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Gov’t to convert 50k cars to run on natural gas this fiscal year
The Oil Ministry plans to convert some 50k cars to run on LNG during FY2020-21, a cabinet statement said. Minister…
Suntech, Benha Electronics win bid to supply administrative capital with solar energy
The Administrative Capital for Urban Development Company has signed a EGP 140 mn agreement with the Military Production Ministry’s Benha…
Ex-AOI boss made military production minister after Al Assar death
MOVES- Shehab Marzban (LinkedIn) has resigned as chairman of government-owned venture capital fund Egypt Ventures and is joining Beltone Financial,…
Egypt launches new WEF program to support women’s participation in the economy
Egypt launches new WEF program to support women’s participation in the economy: The International Cooperation Ministry, the National Council for…
Egypt settles EGP 6 bn in overdue export subsidies, earmarks another EGP 7 bn for current fiscal year
Gov’t disbursed EGP 6 bn in export subsidies last fiscal year, earmarks another EGP 7 bn for the new fiscal…
EBRD to invest EGP 1.5 bn in NUCA bond issuance
DEBT WATCH- EBRD to back NUCA bond issuance with EGP 1.5 bn investment: The European Bank for Reconstruction and Development…
Parliament signs off on “corona tax” on salaries, Banking Act, EGX stamp tax + more
LEGISLATION WATCH- House signs off on 1% “corona” salary tax, Banking Act, EGX stamp tax + more: The House of…
Private international schools can open before 17 October, but it’s still not clear how much face-to-face learning will be on the menu
We’re still a couple of weeks out from an answer to the two questions on every working parent’s mind: When…
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