Saturday 23 June 2018
Egypt operations

BASF closes Egyptian ops amid unrest

German chemicals group BASF said on Friday it closed its Egyptian operations on Thursday because of the violent political protests in the country. "The safety of our employees has top priority. We are observing the situation


Mashreq bank launches Egypt operations

Dubai-based Mashreq Bank on Wednesday launched its Egyptian operations with ten branches in Cairo and Alexandria and a capital outlay of  560 million Egyptian pounds ($99.4 million). Speaking at the launch, the bank's chief execut

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