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Afreximbank to provide NBE with USD 300 mn facility to fund SMEs
The African Export-Import Bank (Afreximbank) signed an agreement to provide aUSD 300 mn financing facility to the National Bank of…
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Earnings watch
EARNINGS WATCH- Orascom Construction reported what it called a “sustainable return to profitability” as it announced USD 48.7 mn in…
Cairo Poultry Managing Director Tarek Tawfik wins AmCham presidency
MOVES- Food industry veteran Tarek Tawfik has won the presidency of the American Chamber of Commerce in Egypt, Al Shorouk…
Louis Dreyfus’ Egyptian affiliate selects Pioneers as financial advisor for NCMP stake bid
M&A WATCH- Pioneers Holding is serving as financial advisor for global commodities company Louis Dreyfus’ local affiliate, Al Mona Misr,…
RenCap setting up shop in Cairo
Renaissance Capital is opening an office in Cairo this year, RenCap’s MENA CEO Ahmed Badr said. Pending the receipt of…
Trade between Egypt and Sudan suffers following media spat
Business is suffering amid spat between Egypt and Sudan: Tension between Egypt and Sudan, deepened by a recent media spat,…
MPs pass Industrial Permits Act
One key piece of economic legislation that MPs were fit to pass on Thursday was the Industrial Permits Act, which…
When is the Investment Act actually going to be ready?
When is the Investment Act actually going to be ready? Short answer: Nobody knows.Certainly not the good people at the…
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