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Egypt's Mohandes Insurance mulls capital raise
The decision is still pending approvals of the Financial Regulatory Authority (FRA) and the General Authority for Investment and Free Zones
Egypt says strategic wheat reserves enough to cover its needs until February
The General Authority for Supply Commodities bought 405,000 tonnes of wheat at its last purchase tender on October 16
Volkswagen unlikely to establish car assembly plant in Egypt: Kayan
Kayan International Trade's chairperson stressed that Volkswagen has an ambitious plan to revive the automotive industry in Egypt
Egypt’s TIBA-1 satellite leaves Airbus’ clean rooms
Communications satellite TIBA-1 was sent to French Guiana, before its launch from Kourou
Morocco’s BCP Bank buys 71% stake in Madagascar’s BMOI
The deal will help BCP boost its presence in the Indian Ocean area and develop new digital services in Madagascar
Libya estimates 2020 budget at less than $34bln - GNA economy ministry
The economy ministry said the budget, to be ready in December to take effect when the year starts, "will be balanced and there is no deficit or public debt".
Royal Dutch Shell aims to start operating in 5 concession areas in Egypt in H2, 2020
Shell won three oil and two gas concessions in Egypt in February
EGX announces removing date of Arabia Investment Holding’s right issue
The capital increase will be distributed over 961,112,434 shares
Heliopolis Housing mulls extending deadline for bids on management
Extending the deadline for bids to prequalify for acquiring a 10% stake in the company along with management rights
IMF chief urges women never to accept less than men
Georgieva, the Bulgarian economist and former World Bank chief executive, urged women around the world to never accept lower pay than men.
Insights
Despite Tunisia's vote for change, enduring miseries drive youth exodus
Saied is careful to make no promises about the future
An Islamist dilemma after rise of populists in Tunisia
Ennahda took moderate stance after 2011 revolution
DNE survey shows confidence, optimism of companies about Egypt’s energy sector
About 64% of the respondents, equivalent to 32 companies, said they plan to expand in the next year, while 22% said they do not intend to expand, and 14% were not sure whether there will be any expansion: survey
