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Sawiris planning gold mining investment vehicle
Naguib Sawiris plans to launch a new investment vehicle to acquire gold mining assets across the world, the Financial Times…
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EFG Hermes tops brokerage league tables for November
EFG Hermes topped the EGX’s brokerage league table for November with a 24.8% market share, according to figures released by…
Ibnsina Pharma’s offering to retail investors opens today
IPO WATCH- Ibnsina Pharma launches today its offering to retail investors as part of its IPO of up to 40%…
Calls in Parliament to fund Universal Healthcare Act through all-industry licensing fee
There are calls in the House of Representatives for a EGP 500,000 licensing fee for factories in all industries to…
Finance Ministry confirms VAT on non-core services offered by banks
Finance Ministry confirms VAT on non-core services offered by banks: The Finance Ministry has reportedly ended the long-standing debate on…
Finance Ministry kicks off preparations for drawing up the FY2018-19 budget
Subsidy cuts in the air for mid-2018 as Finance Ministry prepares to draw up its FY2018-19 budget: The Finance Ministry…
CBE sets 1% entrance fee on FX investments through foreign repatriation mechanism
CBE sets 1% entrance fee on foreign currency portfolio investments through repatriation mechanism: The Central Bank of Egypt announced that…
France pushes for UN Security Council sanctions against Libyan human traffickers
France is proposing that the UN Security Council impose targeted sanctions on human traffickers operating in Libya, Reuters reports. The…
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