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At long last, Russian flights will be back in February
At long last, Russian flights will be back in February: Egypt and Russia signed a civil aviation security cooperation protocol…
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Saudi Aramco invites banks to bid for leading bookrunner on Aramco IPO
Saudi Aramco has invited banks to bid to become coordinators and bookrunners on its IPO, people familiar with the matter…
World Bank will no longer finance oil and gas investments
The World Bank will not offer fund oil and gas investments after 2019, and will instead allocate 28% of its…
US hikes interest rates by a quarter point
The US Federal Reserve decided yesterday to hike short-term interest rates for the third time in 2017, raising them by…
Taxing online ads sold by Facebook, Google?
Taxing online ads sold by Facebook, Google? Rep. Mostafa Bakry is planning to draft legislation that would compel social media…
House Economics Committee tweaks regulation of sole proprietorships
LEGISLATION WATCH- The House Economics Committee has apparently signed off on amendments to the Companies Act that will change how…
Earnings watch: GlaxoSmithKline reports 1H2018 results
EARNINGS WATCH- GlaxoSmithKline’s local subsidiary reported 1H2016 standalone net profits of EGP 101.679 mn, compared to a net loss of…
Sharkawy and Sarhan, Shalakany announce newly minted partners
MOVES- It’s partnership season at the nation’s leading law firms. Sharkawy and Sarhan has made commercial and competition litigator Mohamed…
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