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House gives its final approval to IMF loan agreement
Forgive us for feeling it’s a bit anticlimactic, but: The House of Representatives voted in a plenary session yesterday to…
Retailers bullish on Egypt, MAF doubling down on Egypt
Retailers remain bullish on Egypt:Majid Al Futtaim (MAF) is doubling down on investments in Egypt, Tamim Elyan writes for Bloomberg.…
International news on 27 March 2017
A handful of international headlines worth noting this morning: Stop us if you’ve read this before in any one of…
Egypt brings home the gold, bronze medals at the Special Olympics
Egypt’s team at the 2017 Special Olympics World Winter Games in Austria has done us proud, with Mohamed Abdo bringing…
Parliament approves Mohamed Erfan as head of ACA
MOVES- The House of Representatives approved yesterday the appointment of Mohamed Erfan as head of the Administrative Control Authority (ACA),…
Ezz El Arab re-elected as FEB head, Barclay’s Hala Sakr becomes first woman banker to join
MOVES- CIB Chairman Hisham Ezz Al Arab was reelected as head of the Federation of Egyptian Banks on Sunday,AMAY reports.…
FEI’s pharmacies division accuse Health Minister of Corruption
The Federation of Egyptian Industries’ pharmacies division is leveling accusations of corruption at Health Minister Ahmed Rady, claiming that he…
Banking sector pulls in USD 15 bn since EGP float
Five banks raked in 43% of the banking system’s EGP 53.1 bn in profits last year, according to a CBE…
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