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Saudi sends delegation to Egypt for visits to food producers
A delegation from the Saudi Food and Drug Authority will be in Cairo from 30 June to 11 July to…
Egypt wants to almost quadruple the value of natural gas exports to USD 2 bn in FY2019-2020
Egypt wants to almost quadruple the value of natural gas exports to USD 2 bn in FY2019-2020: The government is…
Egypt plans fuel hedging for FY2019-2020, confirms hedging took place in FY2018-19
Government plans fuel hedging for FY2019-2020, confirms hedging took place in FY2018-2019: Egypt is planning to hedge against rising oil…
Cotton & Textile Industries starts EUR 1 bn modernization program
State-owned Cotton & Textile Industries Holding Co has kicked off a EUR 1 bn government-funded restructuring program under the supervision…
Aton discovers two new mining prospects at its Abu Marawat concession
Canadian mining firm Aton Resources has discovered two new gold mine prospects at Safaga South and Wasif in the company’s…
Supply Ministry in talks with FinMin, bakeries over switching subsidies to cash handouts
The Supply Ministry is in talks with the Finance Ministry, subsidized bread bakeries, and other key stakeholders over its planned…
Egypt’s gold exports surge 132% in 2Q FY2018-2019
Egypt’s gold exports surged 132% to USD 328 mn in the second quarter of FY2018-2019, up from USD 141.3 mn…
AlGioshy Steel plans Egypt IPO in 2020
IPO WATCH- Steel manufacturer AlGioshy Steel is planning to offer up to 25% of its shares in an IPO next…
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