Egypt’s Annual Headline Inflation Rises to 7.2%

Egypt's annual headline inflation rate recorded 7.2% in January 2020, compared to 7.1% in December 2019

Naeem Holding to Merge Reacap Business With Wadi Degla

Naeem Holding for Investment is to merge its Reacap Financial Investments with real estate group Wadi Degla Developments, creating a company with a book value of EGP 3.5 bn (USD 197.18 mn), Reuters reports.

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