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EGYPT
Travel and Tourism
27% increase in number of tourists to Egypt in four months: Vice Minister for Tourism
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Banque Misr announces strategic partnership and major investment in BELMAZAD
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Maxim Mall announces new government services with opening first branch of general administration of passports, immigration, and nationality in New Cairo
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EFB, SFSD and IFPRI collaborate in the third session of the "Bridging evidence and policy” seminar
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Djembe consultants demonstrates commitment to MEA innovation ecosystem growth
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Tanmeyah awarded ‘Best Financial Institution for Empowering Women in Business in Egypt 2024’
People in the News
Mashreq Egypt and Visa introduce innovative Mashreq NEO Visa card featuring Visa Ambassador Mohamed Salah
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SODIC and Nobu announce further development with a hotel and restaurant in east Cairo
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New Event Developments obtains 25 acres at New Capital’s R8, contracts with Eng. Yasser Al Beltagy as engineering consultant
Events and Conferences
The International Exhibition and Conference for Refrigeration, Air Conditioning, Heating, Insulation, and Energy will kick off on May 13th
Research & Studies
Oriental Weavers, capitalizing on a weaker EGP
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Bokra raises $4.6mln in pre-seed round to democratize wealth management in MENA
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Orascom Development announces launch of inaugural “Life With Purpose” 2023 ESG report
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Schneider Electric celebrates Egyptian winners of its Sustainability Impact Awards for 2023
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Al Futtaim Real Estate and Dar Al Orman continue to draw a smile on orphans' faces
LIFE
Egypt announces Sinai Liberation Day paid holiday for public sector
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FDC Summit and CDIS announce the launch of a joint event
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The Potcast Productions Company secures an early financing round to expand into Saudi Arabia and the UAE
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Qalaa Holdings signs debt settlement agreement with four banks
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Oraimo participates in Cairo Marathon 2024
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CEOs of Misr Italia properties listed among the most influential real estate leaders in the Middle East 2024
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DeFacto plans to increase its investments in the Egyptian market
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Al Riyadh Misr contracts with Voice-Of-Facility Management to manage facilities in its projects in New Cairo and Al Shorouk
People in the News
Chairman of Mansour Egyptian Group, Mohamed Mansour has been given a Knighthood
People in the News
Oriental Weavers’ Chair, Yasmine Khamis wins the Best Women Leader Award in the Textile Industry
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EQUITIES
Mideast Stocks: Abu Dhabi leads as Gulf bourses end higher; Egypt drops
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Oil dips on rising US stockpiles, cautious supply expectations
IPO
Saudi staffing company SMASCO plans to raise $240mln in IPO
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UAE’s Damac Properties announces APAC expansion plan
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RETAIL
INTERVIEW: Kuwait’s AlShaya Group CEO says hostility to US brands has receded; negligible impacts due to floods
INSIGHTS
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Fragile Treasuries relying on rare macro serenity: McGeever
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Clean energy ETFs start to outperform key oil & gas ETF: Maguire
3
In rapidly ageing China, millions can't afford to retire
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Dealmakers eye all-stock deals as US rate cut hopes fade
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Jail time for contempt could spell political trouble for Trump
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UAE
VIDEO: Dubai among top 10 best cities for expats to live and work
THE BRI REPORT
BELT AND ROAD INITIATIVE
China’s flagship global infrastructure initiative is changing in the face of potent headwinds
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Bangladesh raises key policy rate to fight inflation
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Israel, Hezbollah trade heavy fire as violence escalates
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UN official urges Cyprus leaders to restart peace talks
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Washington police clear pro-Palestinian university encampment
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US stocks dip following mixed earnings
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