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Aur Capital, Wadi Degla set up real estate private equity JV
Aur Capital, Wadi Degla set up real estate private equity JV: A subsidiary of former Investment Minister Ashraf Salman’s private…
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FinMin backtracks on massive tax breaks to SMEs for joining the formal economy
EXCLUSIVE- FinMin backtracks on massive tax breaks to SMEs for joining the formal economy: The Finance Ministry has formed a…
Madbouly Cabinet officially approves state privatization program
CABINET WATCH- The Madbouly Cabinet officially signed off yesterday on the state privatization program, according to a statement. The statement…
Abu Dhabi Capital Management makes USD 55 mn offer for Abraaj Group’s assets
Abu Dhabi Financial Group’s Abu Dhabi Capital Management has made a USD 55 mn offer for Abraaj Group’s assets, “challenging…
Timothy Collins resigns as PHD vice chairman
MOVES- Timothy Collins has resigned as Palm Hills Developments’ Vice Chairman of the board of directors, the company announced yesterday…
Encouraged by political stability, tourists are flocking back to Egypt, says Marriott CEO
Marriott CEO sees tourists flocking back to Egypt amid political stability: Tourists are flocking back to Egypt as the stable…
Egypt to receive USD 380 mn tranche of USD 3 bn loan from ITFC
Egypt to receive USD 380 mn tranche of USD 3 bn loan from ITFC: The International Islamic Trade Finance Corporation…
House signs off on a number of international agreements
House signs off on a number of international agreements, including USD 500 mn from World Bank: The House of Representatives…
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