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Swvl Holdings Corp, an Egyptian ride-hailing startup based in Dubai, is getting ready to list 35% of its shares on the Nasdaq Stock Market after merging with Queen's Gambit Growth Capital in February or March, Al Mal Newspaper reported, citing swvl’s Chief Financial Officer (CFO) Youssef Salem.
The Central Bank of Egypt (CBE) is likely to leave interest rates on hold when it meets this Thursday despite forecasts for rising inflation at home and higher interest rates abroad.
Ezz Elarab Automotive Group, the sole importer, and exclusive distributor of Volvo cars in Egypt has recently announced the launch of the latest showroom for the Swedish brand in One Katameya, East Cairo.
The Arab countries’ total global market share of the world’s exports of liquified natural gas (LNG) amounted to 30% during the second quarter (Q2) of 2021, according to a report conducted by Expert Engineer at the Organization of Arab Petroleum Exporting Countries (OAPEC) Wael Hamed Abdel Moati.
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