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Gov’t considers putting 49% of Banque du Caire up for sale
The government is considering selling up to 49% Banque du Caire as part of the ongoing IPO process, Al Shorouk…
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Markets show that Egypt is now less likely to default, beating EM peers -BNP Paribas
Egypt’s five-year credit default swaps tightened to 330 bps after falling by around 120 bps since the start of 2017,…
Vatican’s Pope Francis to visit Egypt in last week of April
The Roman Catholic Church’s Pope Francis will be visiting Egypt on 28-29 April tomeet with religious counterparts, including Pope Tawadros…
Egypt’s GBarena, SunCity Energy among French Tech Ticket winners
Two Egyptian startups were among the 70 winners of the French Tech Ticket season two competition: GBarena and SunCity Energy.…
Some companies refuse CBE’s pre-float LC settlement agreement with UEIA, to discuss alternate solutions
Some companies want better terms on agreement to settle pre-float LCs and demand loans: Some companies have reportedly refused a…
Naguib tells Nasr he will increase investments within three months
Naguib Sawiris told Investment and Cooperation Minister Sahar Nasr he will ramp up new investments in Egypt within three months.…
Five major shipping lines halt operations in East Port Said port in response to port fees hikes
Five major shipping lines reportedly ceased operations in the port of East Port Said last Wednesday in response to the…
Are bread subsidy cuts a red line in Egypt?
Are cuts to the bread subsidy system still a red line for the Ismail government? That’s the opinion hinted at…
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