March 8, 2020

TAQA Arabia contracts with Grant Thornton for IPO evaluation

TAQA Arabia contracted with Grant Thornton to act as an independent financial advisor to evaluate the company’s initial public offering (IPO) on the Egyptian Exchange (EGX), with plans to start the offering in the first half of the year (1H20), informed sources told Daily News Egypt.

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Patient Safety Movement Foundation Appoints New Chairman; Announces Drive Toward Zero Preventable Patient Deaths By 2030 March 12, 2020

Patient Safety Movement Foundation (PSMF) – a global non-profit dedicated to unifying those involved in the healthcare ecosystem, identifying challenges that are causing patient deaths, and creating actionable solutions to mitigate them – is pleased to announce the appointment of its new chairman of the board of directors – Michael A.E. Ramsay, MD, FRCA. It also reaffirms its commitment to patient health and safety......

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Hudson Valley Wireless Deploys Mavenir’s Cloud-Native LTE vEPC March 12, 2020

Hudson Valley Wireless (“HVW”) has selected and deployed Mavenir’s cloud-native LTE vEPC to support their recent project. HVW has formed official Public-Private"...

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Best’s Market Segment Report: Lebanese Insurance Market Faces Mounting Uncertainty March 12, 2020

Lebanon has a long history of economic and political instability. In the past, local insurers have been successful at navigating this challenging environment. However, recent"...

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The LEGO Group and Nintendo partner to take legendary brick-building to a new level March 12, 2020

The LEGO Group announced a partnership with Nintendo that will change the way people interact with Super Mario in the physical world and engage in LEGO® experiences.

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Emaar Misr’s 2019 profits decline 49% to EGP 1.7bn due to growing expenses March 3, 2020

The consolidated financial statements of Egyptian developer Emaar Misr in 2019 showed its profits declined by 49% to EGP 1.7bn, compared to EGP 3.4bn in 2018. The company’s consolidated revenues also decreased last year to EGP 5.4bn, compared to EGP 6.3bn in the year before.

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Egypt’s cement sector wraps up FY19 with sales-volume driven revenue March 1, 2020

Egypt’s cement sector recorded total sales volume (local + export) of 49.8m tonnes in fiscal year 2018/19 (FY19), slightly down 0.8% year over year (YoY) and above Pharos Research’s estimate of 48.5m tonnes.

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