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What we’re tracking on 14 January 2019
Expect today’s news to be led by Finance Minister Mohamed Maait’s trip to Asia to soften the ground for upcoming…
NBE looks to arrange EGP 2.4 bn syndicated loan for EGPC
The National Bank of Egypt is in talks with local banks to arrange a EGP 2.4 bn syndicated loan for…
Egypt’s GASC announces second rice tender of 2018-2019 for 20k tonnes
GASC has issued Egypt’s second international rice tender for 20,000 tonnes of medium on short grained white rice, according to…
Egypt’s GASC purchases 415k tonnes after receiving wheat offers
State grain buyer GASC purchased 415,000 tonnes of Russian wheat in two international tenders on Wednesday, according to Al Shorouk.…
Egypt in talks with UGS to drop USD 2 bn arbitration claim over Damietta liquefaction plant
Egypt is in talks with Spanish-Italian JV Union Fenosa Gas (UGS) in a bid to have the European outfit drop…
Apicorp to invest USD 1 bn in five countries, including Egypt, in 2019
INVESTMENT WATCH- Apicorp to invest USD 1 bn in five countries, including Egypt, in 2019: Egypt is one of five…
Egypt inflation drops in December, falling within CBE’s year-end targets
Inflation drops in December, falling within CBE’s year-end targets: Annual headline inflation dropped to 12.0% in December, down from 15.7%…
What we’re tracking this week and beyond
Supply Minister Ali El Moselhy will present his ministry’s food security strategy to the Madbouly Cabinet “soon,” the minister said…
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