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IsDB to develop USD 3 bn cooperation strategy with Egypt, El Garhy meets with JP Morgan
The Islamic Development Bank (IsDB) is developing a new cooperation strategy with Egypt worth USD 3 bn for 2018-2020, President…
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El Sisi supports amendments to CBE Act
President Abdel Fattah El Sisi apparently supports amendments to the Central Bank and Banking Acts, CBE Governor Tarek Amer told…
Al Ahly Capital to invest EGP 1.5 bn next year in fields including energy, healthcare, and financial service, Al Ahly Funds looks to grow AUM in 4Q2017
INVESTMENT WATCH- Al Ahly Capital to invest EGP 1.5 bn next year in fields including energy, healthcare, and financial services:…
Online transactions in Egypt grew by 22% last year -Payfort
Online transactions in the Middle East rose by 22% y-o-y in 2016, according to a survey conducted by Amazon-owned Payfort.…
EK Holding sells stake in Egyptian Hydrocarbon to Carbon Holdings
M&A WATCH- An Egypt Kuwait Holding subsidiary sold a 26% stake in Egyptian Hydrocarbon Company to Carbon Holdings, according to…
Saudi considers delaying in’l offering of Aramco IPO
Saudi Arabia is considering delaying the international tranche of its IPO of Aramco until at least 2019, according to people…
UNESCO leadership goes to France’s Azoulay
Former French culture minister Audrey Azoulay was elected the new head of UNESCO, beating Qatar’s Hamad bin Abdulaziz Al Kawari…
Hamas, Fatah reach peace agreement in Cairo
Egypt brokers peace between Fatah and Hamas: Palestinian factions Hamas and Fatah reached a reconciliation agreement during talks in Cairo…
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