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Investment zones, youth forum, Egypt’s green card luck get attention on airwaves
The nation’s talking heads had plenty to chatter about, albeit mostly non-business news. The Let it Rust campaign has pushed…
What we’re tracking on 29 July 2019
The Fawry IPO is up and running as retail investors requested 1 mn shares on the first day of the…
Egypt targets USD 5 bn auto sector FDI over two years
EXCLUSIVE- Gov’t targeting USD 5 bn auto sector FDI over two years: The government is hoping to attract USD 5…
What we’re tracking on 28 July 2019
Good morning, everyone, and welcome to an unusually quiet Sunday morning. We’re not entirely sure if we should chalk that…
Egypt secures USD 14 mn loan from OFID to set up wheat silos
Investment Minister Sahar Nasr signed yesterday a USD 14 mn loan agreement with OPEC Fund for International Development (OFID) CEO…
Egypt signs agreement for the second tranche of the new capital’s Chinese loan
Egypt inks agreements to receive second tranche of USD 3 bn loan for new capital’s business district: Egypt has signed…
Egypt’s economic growth to slow to 5.5% in FY2019-2020 - Reuters poll
Egypt’s economic growth to slow slightly to 5.5% in FY2019-2020 -poll: Egypt’s economic growth will slow slightly to 5.5% in…
Egypt will be getting the final tranche of the USD 12 bn IMF facility soon
IMF signs off on final USD 2 bn tranche disbursal: The IMF’s Executive Board approved yesterday disbursing the final USD…
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