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Solid Capital says it placed bid for CI Capital stake
M&A Watch: Solid Capital says it bid for CI Capital stake. Sources at Solid Capital, a newcomer to the industry…
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EgyptAir flight avoids mid-air collision in Belgian airspace
Disaster averted: An EgyptAir Airbus A300-600 cargo freighter narrowly avoided a mid-air collision with an Air France Airbus A320-200 over…
Budget deficit records 5.1% of GDP in 1H2016-17
Egypt’s budget deficit shrank to 5.1% of GDP in the first half of FY2016-17, registering EGP 174 bn,down from 6.1%…
Egypt could double size of targeted eurobond issuance
It is definitely the Finance Ministry’s week in the spotlight. We learned yesterday that Egypt expects foreigners to buy as…
President El Sisi’s interview on the economy
President Abdel Fattah El Sisi spoke about the economy yesterday in his first extended interview of the year with state-owned…
Trump stirs controversy with Russia and China remarks in WSJ interview
Just five days before he’s due to be sworn into office, US president-elect Donald Trump is stirring the pot with…
iPhone and perfume bottles caused EgyptAir MS804 cockpit fire, say French investigators
Did an iPhone bring down MS804? The French investigation into the crash of EgyptAir flight MS804 from Paris to Cairo…
Eastern Company raises prices of Cleopatra cigarettes
Eastern Company has raised the prices of Cleopatra cigarettes by EGP 0.25-1.50 per pack, blaming FX pressure of the move,…
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