The government will announce by mid-November the date of its first auction of ‘unused’ state land, Public Enterprise Minister Hisham Tawfik has said. As many as 10 mn sqm of state-owned land in 10 governorates will be up for sale to developers.

Interest rate watch: The central bank’s monetary policy committee meets on Thursday, 15 November to review interest rates. The emerging consensus is that the bank will leave rates on hold.

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