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ITDA to offer five retail outlets and logistics centers next month
The Internal Trade Development Authority (ITDA) will launch tenders for five commercial centers and trade zones to investors next month,…
Russia’s Metprom to invest EUR 210 mn in two steel projects in Egypt
INVESTMENT WATCH- Russia’s Metprom to invest EUR 210 mn in two steel projects: Russian metallurgy company Metprom is planning to…
Egypt finalizes settlement with Israel on USD 1.76 bn int’l arbitration ruling
Egypt finalizes settlement with Israel on USD 1.76 bn int’l arbitration ruling: The Madbouly government has finalized a settlement to…
More what we’re tracking on 22 November 2018: New era for equities, oil closes up, most-clicked stories, Happy Thanksgiving
Is the tech-led selloff the start of a new era for equities? Western markets took a bit of a breather…
What we’re tracking on 22 November 2018
A reminder as we head into the madness that is Black (or white, if you must) Friday in Egypt: We’re…
EBRD signs USD 7 mn loan agreement with Obour Land to finance expansions
The European Bank for Reconstruction and Development (EBRD) has signed a USD 7 mn loan agreement with Egyptian cheesemaker Obour…
Shell aims to increase West Delta output to 450 mcf/d by end-2018-19
Shell aims to increase natural gas output from the West Nile Delta Burullus and Rashid fields to 450 mcf/d, by…
Abbasiya Cathedral’s 50-year anniversary leads coverage on the airwaves
The Abbasiya Cathedral’s golden jubilee celebration was a hot topic for the talking heads on an evening devoid of any…
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