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TE denies it offered to acquire MENA cable from OTMT
M&A WATCH- TE denies it offered to acquire MENA cable from OTMT: Telecom Egypt has denied submitting an offer to…
SPEED ROUND
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SPEED ROUND
Customs Act to be completed in three months
LEGISLATION WATCH- It would appear that the new Customs Act has not died on the vine, as the Finance Ministry…
EGX will allow margin trading on ETFs in February 2018
REGULATION WATCH- The EGX will allow margin trading on ETFs in February 2018, said EGX head Mohamed Farid on Monday,…
Pharos running two IPOs in 1Q2018 worth a combined EGP 2 bn
IPO WATCH- Our friends at Pharos Holdings will be quarterbacking two IPOs in 1Q2018 worth EGP 1 bn a piece,…
Ibnsina Pharma prices IPO at EGP 5.80 per share, says institutional offering is more than 17x oversubscribed
IPO WATCH- Ibnsina Pharma prices IPO at EGP 5.80 per share, says institutional offering is more than 17x oversubscribed: Ibnsina…
IDH-Man Capital joint venture invests in Nigeria
INVESTMENT WATCH- Two Egyptian powerhouses have joined with the International Finance Corporation (IFC) to acquire a medical diagnostics business in…
FX reserves stable at USD 36.7 bn in November
Egypt’s FX reserves were essentially stable at USD 36.723 bn at the end of November from USD 36.703 bn at…
Exxon Mobil looking to invest in Egypt’s offshore fields
Exxon Mobil knocking on Egypt’s door: Government officials and industry sources said Exxon Mobil is looking to invest in Egypt’s…
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