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Vienna remains the world’s most liveable city in EIU’s global liveability index
Vienna held tight to its title as the world’s most liveable city for the second consecutive year, with a score…
Palm Hills appoints Mohamed Fahmy as new COO
MOVES- Palm Hills Developments has appointed Mohamed Fahmy as chief operating officer and executive member of the board of directors,…
Earnings watch: Palm Hills’ net profit up 3% despite 25% drop in revenues
EARNINGS WATCH- Palm Hills Development’s (PHD) net profit rose 3% to EGP 451.47 mn in 1H2019, from EGP 439.9 mn…
Egyptian startup Instabug now serves over 25k clients
STARTUP WATCH- Instabug now serves 25k clients: Cairo-based startup Instabug is now serving over 25k clients — including PayPal, Buzzfeed,…
Gov’t to soon launch electronic platform for industrial land sales in Egypt
CABINET WATCH- The government will “soon” launch an electronic platform for investors to buy industrial land amid efforts to promote…
Egypt’s foreign reserves remain essentially flat at USD 44.97 bn in August
Foreign reserves again remain essentially flat in August: Foreign reserves increased slightly to USD 44.97 bn at the end of…
Mercedes-Benz appoints three new authorized dealers
Mercedes-Benz is branching out across Cairo: Abou Ghaly Motors, Ezz El Arab, and German Auto Service will be added to…
Al Babtain looking to offer “substantial” stake on EGX in 2020
IPO WATCH- Telecom company Al Babtain looking to IPO in 2020: Al Babtain Power & Telecommunication Egypt (ABPTE), a subsidiary…
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