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Edita bumps up pricing amid global commodities squeeze
INFLATION WATCH- Edita Food Industries has raised prices for some of its products by EGP 1-2, it said(pdf) yesterday. Products…
ADQ is buying … a lot
Abu Dhabi wealth fund ADQ is acquiring state-held stakes in Abu Qir Fertilizers, Mopco, and Alexandria Container & Cargo Handling,…
Charter flight incentives extended until October + contractors on state project get two-month buffer on late projects
Charter flights landing in Egypt will continue to receive cash subsidies from the government until the end of October after…
Cabinet approves austerity budget, trims GDP outlook
GDP forecast downgraded as cabinet signs off on 2022-2023 budget: Egypt has revised downwards its GDP forecast for FY 2022-2023,…
More than a spoonful sugar to help the medicine go down
Gov’t announces EGP 130 bn in tax incentives + brings forward social safety measures following rate hike and devaluation: Fresh…
How the gov’t plans to grow the AI sector: A sitdown with Comms Ministry AI advisor, Sally Radwan. (Part I)
How the gov’t plans to grow the AI sector: Artificial intelligence (AI) is expected to contribute 7.7% to Egypt’s GDP…
IDH to open 18 new branches in Egypt this year
IDH to open 15 Al Borg Labs, 3 Al Borg Scan branches in 2022: EGX and LSE-listed consumer healthcare giant…
River Transport Authority could get new powers after Cabinet approves draft bill
It was all hands on deck at yesterday’s cabinet meeting, where ministers approved a raft of bills, according to a…
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