW power plant in Assiut
Orascom Construction (OC) signed a USD 100 mn contract to build a 650 MW steam turbine power plant in Assiut’s…
Amazon has completed its acquisition of Souq.com
Amazon has completed its acquisition of Souq.com, the Dubai-based online retailer said on Monday. The company said that the firms…
EFSA implements changes to Companies Act
EFSA implements amendments to general assembly provisions Companies Law amendments: The Egyptian Financial Supervisory Authority (EFSA) began enforcing on Monday…
Court ruling could force government to pay unemployment benefits
Administrative Court ruling could force government to pay out unemployment benefits: The Supreme Administrative Court issued a verdict on Monday…
Private sector hikes prices in response to the fuel subsidy cuts
Private sector hikes prices in response to the fuel subsidy cuts: Food producers are days away from announcing new prices…
Petroleum Ministry announces results of EMRA’s gold exploration tender
Oil Ministry announces results of EMRA’s gold exploration tender: Four companies, including two foreign ones, have won the Egyptian Mineral…
Enppi listing to kickoff state IPO program in two months
INVESTMENT WATCH - Enppi listing to kick off state IPO program in two months: It seems that a tentative deadline…
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