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Gov’t will only approve gas imports from Israel after disputes are resolved -El Molla
The government will not issue permits to companies to import natural gas from Israel until the arbitration cases between Egypt…
SPEED ROUND
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SPEED ROUND
GE at risk of being removed from the DJI
Mainstay General Electric is in danger of being booted from the Dow Jones Industrial Average as its share price continues…
Lebanon’s PM gives awkward interview from Riyadh
Meanwhile, former (and to some still the incumbent) Prime Minister of Lebanon Saad Al Hariri declared that he was not…
Egypt’s banks begin freezing loans to Saudi companies caught up in purge
So much for the Saudi purge not impacting business in Egypt: Egypt’s banks have reportedly begun freezing transactions on accounts…
Industry rejoices as Parliament looks to reprice gas, cut real estate taxes to factories
Industry rejoices as Parliament looks to reprice gas, cut real estate taxes for factories: The House of Representatives’ Industry Committee…
Malinne Blomberg replaces Leila Mokaddem as AfDB’s Egypt Country Manager
MOVES- The African Development Bank appointed Malinne Blomberg as the bank’s new Egypt Country Manager, Al Ahram reports. Blomberg, who…
CI Capital signs partnership agreement with Al Rajhi Capital
CI Capital has entered into an agreement with Al Rajhi Capital (ARC) that “provides access to the Saudi equity capital…
Earnings Watch: Edita, Beltone Financial report 3Q results
EARNINGS WATCH- Edita Food Industries reported strong bottom-line growth during 3Q2017, with net profit growing 47.4% y-o-y to EGP 66.7…
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