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UAE’s Mubadala buys 20% interest in Egypt’s Nour concession
M&A WATCH- UAE’s Mubadala buys 20% interest in Egypt’s Nour concession: The UAE’s Mubadala Petroleum has agreed to buy a…
Commodities
Prosecutor General refers former chairman of Food Industries Holding to criminal court
Ex-Food Industries Holding Company head Alaa Fahmy is heading to trial on graft charges. Prosecutor General Nabil Sadek has referred…
Egypt could cut citizens earning more than EGP 7,000 per month from subsidy rolls
Gov’t could cut citizens earning more than EGP 7,000 per month from welfare rolls: There is a “direction” within government…
Egypt inks port cooperation MoU with Ukraine
Egypt has inked a port cooperation protocol with Ukraine, one of its top suppliers of wheat, the Maritime Executive reports,…
Oil Ministry expects USD 10 bn in new oil and gas investment during current fiscal year
INVESTMENT WATCH- Oil Ministry expects USD 10 bn in new oil and gas investment during current fiscal year. Oil Minister…
One of the blandest assortment of topics since Lamees Al Hadidi’s departure
Nights as bland as last night make us yearn for the days when Lamees Al Hadidi ruled the airwaves. There…
Egyptian court sentences eight Daesh members to death for killing security forces
Wire pickups of an Egyptian military court sentencing eight Daesh members to death for their involvement in terrorist attacks on…
Strong appetite among traders for Egypt’s first int’l rice tender
As of last Thursday, the General Authority for Supply Commodities (GASC) received 22 offers from traders bidding on Egypt’s first…
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