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Middle East sees robust year of cross-border M&A activity
Cross-border M&A activity in the Middle East was “robust” in 2016, despite global activity taking a hit from political and…
SPEED ROUND
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Al Azhar openly rejects El Sisi’s proposal for legislation to ban verbal divorce
Al Azhar (carefully) rejects El Sisi’s move to modernize divorce law. More significantly this morning: The Associated Press’s excellent Hamza…
Earnings watch: Crédit Agricole Egypt reports FY2016 results
**Earnings watch: Credit Agricole Egypt reported a 24.2% y-o-y rise in net interest income to EGP 3.35 bn in FY2016…
Al Borsa gets new chairman
MOVES- Hussein Abd Rabo was appointed chairman and editor-in-chief of Al Borsa newspaper. The paper says Abd Rabo partnered in…
Deputy Finance Minister to join IMF
MOVES- Yasser Sobhi has reportedly left the Finance Ministry to join the International Monetary Fund as an expert advisor starting…
TDA confirms it’s behind on payments to JWT, preparing payment schedule for German companies
Tourism Development Authority (TDA) head Hisham El Demery confirmed allegations that the authority is behind on payments to ad agency…
Government to form committees to find solutions for rising school tuition
Is the government is looking to regulate tuition fees at int’l schools, again? Prime Minister Sherif Ismail announced the formation…
EFG Hermes tops January brokerage league tables
EFG Hermes tops January brokerage league tables. EFG Hermes closed January 2017 with a 18.8% market share, followed by CI…
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