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Centamin CEO Andew Pardey to retire
MOVES- Centamin CEO Andrew Pardey will retire after almost four years in the role, the company said last week. Pardey…
Egypt cuts fuel prices for first time since 2016
Gov’t cuts fuel prices for first time since 2016: The government has revised down prices for all grades of fuel…
Long-delayed steel tariffs ruling takes its toll on local steelmakers
Long-delayed steel tariffs ruling takes its toll on local steelmakers: Egyptian steel companies have slashed prices as they struggle to…
Holland’s GEMCO to build EUR 18.7 mn foundry for Egypt’s Delta Steel
Dutch engineering and contracting firm GEMCO has been awarded a EUR 18.7 mn to build a steel and cast iron…
EGX to partner with Supply Ministry to operate commodities exchange
The EGX will partner with the Supply Ministry to operate the holding company that will be set up to manage…
Egypt restores 1.8 mn people to food subsidies program
Gov’t restores 1.8 mn people to subsidy rolls: The Supply Ministry has added to the country’s subsidy rolls some 1.8…
SIS accuses Amnesty International of acting politically, gov’t to announce fuel prices for 3Q2019
It was a mixed bag on the airwaves last night. The State Information Service (SIS) struck back against Amnesty International…
EFG lands role in Saudi Aramco IPO
Is EFG getting a slice of the Aramco pie? EFG Hermes has reportedly landed a gig as joint bookrunner in…
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