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Orascom Investment Holding (OIH) sold its entire stake of 29.25 percent in Sarwa Capital Holding for Financial Investments while it parts with its entire stake of 74.55 percent in Beltone Financial…
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The national project for modernising and automating the customs administration system aims to link all land, maritime, and air ports with an electronic platform through the single window system, the…
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Societe Arabe Internationale de Banque (SAIB) reported an 84% year-on-year (YoY) leap in its net profit in 2020, logging $20.44 million, compared to $11.1 million a year earlier, the unaudited…
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Taaleem Management Services, a minority-owned investment of CI Capital Holding for Financial Investments, announced a plan to float its shares in an initial public offering (IPO) on the Egyptian…
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The Egyptian Financial Regulatory Authority (FRA) said it has approved Banque Misr request to acquire a controlling stake in CI Capital Holding For Financial Investments.
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Egypt’s food industry exports to China have seen $36m during 2020 increasing by 21 percent, according to Tameem El-Dawy, Deputy Executive Director at the Egyptian Food Export Council (FEC).
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The European Bank for Reconstruction and Development (EBRD) has announced that it provided Egypt with a €1 million contribution for the construction of a dry port and logistics centre in 10th of…
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The Egyptian Exchange (EGX) decided to suspend trading on the stock of Orascom Investment Holding (OIH) as of the beginning of Thursday’s trading session.
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Crédit Agricole Egypt, part of France’s second-largest bank Crédit Agricole, reported on Wednesday a 41.9 percent year-on-year drop in full-year profit for 2020.
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The LuLu Hypermarket Group opened its largest branch in Egypt, earlier this week, with the branch at Park Mall in the Porto New Cairo project spread over an area of 9,500 sqm.
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