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PM Ismail gives Military Production license to enter pharma industry
Prime Minister Sherif Ismail issued a decree granting the Military Production Ministry a license to operate in the pharma industry…
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AMOC to offer additional 10-20% of its shares on the market in 2017 -Chairman
The Alexandria Minerals and Oils Co. (AMOC) could be offering an additional 10-20% of its shares in its IPO this…
EMRA needs new mining bid rules, Werr writes
The Egyptian Mineral Resources Authority (EMRA) is not doing Egypt any favors with the terms and conditions it laid down…
EGAS sets initial price of USD 0.4 per mbtu for private companies to use national gas grid
On step closer to deregulating the gas market: We have inched one step closer to seeing the gas market privatized…
Souq.com is a great company -Majid Al Futtaim CEO
“We never comment on speculation, but I believe Souq is a great company. I’ve got a lot of respect for…
Nestlé to invest EGP 1 bn over coming five years
This comes as Nestlé Egypt will be allocating EGP 1 bn in investments over the next five years to increasing…
Al Futtaim investing EGP 4 bn into Cairo Festival City in 2017
Al Futtaim Real Estate has allocated EGP 4 bn towards investments into Cairo Festival City in 2017, Managing Director Mohamed…
EGP float impacts international companies, Savola, Schlumberger report impairment charges
The impact of the EGP float on international companies’ bottom lines is starting to show: Savola Group recorded a larger-than-expected…
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