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Bond bulls return to Egypt, more than doubling foreign holdings in five months
Foreign investors are piling into Egyptian debt: Foreign inflows into Egyptian bonds have surged to more than USD 20 bn…
Elsewedy Technical Education signs initial agreement to build 10 vocational schools
Elsewedy Technical Education (STA) has signed an MoU with the Education Ministry to establish 10 vocational schools in the next…
Investors to work with FinMin on real estate tax exemptions
Business leaders and lobby groups are now part of a joint committee with the Finance Ministry set up to address…
Trials begin on Giza Pyramids electric bus route
Orascom Pyramids began trialing the new eco-friendly bus route at the Giza Plateau earlier the week after receiving the first…
No new gov’t loan guarantees for energy projects
The Electricity Ministry not issue loan guarantees for future energy projects, the localpress reports, citing ministry sources. Energy investors have…
Last night’s talk shows: Egypt, Cyprus, Greece summit + planned teacher salary bumps
It was a relatively quiet night on the airwaves last night, which is customary of Wednesdays, when power couple Lamees…
1.6k industrial units allocated to small investors
More than 1.6k units in seven industrial zones were allocated to SMEs and young investors by the Trade and Industry…
Egypt to invest EGP 36.7 bn into green projects in FY2020-2021
INVESTMENT WATCH- Egypt will invest EGP 36.7 bn in green projects during the current fiscal year, accounting for around 14%…
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