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JPMorgan, Morgan Chase rumored to be lead underwriters for Aramco IPO
Aramco has selected JPMorgan Chase, Co and Morgan Stanley, and HSBC as the lead underwriters for its planned IPO, sources…
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Naguib Sawiris dismissed from Free Egyptians Party
The spat between Naguib Sawiris and the Free Egyptians Party has come to a head: The FEP (of which Sawiris…
Earnings watch: Orange Egypt
Orange Egypt reported a consolidated net loss of EGP 2.55 bn in 2016 from a profit of EGP 10 mn…
LG has doubled exports from TV manufacturing factory to 80%
LG Egypt has doubled exports from its 10th of Ramadan factory, with 80% of the plant’s output geared towards foreign…
Peugeot-Citroën makes automotive directive a condition for investing in Egypt
Peugeot-Citroën, which had made the automotive directive a condition for its investment in Egypt, has now added the Investment Act…
New cabinet approves streamlining property registration, AfDB loan for slum development
The new Ismail cabinet approved a presidential decree to streamline the property registration process and impose a standard schedule of…
Tax Authority to meet with EGPC to discuss rebates for IOCs equipment suppliers
Tax Authority to chat about VAT with EGPC: Tax Authority officials will meet with the Egyptian General Petroleum Corporation (EGPC)…
House to vote on compensation act next week -El Sewedy
The House of Representatives will be voting on the Compensation Act at a plenary session next week, MP and Federation…
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