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Former LafargeHolcim CEO charged with financing terrorist group
Former LafargeHolcim CEO Eric Olsen was charged with funding terrorist groups as part of a French probe into the cement…
SPEED ROUND
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SPEED ROUND
Investment more in ride-hailing, less in metro bus systems, Sheikha says
Making the most efficient use of roads is more important to improving transportation than building new roads, Careem CEO Mudassir…
Did Egypt’s purchase of Rafale planes revive interest in an unpopular piece of military hardware?
Did Egypt’s purchase of Rafale fighter jets revive interest in an unpopular piece of military hardware? Egypt’s initial purchase of…
Saudi Arabia to allow movie theaters
A massive new market for Egypt’s film industry: Saudi Arabia announced yesterday it will allow movie theaters to open next…
Ahmed Shehab El Din appointed as GAFI deputy CEO
MOVES- Acting Prime Minister Mostafa Madbouly issued a decision yesterday appointing former ambassador Ahmed Shehab El Din as deputy CEO…
MoU with Italy’s Danieli for a new steel factory scrapped
MoU with Italy’s Danieli for a new steel factory scrapped: The Suez Canal Economic Zone (SCZone) has abandoned plans that…
OTMT confirms it’s eyeing agribusiness investments in Africa
Orascom Telecom Media and Technology Holding (OTMT) confirmed that it is considering plans to invest in several agribusiness projects in…
WorldRemit raises USD 40 mn to expand in Egypt
INVESTMENT WATCH- Digital money transfer service WorldRemit has raised USD 40 mn in Series C funding to finance expansion of…
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