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IMF fourth review confirms economic programme on right track: Pharos

Pharos Holding For Financial Investments issued a report commenting on the International Monetary Fund’s (IMF) fourth review of Egypt’s economic reform programme, stating that the programme is broadly on right track. All of the June and December 2018 performance criteria and indicative targets were fully met, with the exception of June’s target on public debt. …

Nihal Samir

Pharos appoints Aladdin El-Afifi as new managing director, co-CEO

Pharos Holding for Financial Investments announced the appointment of Aladdin El-Afifi as their managing director and co-chief executive officer on Tuesday. Commenting on the appointment, Elwy Taymour, group chairperson and co-CEO, said that El-Afifi would play a role in leveraging Pharos’ expansion plan in both local and international markets, due to his strong leadership, as …

Daily News Egypt
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