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Presidential elections, soaring tuition fees, Sisi’s meeting with MBZ all get airtime
It was a mixed bag of nuts on the airwaves: There was more speculation about the upcoming presidential election, coverage…
New capital developer could go public on the EGX next year
ACUD could sell up to 10% of its shares to investors, according to the company’s chairman
Pachin to delist from EGX. PLUS: MPs want answers on blackouts + news from Qatari Diar, Capricorn Energy and the SME development authority
Emirati firm National Paints Holding acquired more than 80% of the company from the government earlier this year
Hani Suleiman named executive managing director of HCCD
Suleiman was appointed by the Public Enterprises Ministry
The US is letting Egypt have more of its human rights-linked military aid
The Biden administration blocked Egypt from receiving USD 130 mn of aid in 2021 and 2022 on human rights grounds
The expat car import scheme is making a comeback
Egyptian expats get another three months to import cars in exchange for FX deposits
US set to withhold at least USD 85 mn in military aid over rights concerns?
Democratic lawmakers want the Biden administration to withhold USD 320 mn
The gov’t is pacing out its water desalination plant plans on FX challenges + land allocations
The first group of 3-4 desalination plants will require investments worth c. USD 1.5 bn
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